Regulatory Alerts2023-01-01
Instructions No. 7 of 2023 Regarding Banking Fees and Commissions
The Palestine Monetary Authority issued Instructions No. 7 of 2023 to regulate banking fees and commissions under Law Decree No. 9 of 2010. The directive defers both the implementation and repeal of specific Israeli Shekel deposit commission rules until the end of 2023, ensuring continuity with prior regulations. These amendments modify Articles 5 and 16 of the original instructions, thereby maintaining current fee structures while pending full regulatory alignment.
Share