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25th Knesset · outgoing

Counter-Terrorism Law (Amendment – Sanctions on Financial Institutions) Bill

Translated from Hebrew: הצעת חוק המאבק בטרור (תיקון - סנקציות על מוסדות פיננסיים)

TL;DRThe bill amends the Counter-Terrorism Law by adding sanctions on financial institutions that assist bodies classified as terror.

Translated from Hebrew

What does the bill do?

The bill amends the 2016 Counter-Terrorism Law by adding section 36, which grants sanction powers against financial institutions. The new section allows financial institutions to be subjected to sanctions including asset freezes, a ban on financial transactions and restrictions on activities, in cases in which the institution endangered or supported terror activities. The bill applies to banks, holding companies and other financial institutions as defined in the related laws.

Passed preliminary readingFirst plenum vote: May 29, 2024

The votes on this bill

Passed23 for · 3 against · 0 abstained · 94 did not vote
Source: the Knesset's vote record ↗

Coalition 72 seats

LikudFor 7 · Absent 25
ShasFor 2 · Absent 9
United Torah JudaismFor 2 · Absent 5
Otzma YehuditFor 1 · Absent 5
NoamAbsent 1

Opposition 48 seats

Yesh AtidFor 5 · Absent 19
Yisrael BeytenuFor 5 · Absent 1
Ra'amAgainst 1 · Absent 4
Hadash–Ta'alAgainst 2 · Absent 3
LaborAbsent 4

Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown

Other bills with a similar name · 1Separate bills (usually different amendments to the same law) - not readings of this bill.