Media Centre

Disclosure of Projected Cash Flows

8 February 2017

On February 5, 2017, the Israel Securities Authority (“ISA“) issued an update to its legal position regarding the disclosure of projected cash flows. The update includes the ISA’s interpretation to questions which concern the boards of directors of many bond companies when assessing the existence of warning signs in a company’s financial statements.”

To read the full update (Hebrew) – click here

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