|ISIS/ISIL supporters in Gaza burn the French flag|
ISIS/ISIL supporters in the West Bank* are being actively sought out by Israeli law enforcement authorities. Inasmuch as ISIS/ISIL has been sanctioned by OFAC for several years, any financial transaction between a Western bank, and banks in the Territories, could be a part of a terrorist financing scheme, and the United States has taken an extremely strong enforcement position regarding ISIS/ISIL.
Is is suggested that any and all financial transactions, with, to, through, or for, West Bank or Gaza recipients not be authorized, unless an enhanced due diligence investigation is performed, and any possibility that the transaction constitutes terrorist financing is ruled out. To do any less is not prudent compliance.
* A visit, by the Canadian Foreign Minister, to the Palestinian Authority offices in Ramallah this week, was cut short when Palestinian protestors threw eggs and shoes at the official, and his staff.
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