The Knesset approved a series of legislative amendments this past July designed to promote competition in the money market – money market mutual funds, deposits and government bonds (short-term loans maturing in less than one...more
9/3/2024
/ Banking Sector ,
Conflicts of Interest ,
Disclosure Requirements ,
Investment Adviser ,
Investment Portfolios ,
Israel ,
Israel Securities Authority (ISA) ,
Money Market Funds ,
Mutual Funds ,
Professional License ,
Retail Investors ,
Tel Aviv Stock Exchange (TASE)
The Bank of Israel is proposing to regulate the provision of services to licensed cryptocurrency service providers (i.e., exchange platforms). The purpose of the proposal is to ensure banks are not able to sweepingly refuse...more
1/11/2022
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Banking Sector ,
Banks ,
Cryptocurrency ,
Financial Action Task Force ,
Israel ,
Payment Systems ,
Permits ,
Proposed Amendments ,
Proposed Legislation ,
Reporting Requirements ,
Risk Assessment ,
Tax Certificates
While Israel’s banks are in no hurry to accept the blockchain industry and are avidly trying to keep their distance from cryptocurrencies, this is not the case elsewhere. Recently, the major global securities, derivatives and...more