The Knesset, Israel’s Parliament, today passed the first reading of a bill limiting the types of persons or institutions authorized to deal with claims under the recently passed Swiss law under which assets left in Swiss banks by Jews and others who perished during the Nazi holocaust, will be revealed.
Under Israel’s draft measure, only attorneys will be empowered to handle claims under the new Swiss law. However, the law would also empower the Israel Attorney General and certain public institutions to represent claimants. The Swiss law does not go into effect until September 1, but various agents are already canvassing potential claimants in Israel.
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