Welcome to the August 2019 issue of our global newsletter.

The bonds are guaranteed by a lien on the gas from the Leviathan offshore field in which Delek Drilling has a 45.34% stake.

The Israeli Knesset finally passed a law banning the huge binary options industry based in Israel ending a ten year scandal whereby fraudulent brokers were able to fleece thousands upon thousands of people...

The lecture took place at the Tel Aviv-Yafo Municipality's Center for Young Adults, with the participation of William Grant, Deputy chief of Mission at the US Embassy.

In the last year, the Israeli Securities Authority (ISA) has been reviewing license applications submitted for obtaining an online own-account financial trading license.

On July 18, 2016 the Knesset approved a new law, the Supervision of Financial Services, 2016.

The Israeli Knesset voted to postpone the entry into force of the Payment Services Law from its original effective date of January 9, 2020, to October 2020.

The Israeli Supreme Court ("Court") was asked to consider whether a holding company's shareholders are entitled to file a derivative action in the name of a second-tier subsidiary.

Much of this is now paperless, meaning that cloud technology, smartphone and tablet apps, and on-site hardware solutions matter to anyone whose business involves money.

The office holder defendants argued that these provisions preempted derivative shareholder claims from being initiated under Israeli law and from being heard in Israel.

As part of the global tax competition, Israel has decided to join a large number of countries and to gradually reduce its tax rates on both individuals and companies in order to attract foreign investments and business enterprises.

The law also establishes arrangements for the collection and management of individuals' credit data solely in their capacity as business owners.

Welcome to the second installment in our series of articles providing an overview of the various aspects relating to the venture lending industry in Israel, including some of the legal, commercial and regulatory factors that should be taken into consideration by anyone looking to enter into this realm.

On October 20, 2023, the Financial Crimes Enforcement Network ("FinCEN") published an alert (the "FinCEN Alert") to help assist financial institutions...

The legitimate IRS Form W-8BEN, does not ask for any of that information.

The efforts made by the Israeli Tax Authorities (ITS) to combat unreported overseas accounts held by Israelis are beginning to yield results.

In June 2017, the government of Israel approved a draft bill to amend the Securities Law that is intended to tip the scales in the battle being waged in the financial trading sector over binary options.

The Israeli government has approved a bill to ban the entire Israeli-based binary option industry and put a halt to its ominous consequences.

In 2013, in order to deposit money from its customers who buy or sell bitcoins in the Company's digital wallet, the Company opened a bank account through which it performed cash transactions,

We are pleased to announce that the TASE is to allow global-traded funds to be listed.