In face of the Brexit referendum and the critical attitudes expressed towards EU governance, making our rules more trustworthy should be of even greater concern. The Brexit vote must under no circumstances serve as an excuse to delay reforms or even undo achievements in European integration. Instead, the EU should listen to this wake-up call and react appropriately.
In this context, in 2013, 56 percent of the transactions, in NIS terms, were made through the Zahav system (albeit a minor percentage of the number of transactions), with each money transfers greater than NIS 1 million being required to be made through the system.