Oireachtas committee calls for rules to allow Central Banks to refuse Israeli war bond sales
A protest organised by the Ireland-Palestine Solidarity Campaign outside the Central Bank of Ireland in May. The Central Bank last month came under mounting pressure to reject the prospectuses of Israeli bonds, which are largely being used to fund the country's war efforts in Gaza.
The Central Bank should review the process for approving the prospectus of the sale of Israeli bonds, an Oireachtas committee has found.
The Joint Committee on Finance on Tuesday published its and says the Central Bank here and other EU Central Banks should develop a mechanism whereby an individual Central Bank can refuse to process any new prospectus certification requests.
