Regulatory Alerts2021-01-01
Circular 76/2021: List of Authorized Signatories
The Palestine Monetary Authority issued Circular 76/2021 requiring all specialized lending institutions in Palestine to prepare, approve, and submit a list of authorized signatories that aligns with their internal financial and administrative authority matrices. Institutions must deliver hard and official copies of the approved list to the regulator by the end of March annually, notify the authority of any amendments within five working days, and provide an additional copy via email. This directive supersedes and repeals the previous 2015 circular governing authorized signatories.
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