חוק איסור הלבנת הון (תיקון מס' 22), התשע"ז-2017Law Against Money Laundering (Amendment No. 22), 2017 · automatic translation · suggest a correction

Official summary of the law (Knesset)

The three credit card companies that until recently operated in the clearing market are considered a "banking corporation," as defined in the Prohibition on Money Laundering Law, 2000, for purposes of the applicability of the Prohibition on Money Laundering Order to them. Due to the amendment set out in the Banking (Licensing) Law (Amendment No. 18), 2011, which enabled the granting of a clearing license also to a body that is not a "banking corporation," it was determined that a body granted such a clearing license shall also be considered a "banking corporation" for purposes of the applicability of the provisions of the Prohibition on Money Laundering Order that apply to banking corporations.

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