Additional Directives and Decisions
As part of its function as Supervisor of Payment Systems, the Bank of Israel publishes directives to the Controlled Payment Systems and to the Designated Controlled Payment Systems. These directives set out standards on various issues, and are partly based on the Principles for Financial Market Infrastructure (PFMI) that have been formulated by the Bank for International Settlements (BIS).
Links to directives and guidelines
- Notice of date pursuant to Section 14(b) of the Payment Systems Law (with regard to payment instructions in the CLS system)
- Notice of date pursuant to Section 14(b) of the Payment Systems Law (with regard to finality of payment in the ZAHAV system)
- Notice of declaration of the CLS system and of the ZAHAV system as Designated Controlled Payment Systems pursuant to the Payment Systems Law, and the exempting the CLS system from various directives
- Notice of Amendment to the Direction on exempting the CLS system from various directives
- Adoption of the Financial Market Instructure Principles by the Bank of Israel
- Payment card transaction chain (final report), Bank of Israel
- Letter from the Bank of Israel’s Supervisor of Accounting and Payment and Settlement Systems on transferring money through MASAV (1 2010)
- Letter from the Supervisor of Accounting on transferring money through the ZAHAV system
- Letter from the Supervisor of Banks on transferring money through the ZAHAV system
- Duty of Representation in settlement or in the MASAV system rules
- Preparation for receiving R2P payment requests
- Allocation of identification code
- Principles for enhanced verification