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Israeli Lawmaker Pushes Banking Bill After UK Sanctions Cabinet Ministers

Following Britain's announcement of personal sanctions against Israeli Ministers Itamar Ben-Gvir and Bezalel Smotrich, Deputy Speaker of ...

TPS Breaking News

Jerusalem, 10 June, 2025 (TPS-IL) — Following Britain’s announcement of personal sanctions against Israeli Ministers Itamar Ben-Gvir and Bezalel Smotrich, Deputy Speaker of the Knesset MK Limor Son Har-Melech announced she will advance legislation protecting Israeli citizens from banking restrictions due to foreign sanctions.

British officials Smotrich and Ben-Gvir will have their UK assets frozen and face a travel ban over their “monstrous” comments about Gaza. Canada, Australia, and New Zealand are expected to follow suit.

Son Har-Melech’s bill would prevent Israeli banks from denying services to citizens on foreign sanctions lists, provided they haven’t violated Israeli law. The Otzma Yehudit lawmaker criticized banks for “rushing to adopt sanctions regimes that are not valid in Israel, due to low risk appetite and a desire to please foreign elements.”

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Saturday, 7 March 2026 Updated continuously