The Israel Securities Authority has published several additional revisions to the Israeli money market reform since the Knesset approved legislative amendments designed to promote competition in the money market, and since the…
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/ Business Organizations, Finance & Banking, Securities Law
The Israeli Privacy Protection Authority recently published a binding directive addressing the board of director’s responsibilities for the fulfillment of a company’s obligations prescribed in the Privacy Protection Regulations…
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/ Business Organizations, Privacy
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…
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/ Finance & Banking, Privacy, Securities Law
Recently, the Consumer Protection and Fair-Trade Authority issued a position paper regarding the disclosure obligations businesses must meet when making changes to product characteristics or components. According to the position…
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/ Antitrust & Trade Regulation, Consumer Protection, International Law & Trade
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…
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/ Business Organizations, Finance & Banking, Consumer Protection, Securities Law
Israel (like other countries) provides support to NGOs in the form of tax benefits granted subject to the fulfillment of defined criteria and conditions. The purpose of these benefits is to support the social and public…
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/ Nonprofit Law, Taxation
The decision by a U.S. court to continue deliberating the major lawsuit filed by several visual artists against Generative Artificial Intelligence platforms could call into question how these platforms can operate without…
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/ Art, Entertainment, & Sports Law, Intellectual Property, Science, Computers, & Technology
The field of women’s health technology (FemTech) is rapidly evolving, and Israel is considered one of the global leaders, ranking fourth worldwide in the number of FemTech companies. Additionally, Israel ranks second in global…
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/ Health, Science, Computers, & Technology
The emerging risks in the financial services market and the inception of the Regulation of Payment Services and Payment Initiation Law prompted the Capital Market, Insurance and Savings Authority (CMISA) to amend a series of…
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/ Finance & Banking, Insurance, Securities Law
The international Financial Action Task Force (FATF) recently issued two announcements updating the list of countries and jurisdictions at high risk of money laundering, terrorist financing, and proliferation financing, and…
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/ Finance & Banking, International Law & Trade
New immigrants to Israel who purchase a first residence will pay significantly lower purchase tax rates than the tax payable according to the current benefit, after the Knesset Finance Committee recently approved an amendment to…
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/ Immigration Law, Real Estate - Residential, Taxation
The Knesset recently promulgated an amendment to the Prevention of Sexual Harassment Law. This is an important legislative amendment protecting a large group of employees who are largely at the bottom of the organizational…
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/ Labor & Employment Law
As part of its actions to increase competition in the payments market, and alongside the entry into force of the Regulation of Payment Services and Payment Initiation Law, 2023, the Bank of Israel has opened access to supervised…
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/ Finance & Banking
In merger and acquisition (M&A) transactions, the earn-out mechanism serves as a strategic tool for conditional payment based on the prospective performance of the acquired entity. This mechanism is particularly prevalent in…
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/ Business Organizations, Commercial Law & Contracts, Mergers & Acquisitions
Recently there has been a significant increase in administrative enforcement proceedings, warning letters and motions to certify class actions in relation to the Processing of Packaging Law. The law, enacted back in 2011,…
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/ Environmental Law, International Law & Trade
