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Relief from Insurance Requirements for Portfolio Managers and Investment Advisors

The Israel Securities Authority (ISA) has announced that, temporarily, it will not initiate or recommend taking enforcement measures against corporations licensed in portfolio management, investment advising, and investment...more

Regulation of Broker-Dealer Activity

Earlier this month, the Israel Securities Authority published a legislative memorandum aimed at regulating the broker dealer field in Israel. While the activity of most financial intermediaries is regulated and supervised...more

New Investment Products: Hedged Mutual Funds and Hedged Mutual Funds of Funds

With the goal of expanding the public’s investment options, the Israel Securities Authority published in February 2020 a first draft of a document for public comments. The document details the core characteristics of two new...more

Banks Required to Share Information about Clients with Other Financial Bodies

As part of a broad change led by the Ministry of Finance to increase competition in the banking and financial services market, a memorandum for the Provision of Financial Information Services was recently published for public...more

Israel: Updates for Portfolio Managers and Investment Advisors and Marketers in Light of the Coronavirus Crisis

In light of the coronavirus pandemic, the Israel Securities Authority (ISA) recently released a number of updates and reliefs on the obligations that apply to portfolio managers and investment advisors and marketers....more

Hedged Mutual Funds

As part of the Israel Securities Authority’s (ISA) move to make investing in hedge funds more accessible to the public and to develop mechanisms for their oversight, the ISA published in February 2020 a document for public...more

Israel Securities Authority Demands Being Granted Authority to Supervise Underwriters and Distributors

The Israel Securities Authority (ISA) recently published a proposal for amending the Securities Law as to the supervision of underwriters and distributors. The ISA aims to add a section to the law that would authorize it to...more

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