The Bank of Israel Banking Pervicion Department, led by Daniel Hahiashvili, published a draft guide to European Persons in Europe living in Judea and Samaria. The instructions of the Banking Department Department teach banks how to behave and how to form their policy when they threatened the Penalties of the EU and the enemy of Israel.
Yesterday, Minister Financially wrote Finance Bezalel Smotrich in Hahiashvili
“A responsible risk management policy cannot leave high prices following the sanctions of citizens of laws in the Laws entered in the Laws of Dear and adding their customers to the road without changing a finger.”
The direction of the Department of the Banking Department, mentioned in the bank’s bank methods two weeks ago, explain that using different types of economic instructions growing. This tool “represents a lever pressing and restriction of international arena.”
Drafts say that when a bank of Israel comes from foreign regimes, “different risks should be conducted, financial risks, reputation risks, and reputation risks.” The bank’s risk management policy affects a customer’s relationship imposed on sanctions.
Banking Department Try to ensure that, with effective risk management, a bank can still provide appropriate banking service to customers to inflict penalties. The department said it worked for about two years “to ensure that the appropriate risk management associated with the customers of the obligations falling into the bank system.”
The draft guide calls banks to form relevant policies and procedures. They need to check the risk of violating penalties or misuse of a banking corporation to avoid sanctions. While banks should not deal with the risk imposed by a blanket refusal to provide services to affected customers, the instructions allow a customer service. “The Banking Department thus allows the discretion of banks to avoid providing a person’s service imposed.
Published in Globes, Israel News in News – en.globes.co.il – On June 5, 2025.
© Copyright in Globes Publisher Itonut (1983) Ltd., 2025.
