2021-03-29
Added · Updated
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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PALESTINE MONETARY AUTHORITY
Circular No. (76/2021)
To all specialized lending institutions operating in Palestine Date: Monday, March 29, 2021
Further to the requirements of Circular No. (2015/95) dated 25/06/2015 regarding Authorized Signatories, all specialized lending institutions must comply with the following:
We kindly request that you also send a copy of the list via email to: scdivision@pma.ps
Note: Circular No. (2015/95) regarding Authorized Signatories is hereby repealed.
Supervision Group
Palestine Monetary Authority
www.pma.ps
Ramallah and Al-Bireh Governorate - Palestine P.O. Box 452 info@pma.ps | Fax: +970 2 2415310 | Tel: +970 2 2415251 Gaza - Palestine P.O. Box 4026 Fax: +970 8 2844487 | Tel: +970 8 2837777
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Source: Palestine Monetary Authority — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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