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Bank of Israel: Gemachim Need Not Report Up to $50 Million to IRS

The pressure applied by Knesset Finance Committee Chairman MK Moshe Gafni has worked, and The Bank of Israel has instructed the banks on granting exemptions to Gemachim from reporting to the US authorities to comply with the FATCA agreement.

Bank of Israel Wins 2017 ‘Reserve Manager of the Year’ Award

Last year the Bank of Israel won Central Banking magazine's "Transparency Award."

Obama Tightens Sanctions on Iran’s Central Bank

Move comes in response to Iranian attempts to "conceal transactions of sanctioned parties."

Mohammad Dahlan’s Assets Seized in Jordan

Jordanian action taken at the request of PA leadership.

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Printed from: http://www.jewishpress.com/news/jewish-news/bank-of-israel-gemachim-need-not-report-up-to-50-million-to-irs/2017/06/26/

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