Regulatory Alerts2025-07-17
Added · Updated
Palestine Monetary Authority Circular No. 87 of 2025: Outcomes of the First Meeting of the Sustainable Finance Working Group
The Palestine Monetary Authority mandates that banks establish an internal sustainable finance working group comprising key functions such as strategic planning, risk management, and operations to align with the sector-level working group established under Circular No. 30 of 2025. Banks are required to submit the charter and membership list of this internal team to the Authority via email within two weeks of the circular's date. The document reinforces the strategic importance of implementing the Authority's Sustainable Finance Roadmap and integrating ESG standards to address climate-related financial risks and enhance the sector's international standing.