Regulatory Alerts2020-12-24
Added · Updated
Palestine Monetary Authority Circular No. 253 on Specialized Professional Certifications
The Palestine Monetary Authority issued Circular No. 253/2020 to update the approved list of specialized professional certifications for banking personnel. The circular attaches a revised appendix that maps recognized credentials from bodies such as GARP, IIA, CFA Institute, and ACAMS to specific banking functions including risk management, internal audit, compliance, treasury, and anti-money laundering. Licensed banks must align their key personnel qualifications with these updated standards to comply with Instruction No. 03/2019 on professional certification requirements.
PALESTINE MONETARY AUTHORITY
INTERNAL - داخلي
|----------------|--------------------------------------|-------------------------------| | Global Association of Risk Professionals (GARP) | Financial Risk Manager (FRM);<br>Professional Risk Manager (PRM) | إدارة المخاطر | | Institute of Risk Management qualifications (IRM);<br>INTERFIMA:- | International diploma in enterprise risk management<br>International certificate in financial services risk management<br>Certified Risk Specialist (CRS) | إدارة المخاطر | | The Institute of Internal Auditors (IIA) | Certified Internal Auditor (CIA)<br>Certified Financial Services Auditor (CFSA) | التدقيق الداخلي | | International Compliance Association<br>INTERFIMA:- | International Diploma in Compliance<br>International Advanced Certificate in Compliance and Financial Crime<br>Certified Compliances Specialist | مراقبة الامتثال | | CFA Institute | Chartered Financial Analyst (CFA); | الخزينة والاستثمار / رقابة الخزينة |
INTERNAL - داخلي
|----------------|--------------------------------------|-------------------------------| | Chartered Institute for Securities & Investment<br>ACIFMA- | Certificate in Securities and Financial Derivatives<br>Certificate in Investment Management<br>ACI DIPLOMA | المالية / الرقابة المالية | | CFA Institute<br>Institute of Certified Public Accountants<br>CFP Board<br>IMA<br>CIMA | Chartered Financial Analyst (CFA)<br>Certified Public Accountant (CPA)<br>Certified Financial Planner (CFP)<br>Certified Management Accountant (CMA)<br>CERTIFICATE IN BUSINESS ACCOUNTING | المالية / الرقابة المالية | | Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) | Certified Sharia Advisor and Auditor (CSAA) | الرقابة الشرعية والتدقيق الشرعي | | ASSOCIATION OF CERTIFIED ANTI-MONEY LAUNDERING SPECIALISTS (ACAMS)<br>International Compliance Association | Certified Anti-Money Laundering Specialist (CAMS)<br>Diploma in Anti-Money Laundering<br>Advanced Certificate in Compliance and Financial Crime | مكافحة غسل الأموال وتمويل الإرهاب |
Ramallah & Al-Bireh Governorate - Palestine P.O. Box 452 ص.ب فلسطين - محافظة رام الله والبيرة
info@pma.ps | Fax: +970 2 2415310 | فاكس | Tel: +970 2 2415251 | هاتف
Gaza - Palestine P.O. Box 4026 ص.ب فلسطين - غزة
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