Israeli banks began to restrict transactions in securities accounts of citizens of the Russian Federation even with an Israeli passport. In this respect RBC said Mark Oigman, founder of international finance company SmartGen Ltd.
According to him, the largest Israeli banks began separating accounts after an order from the Belgian custodian Euroclear.
“They started to separate accounts belonging to Russians and accounts belonging to taxpayers in Russia,” Oigman said.
Israeli Bar Association President Eli Gerwitz also confirmed to RBC that the custodian’s decision went into effect on November 13. Oigman warned that Luxembourg’s Clearstream could also join the blockchains.
Previously, for the first time in two years, an Israeli bank decided to intervene entered the foreign exchange market. Following Palestinian Hamas’ attack on Israel, the country’s central bank announced an unprecedented $45 billion support program.
Previous analysts saidThat the Palestinian-Israeli conflict could increase the prices of defense assets.