Regulatory Alerts2022-01-01
Circular No. 236/2022: Website of the Committee for Implementing Security Council Resolutions
The Palestine Monetary Authority issued Circular No. 236/2022 to direct all licensed payment service companies in Palestine to utilize the updated official portal of the Committee for Implementing Security Council Resolutions. The directive mandates immediate compliance with relevant UN Security Council resolutions on counter-terrorism, counter-terrorism financing, and weapons non-proliferation by requiring firms to register on the site, monitor sanctions updates, and cross-reference national and international listing databases. Payment service providers must integrate these resources into their daily operations to ensure full adherence to international sanctions regimes.
[Logo of the Palestine Monetary Authority] Palestine Monetary Authority PALESTINE MONETARY AUTHORITY
Circular No. (236 / 2022) To all payment service companies operating in Palestine Date: Thursday, 29 September, 2022
Subject: Website of the Committee for Implementing Security Council Resolutions
Further to our Circular No. (2022/222), please find below the updated web link to the website of the Committee for Implementing Security Council Resolutions, established by Presidential Decree No. (14) of 2022, which allows users to register and subscribe to the site, follow news and sanctions imposed by the UN Security Council Sanctions Committee, and review the national listing and UN Security Council lists.
Accordingly, you are requested to take the necessary measures to ensure the use of the website and the immediate implementation of relevant Security Council resolutions concerning counter-terrorism, counter-terrorism financing, and non-proliferation of weapons.
Supervisory Group Palestine Monetary Authority
Committee Website Link: https://sanction.pgp.ps/unsanction
www.pma.ps Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 Tel: +970 2 2415251 | Fax: +970 2 2415310 | Fax: info@pma.ps Gaza - Palestine P.O. Box 4026 Tel: +970 8 2825713 | Fax: +970 8 2844487 | Fax: