Law Firm ILN-telligence Podcast | Episode 34: Gil Rosen | Joseph Shem Tov & Co. | Israel
Following months of delays and intense debate in Congress, President Biden signed H.R. 815 into law on April 24, 2024, which made headlines for funding $95 billion in military aid to Ukraine, Israel, and Taiwan, along with...more
On April 24, 2024, President Biden signed into law H.R. 815, an emergency appropriations package billed as authorizing $95 billion in foreign aid to Ukraine and Israel (the Act). While the Ukraine and Israel aid provisions...more
Effective choice of court clauses (also known as jurisdiction clauses) are central to finance agreements. Reliable, certain process to enforce contractual obligations is essential for cross-border trade and finance...more
The executive order signed by United States President Joseph Biden in February 2024 states that the violence being committed by Israeli settlers has reached intolerable levels; poses a serious threat to peace, security, and...more
Recently, we have been witnessing a trend among institutional investors of preferring investment funds that take ESG (environmental, social and governance) considerations into account. ESG considerations lead to investments...more
During 2023, privacy protection and artificial intelligence regulation continued apace and their implications continued to be a major focus in Israel and around the world. In Israel, this was reflected in a number of...more
In this article, we provide an update on the highly significant Hamas attack on Israel, and its potential wider economic and geopolitical impact on the Middle East and beyond. Israel suffered the deadliest day in its...more
In light of the European Union Commission’s examination to renew the adequacy status granted to Israel in 2011, the Israeli Ministry of Justice has promulgated new privacy protection regulations, called “Provisions Regarding...more
Since the internet became ubiquitous during the 1990s, only a handful of technologies have been developed that are so far-reaching they put ethical and legal questions to the test. Among these select few is artificial...more
Greece’s privacy protection authority recently announced it was fining Intellexa, an Israeli cyber tech company, EUR 50,000. The Hellenic Data Protection Authority (HDPA) imposed the fine as part of an investigation it...more
In order to satisfy the European Commission that Israel will continue to protect data about Europeans according to the European standards prescribed in the European General Data Protection Regulation (GDPR) as the data enters...more
On July 13, 2022, the European Parliament and the European Council agreed on a new regulation concerning “foreign subsidiaries that distort the European market.” Their agreement is the final stage prior to voting on the...more
Are you looking to hire a star engineer who is a foreign national? Are you considering raising capital from a foreign venture capital firm or other foreign investor? Are you interested in sourcing components or creating...more
Talks between the U.S. and Iran to revitalize the nuclear deal may have stalled but they are far from dead. There is still optimism that the agreement to limit Iran’s ability to make weapons-grade uranium, in return for a...more
Institutional investors, corporations, exchanges, individuals, and crypto miners all have strong demand for crypto custody services, as provided by special market participants. These services intend to safeguard customers’...more
The ESG Index (ESGI) represents the three key spheres that encompass responsible investments (or “green investments”)—Environmental, Social, and Governance. The responsible investments market has been rapidly gaining momentum...more
The White House has announced it is imposing a new round of “severe and immediate sanctions” on Russia. The announcement states the United States is taking this action together with its partners in the G7 and the European...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
By October, companies in the European Union employing at least 50 employees will be required to operate an internal reporting system for reporting misconduct that may indicate compliance violations. Furthermore, all companies...more
As 2020 comes to a close, we take this opportunity to look back at some of the more significant developments that we discussed in the blog this year. The first is the EU Court of Justice’s Schrems II decision, finding that...more
Israel’s Privacy Protection Authority recently announced that Privacy Shield can no longer be relied on for data transfers between Israel and the United States. Israel did not have a direct Privacy Shield arrangement with the...more
The use of open source software is very common among developers. The concept behind open source is to allow access to many developers and promote collaboration between them. A recent example is the website for the European...more
The Cayman Islands is one of the most preferred jurisdictions of the Israeli private investment funds industry. Israeli fund sponsors and experienced fund investors appreciate the Cayman Islands’ global status as a preferred...more
China - Expedited Permit Processing for Highly-Skilled Foreign Nationals in Shanghai and Coronavirus Related Travel Restrictions - Effective immediately, certain Category A (highly-skilled) applicants seeking permission to...more
Recent developments regarding immigration across the globe include changes to temporary and permanent resident application procedures in Canada, an increase in the minimum salary for S Pass applicants in Singapore, and the...more