IsraelIsrael’s Minister of Defense, Yoav Galant, signed an order to seize millions of dollars from Hamas after a joint operation between security forces exposed a money transfer network that laundered tens of millions of dollars to the organization.
Israel’s Defense Minister Yoav Gallant signed an order for the temporary seizure of gold transferred to Hezbollah, a designated terrorist organization, as part of efforts to thwart a terrorism financing scheme using proceeds from the sale of smuggled gold.
Russian man charged with helping criminals verify stolen credit-card details, Canadian gaming supervisors launch investigation, and more, in the weekly roundup.
German authorities raid JPMorgan Chase, Russian superyachts find new home in sanctions-free Turkey, and more, in the midweek roundup.
According to the regulator, the Banking Corporations Sanctions Committee on anti-money laundering and counterterrorist financing issues fined the Tel Aviv, Israel-based bank for its failure to report unusual transactions to the Israel Money Laundering and Terror Financing Prohibition Authority.
The Banking Corporations Sanctions Committee of the Bank of Israel imposed a monetary penalty against the credit card company based in Tel-Aviv, Israel for violating multiple requirements of the Prohibition on Money Laundering Law, 5760-2000.
| Technical | Effectiveness |
|---|---|
| Compliant : 16 | High : 3 |
| Largely Compliant : 19 | Substantial : 5 |
| Partially Compliant : 4 | Moderate : 3 |
| Non-Compliant : 0 | Low : 0 |
| Not-Applicable : 1 |
Israel's technical compliance was re-rated in a May 24, 2022 follow-up report.
| Rank : 14/110 |
| Score : 3.83/10 |
| Rank : 36/180 |
| Score : 59/100 |
| Rank : 38/133 |
| Score : 59/100 |