Regulatory Alerts2023-01-01
Circular No. 172: Automated Supervision System (SupTech) - Lending - 2023
The Palestine Monetary Authority issued Circular No. 172/2023 requiring all specialized lending institutions operating in Palestine to ensure data readiness and submit required information via the automated Supervision System (SupTech) by August 31, 2023. Following a May 23, 2023 training workshop and subsequent Industry UAT testing, institutions must align their data provision with the regulatory models already available on the system. The Authority will subsequently coordinate with each institution to complete the data migration onto the platform.
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