Global Securities Company operates within a defined legal and regulatory framework. This page is a reference for the company's licences, the authorities that supervise it, and the legislation it is subject to.
Licence and membership
| Licence | Palestine Capital Market Authority — no. PCMA/GSC/563119148, to carry out securities brokerage activity |
|---|---|
| Operating permit — forex | Operating permit from the Palestine Capital Market Authority to deal in unregulated foreign exchanges (forex), granted on 2 February 2026 — PCMA statement · licensed firms |
| Membership | Member of the Palestine Exchange (PEX) |
| Legal form | A private company wholly owned by the Palestine Investment Bank, listed on the Palestine Exchange under the symbol PIBC |
| Capital | USD 5,250,000, fully paid up |
| Established | 5 December 1996 — trading on the Palestine Exchange began in 1997 |
Supervisory authorities
- Palestine Capital Market Authority (PCMA) — the authority that licenses and supervises securities brokerage activity.
- Palestine Exchange (PEX) — the body that regulates trading on the local market.
- Financial Follow-up Unit — the national authority that receives reports of suspicious transactions.
Legislation we are subject to
Securities
- Securities Law No. (12) of 2004 and the regulations and instructions issued under it.
- Capital Market Authority Law No. (13) of 2004.
- Instructions No. (1) of 2006 on the licensing of securities companies.
- Securities Trading Instructions No. (1) of 2019.
Foreign exchanges (forex)
Brokerage in unregulated foreign exchanges is governed by a framework separate from securities activity on the local market:
- Regulation No. (17) of 2023 on securities companies dealing with foreign exchanges.
- Instructions No. (1) of 2024 on securities companies dealing in unregulated foreign exchanges.
Anti-money-laundering and counter-terrorist financing
- Decree-Law No. (39) of 2022 on anti-money-laundering and counter-terrorist financing.
- Instructions No. (4) of 2022 on anti-money-laundering and counter-terrorist financing for financial institutions.
- Instructions No. (1) of 2022 on implementing UN Security Council resolutions.
Full texts are published on the official website of the Palestine Capital Market Authority: Laws and regulations · Securities instructions.
Control and audit
- Internal control procedures over operational and financial activity.
- Periodic external audit under approved accounting and regulatory standards.
- The anti-money-laundering and counter-terrorist-financing unit reports to the audit and review committee of the Palestine Investment Bank's board.
Our published policies
The detail behind the above is published on separate pages: Order Execution Policy · Compliance · Legal Disclosures · Risk Statement · Privacy Policy · Submit a Complaint