The ministerial committee for legislation has approved a draft regulation proposed by the head of the Knesset Finance Committee, MK Moshe Gafni (UTJ), together with the deputy Transportation Minister, Uri Maklev (UTJ), according to which all credit card data from the coronavirus crisis period will be deleted from company records.

Gafni stated, "This is a law of social importance of the first order, ensuring that people who found themselves in financial straits due to the coronavirus crisis will not be marked as having a bad credit rating for the future."

The new regulation will have its preliminary vote in the full Knesset plenum next week.