Global Securities Company maintains a compliance framework covering all of its activities, designed to protect client rights and market integrity and to ensure adherence to the laws and instructions issued by the Palestine Capital Market Authority and the Palestine Exchange.
Anti-money laundering and counter-terrorist financing
- Client due diligence: verifying the identity of the client and the beneficial owner before an account is opened, with periodic updating of records.
- Risk classification: classifying clients by risk level and applying enhanced due diligence to higher-risk categories.
- Transaction monitoring: monitoring unusual account activity and reporting suspicious transactions to the competent authorities.
- Staff training: periodic awareness programmes for relevant employees.
Source of funds and payment channels
Client payments are accepted only through the company's published bank accounts listed on the Bank Accounts page, and only in the account holder's own name. Third-party payments are not accepted.
Conflicts of interest
The company maintains arrangements to identify potential conflicts of interest between itself and its clients, or between clients, to manage them in the client's interest and to disclose them where appropriate. Orders of the company or its staff are never given precedence over client orders.
Client data protection
Client data and financial information are treated as confidential and are disclosed only to authorised regulatory and judicial bodies through proper legal channels. How data is collected and processed is set out in the Privacy Policy.
Internal control and audit
- Continuous internal control procedures over operational and financial activity.
- Periodic external audit under approved accounting and regulatory standards.
- Direct supervision by the Palestine Capital Market Authority and the Palestine Exchange.
Reporting and complaints
Clients and third parties may report a breach or submit a complaint through the Complaints page on this website, by writing to compliance@gsc.ps, or by calling +970 2 294 3512. Complaints are examined under the approved procedures and the outcome communicated to the complainant.