British Parliament Warns Banks about Israeli Settlements

The All Parties Britain-Palestine Group, formed with the participation of MPs from all parties in the British Parliament, sent a letter to financial institutions and banks in the country, warning them about the government's decision to ban trade with Israeli settlements built on seized lands in occupied Palestinian territory.

Reminding that these organizations bear the responsibility of not cooperating with Israeli settlements built on seized lands in occupied Palestinian territory, the letter said, "While the details (related to the ban) continue to be clarified, the first question that comes to mind is what steps the institutions will take when the ban comes into force." The expression was used.

“We ask boards of directors to evaluate this interim risk before incurring new or increased obligations,” the letter said. statements were included.

In the letter signed by Labor Party MPs Andy McDonald and Debbie Abrahams, who are in power in England, "We request that you put the risks related to potential E1 and settlements on the board's agenda and risk list and make a reasoned decision on whether the relevant sanctions, legal and reputational risk correspond to the amount of risk the institution has agreed to take." It was said.

The All Parties Britain-Palestine Group also announced that they will publish their responses to this letter on 10 October.