Regulatory Alerts2023-06-04
Added · Updated
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.
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