On Jun. 24, 2025, ISR CB published the temporary order, in order to assist the banking system and its customers in dealing with the challenges of this event.
Applies to a banking corporation as defined in Banking (customer service) law 5741.
Comes into effect from date of publication, remains in force until Jul. 24, 2025.
On Jun. 19, ISR CB published an order on temporary regulatory relief.
ISR CB issued temporary order for banks that is intended to enable banks and credit card companies to have business flexibility necessary during Operation Am Kalavi.
Aims to ease burden on customers affected by war and maintain continuity of services.
The Temporary Order will be updated from time to time as needed.
Effectiveness
In force from the date of publication and shall remain in force until two weeks after the end of the state of emergency in the home country declared by the government.
Jun. 24, 2025 Temporary Order Update
On Jun. 24, 2025, ISR CB published the temporary order, in order to assist the banking system and its customers in dealing with the challenges of this event.
Applies to a banking corporation as defined in Banking (customer service) law 5741.
Comes into effect from date of publication, remains in force until Jul. 24, 2025.
Regulators
ISR CB
Entity Types
Bank; CNSM; MSB
Reference
Cir 2823, 6/24/2025; Ord 111567, 6/19/2025; Law 5741/1981;
