New Guidelines For Institutional Investors

The Israeli Competition Authority, after consulting with the Israeli Securities Exchange Commission, has published new guidelines (June 2019) regarding collaborations between Institutional Investors in connection with how to vote in shareholders meetings of corporations in which they are invested. These guidelines provide details of the conditions upon which such collaborations are permitted without needing prior approval from the Competition Authority. In an article by Tzahi Yagur, Head of Pearl Cohen's Competition Group, the foregoing conditions are analyzed together with the boundaries of the (limited) permit to the Institutional Investors under the guidelines. 

For the full article in Hebrew, click here.