This month, an interim report on artificial intelligence in the financial sector was published for public comment. The report was written by the Ministries of Justice and Treasury, the Competition Authority, the Securities...more
11/25/2024
/ Artificial Intelligence ,
Cybersecurity ,
Discrimination ,
Financial Institutions ,
Financial Regulatory Agencies ,
Financial Services Industry ,
Fraud ,
Information Reports ,
Insurance Industry ,
Investment Adviser ,
Israel ,
Portfolio Managers ,
Risk Assessment ,
Risk Mitigation ,
Underwriting
Most of the focus over the past year has been on the events of October 7 and the ensuing war. Not only the citizens, but also the legislative and regulatory authorities in Israel have been devoting most of their time to deal...more
9/18/2024
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Bank of Israel ,
Capital Markets ,
Corporate Governance ,
FATF ,
Financial Institutions ,
Israel ,
New Regulations ,
Payment Systems ,
Privacy Laws ,
Risk Management
In corporate law, it is customary to identify three organs through which a business company operates: the shareholders, the company’s management, and the board of directors. While the duties and rules by which shareholders...more
Israel’s financial regulatory authorities are regulating virtual currencies (cryptographic currencies) due to their steady increase in use. For example, the Capital Market, Insurance and Savings Authority (CMISA) issued an...more
At the end of March 2022, the Israeli Ministry of Justice published a draft amendment to the Prohibition on Money Laundering Law. The proposed amendment seeks to grant supervisory authority to the Israel Money Laundering and...more
The continued growth of the cryptocurrency and NFT sector is making many people nervous. Among them is Israeli Finance Minister Avigdor Lieberman, who recently publicly addressed his concerns. The main concern is the...more
The global stock index provider Morgan Stanley Capital International (MSCI), one of the largest stock index providers in the world, announced recently that it opened a consultancy process with regard to Israel’s possible...more
A few years ago, NFTs were the subject of interest only for tech geeks and the cryptocurrency community. It seems, however, that nowadays, NFTs are almost everywhere. For those who don’t yet know, NFTs (non-fungible tokens)...more
1/4/2022
/ Anti-Money Laundering ,
Artists ,
Avatar ,
Blockchain ,
Capital Markets ,
Consumer Protection Laws ,
Counterfeiting ,
Cryptocurrency ,
Decentralized Finance (DeFi) ,
Digital Assets ,
E-Commerce ,
Financial Institutions ,
Infringement ,
Intellectual Property Protection ,
Legislative Agendas ,
Nike ,
Non-Fungible Tokens (NFTs) ,
Popular ,
Regulatory Agenda ,
Regulatory Oversight ,
Royalties
2020 was a particularly challenging year due to the coronavirus pandemic. For corporate risk managers and compliance officers, the year posed additional challenges. Organizations had to contend with an alarming rise in...more
4/26/2021
/ Chief Compliance Officers ,
Compliance ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Corporate Social Responsibility ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
General Data Protection Regulation (GDPR) ,
Privacy Laws ,
Publicly-Traded Companies ,
Risk Management ,
Whistleblower Protection Policies ,
Workplace Safety
In recent months, the IPO market has reached a boil. It seems anyone with any kind of business is dreaming about joining the Israeli stock market. Lets look at the figures. From 2008 (the outbreak of the subprime crisis)...more
Much has been written about instability in the corporate world brought on by COVID-19. Alongside the health risks caused by the virus, it has also resulted in a serious economic crisis at every level. Parallel to these...more
Crowdfunding began as a fundraising model used by entrepreneurs or artists to fund projects. Investors gave money as a donation or with the expectation of receiving the final product. Now, many companies are using...more
In June, two seemingly unrelated events took place: during the first week of June the SEC filed suit in federal court against the company Kik Interactive, which raised about 100 million dollars in the summer of 2017 through...more
7/9/2019
/ Asset Seizure ,
Blockchain ,
Corporate Fines ,
Crowdfunding ,
Cryptocurrency ,
Digital Currency ,
Enforcement Actions ,
Facebook ,
Innovation ,
Payment Tokens ,
Prospectus ,
Securities ,
Securities and Exchange Commission (SEC) ,
Securities Tokens ,
Unregistered Securities