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 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...

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.

A customary practice in the credit market makes the provision of financing for a corporation contingent upon the creation of a floating charge on all of its assets in favor of the financier.

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.

Prohibition of Money Laundering Order (Identification, Reporting and Record-Keeping Requirements of Financial Services Providers to Prevent Money Laundering and Terror Financing) (Amendment), 5778-2018

The Court held that it may be possible to transfer the management of the derivative suit from the derivative plaintiff to the company for matters related to negotiations and settlement of a derivative suit ...

The value of the total assets managed by the foreign fund manager must be at least USD 20 billion.

The Supreme Court has ruled that an investment fund's articles rather than its investor marketing presentation or fact-sheet delineate management's authority regarding Fund investment strategies.

To that end, the committee has recommended, amongst others, certain tax benefits and restrictions as outlined below.

We are preparing a series of periodic short articles providing an overview of various aspects relating to the venture lending and private credit industry in Israel, as it relates specifically to funding Israeli related technology companies.

Last week, the Central District Court issued a Civil Appeal rejecting a Veteran Returning Resident's argument regarding the allocation of Israeli and foreign source income deriving from his compensation by a foreign company.