Welcome to the Information Website on Money Laundering in Israel

Edited by Yael Grossman, Law Offices

This site presents comprehensive and updated information on what is happening in Israel on the subject of the prohibition against money laundering. The site includes details on basic concepts, legislation, advances in case law, critical articles and links to major sites, including reference to the subject of the prohibition on financing terrorism. Rapid developments on the subject of the prohibition on money laundering in Israel means that constant follow up and updating is needed. All the advances on the subject, including changes to legislation and developments in case law, appear on the site.
The site is administered by Advocate Sally Licht.

A Brief Guide to the Prohibition on Money Laundering Law in Israel

The Prohibition of Money Laundering Law, 5760 - 2000 had the defined aim, of those engaged in its legislation, as "having Israel join the community of nations and preventing Israel from becoming a regional or international 'laundromat' of capital originating in crime". The law tries to contend with the money laundering phenomenon from a number of aspects

Selected segments from the book: “Prohibition on Money Laundering - Theory and Practice”

The book “Prohibition on Money Laundering – Theory and Practice” was published by Advocates Yael Grossman and Ronny Balkin in 2006 and constitutes a comprehensive review of the relevant statute and law. The book analyses the background to the legislation of the statute and the innovation in criminal law which it embodies. The book contains a comprehensive chapter dealing with forfeiture, chapters dealing with comparative law and a chapter dealing with the financing of terrorism. The book critically examines the law and its implementation in Israel. Below are selected segments from the book.

Prohibition of Financing Terrorism in Israel

Israel legislated on 2004 the Prohibition of Financing Terrorism Law. This law updated and widened it's legislation in this field, which existed since the time of it's establishment.

The Israeli Legislation against Terrorist Financing /Ruth Plato-Shinar

The Israeli Legislation against Terrorist Financing

Israel: The Impact of the Anti-Money Laundering Legislation on the Banking System/Ruth Plato-Shinar

Israel: The Impact of the Anti-Money Laundering Legislation on the Banking System