Twitter Logo Youtube Circle Icon LinkedIn Icon

The Legal 500 Hall of Fame Icon The Legal 500 Hall of Fame highlights individuals who have received constant praise by their clients for continued excellence. The Hall of Fame highlights, to clients, the law firm partners who are at the pinnacle of the profession. In Europe, Middle East and Africa, the criteria for entry is to have been recognised by The Legal 500 as one of the elite leading lawyers for seven consecutive years. These partners are highlighted below and throughout the editorial.
Click here for more details

Israel > Legal Developments > Finance > Law firm and leading lawyer rankings


Press releases and law firm thought leadership

This page is dedicated to keeping readers informed of the latest news and thought leadership articles from law firms across the globe.

If your firm wishes to publish press releases or articles, please contact Shehab Khurshid on +44 (0) 207 396 5689 or


Perhaps the QuadragaCX Story Will Have a Happy Ending

March 2019 - Finance. Legal Developments by Yigal Arnon & Co.

More articles by this firm.

While there are the aficionados who will say that cryptocurrencies will free us of the chains of the global financial institutions, on the occasions when the world of cryptocurrencies intersects with the world in which most of us live, the news is generally bleak. While you may not know one side of a Bitcoin from the other, you probably know that its value has crashed over the last 13 months, you may even have heard about some of some of the larger cryptohacks (that is computer heists through which digital currencies belonging to investors are stolen from crypto trading exchanges). And over the last week or so, you may have read on mainstream news sites about the death of Gerald Cotton the CEO of Canada’s largest cryptoexchange QuadragaCX. The death of the CEO of a company that few had previously heard of, was news of course, because in his passing he had taken the passwords to the accounts of his customers with him. The result of this being that about $140 million of their money was stuck somewhere between this world and the celestial ether in which Mr. Cotton now resides. Of course, it wasn’t quite told like that. We were fed terms such as “private keys,” lack of “multi-signature protection,” “cold storage wallets” and more readily understandable – “cryptofraud”. Again!

Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain

June 2018 - Finance. Legal Developments by Yigal Arnon & Co.

More articles by this firm.

Publication of Adv. Adrian Daniel's Commentary in Private Banker International on GDPR & Blockchain.

A link to the article can be found a href=""here

Clarifications regarding Supervision of Financial Services Law (Regulated Financial Services)

June 2018 - Finance. Legal Developments by Yigal Arnon & Co.

More articles by this firm.

Authored by Adv. Simon Weintraub, Adv. Shiri Shaham, Adv. Yuval Shalheveth of Israeli law firm, Yigal Arnon & Co.:

pdf gbfr_-_clarifications_regarding_supervision_of_financial_services_law 


June 2018 - Finance. Legal Developments by Yigal Arnon & Co.

More articles by this firm.



A recent report proposes a balanced approach to ICOs that could add new vigourto the country’s vibrant blockchain sector.

A briefing by Adrian Daniels and Dafna Raz in the Israel Report in The Lawyer


Israeli Market Developments

July 2012 - Finance. Legal Developments by Herzog Fox & Neeman .

More articles by this firm.

Welcome to the 4th edition of Unfolding, which looks at some important developments in Israel in recent months.  Much has happened in Israel since the last edition of Unfolding. The Israeli economy may be small in scale, but never in the level of its business activity.

Israeli Financial Markets Updates

  • Pilot Program for the Encouragement of the Establishment of R&D Centers in Israel for the Service of the International Financial Community
On August 16, 2010, a Directive by the Director General’s Office in the Ministry of Industry, Trade & Labor for a pilot program to be administrated by the Ministry’s Office of the Chief Scientist (“OCS”) became effective in order to develop and create a new engine of growth in the financial sector.

Ground Breaking Amendments to Israeli Mutual Funds

On 31st December, 2007, groundbreaking new regulations reforming the mutual funds market came into force. A series of amendments have been made to the Joint Investment Trust Regulations. The purpose of the amendments is to relax the various restrictions applying to mutual funds, and in doing so, to broaden the investment possibilities of mutual funds. One major example is permitting a "special fund" to invest in hedge funds. A further notable change is legislating new regulations regarding the classification of mutual funds for the purpose of publication. These regulation regulate the publication of information relating to units in mutual funds, including redemption price and yield thereof, which aim to improve the quality of information provided to the investing public. The publications will also include classification of the mutual funds into classes and subclasses, ranked in accordance with the type and maximum risk relating thereto. An additional goal of this amendment is to create a better basis for comparing the various available mutual funds.

Selling Foreign Mutual Funds in Israel

The Joint Investment Trust Law, which is also known as the "Mutual Funds Law", regulates the activity of mutual funds in Israel and their offerings to the public. Currently, foreign mutual funds may not be offered directly to Israeli investors. This is due to the difficulty that foreign mutual funds offering their units to Israeli investors would face in complying with all the Israeli regulatory requirements.