Regulatory Alerts2022-02-20
Added · Updated
Circular No. 39/2022: Bank Communication Lines
The Palestine Monetary Authority requires all banks operating in Palestine to submit a comprehensive report on their communication lines within one week. The submission must detail business continuity procedures, the impact of internet outages, data center hosting locations, and a completed technical form covering all internal and external connectivity links. This directive aims to ensure the stability and operational continuity of the banking sector in accordance with established best practices.
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