Regulatory Alerts2018-01-01
Circular No. 78: Connecting Bank Premises to the Palestine Monetary Authority Disaster Recovery Site
The Palestine Monetary Authority issued Circular No. 78/2018 mandating all banks operating in Palestine to establish a Site-to-Site VPN connection to the Authority's Disaster Recovery Site via the Internet. This requirement ensures the safety, stability, and operational continuity of the banking sector by guaranteeing uninterrupted access to critical regulatory systems during disaster events. Banks must implement this connectivity in compliance with Business Continuity Management instructions No. (2009/2) and may contact the Authority's Information Technology Department for technical support.
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