Regulatory Alerts2020-01-01
Circular No. 225: Financial Data for Banks Submitted to the Monetary Authority
The Palestine Monetary Authority requires all banks operating in Palestine to maintain the current submission mechanism for financial data reports until December 31, 2020. After this date, banks must discontinue filing reports prepared under the Basel I requirements template, with the change taking effect at the start of the following year. This directive ensures a structured transition for all Call Reports currently submitted under Basel I, II, and III frameworks.
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