Regulatory Alerts2018-01-01
Circular No. 199 Data Request
The Palestine Monetary Authority issued Circular No. 199/2018 requiring all banks operating in the Gaza Strip to submit detailed deposit data for August and September 2018, followed by quarterly submissions thereafter. Banks must complete the attached forms at the individual deposit level, including depositor identifiers, account details, transaction references, and currency codes (USD, JOD, ILS, or Other FX), and email the verified information to Circulars@pma.ps within seven days of the circular's issuance. The Supervision and Inspection Department mandates strict accuracy in the reported figures to ensure comprehensive regulatory oversight of branch-level liabilities.
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