Israeli banks were ordered to adhere to sanctions programmes set up by the US and EU last year, reports Haaretz.
The Bank of Israel instructed all Israeli banks to adhere to the sanctions programme in a letter from its Banking Supervision Department.
“The sanctions regimes are complicated, with different consequences. There are international sanctions against certain parties and businesses in Russia,” the central bank wrote in its letter.
The Bank of Israel instructed all Israeli banks to adhere to the sanctions programme in a letter from its Banking Supervision Department.
“The sanctions regimes are complicated, with different consequences. There are international sanctions against certain parties and businesses in Russia,” the central bank wrote in its letter.