"The Palestine Monetary Authority (PMA) regrets the recent ruling by the Authorities in the Gaza Strip seeking to force bank of Palestine and Palestine Islamic bank branches in Gaza to pay taxes and fines in contravention to the established Palestinian laws. The PMA will continue to closely monitor the situation to ensure that all bank branches operating in the Gaza governorates continue to adhere to all relevant laws, regulations and directives pertaining to Anti Money Laundering including PMA law No. (2) for 1997, Anti Money Laundering Law No. (9) for 2007 and banking law No. (9) for 2010.

We urge the authorities in Gaza to drop those claims and to cease and desist from any actions that will lead to irreparable harm to the Gaza economy and severely exasperate the already deteriorating humanitarian situation of the people of Gaza".