Guide for AML Reporting in Israel

Israel’s approach to combating money laundering and ensuring transparency in financial transactions is based on international standards aligned with the Financial Action Task Force requirements. Central to this system is the Israeli Money Laundering Prohibition Authority (IMPA), which serves as Israel’s Financial Intelligence Unit (FIU). IMPA doesn’t possess direct supervisory powers. Instead, financial institutions are overseen by their supervising regulator, who conducts […]