Med-Tech Tel Aviv

The “MedTech Tel Aviv” is a tailor-made event for Startups who wish to examine ways to approach the US market. For registraion, click here>>

The Future of Trading – Deep Dive Into Equity Derivatives

What used to be the sole property of a few, has recently become a basic product for any trader in equities. In the past, trading in futures was utilized primarily by speculators or traders seeking sophisticated hedging, however, in recent times, future trading is becoming a mainstream trading tool of the capital markets. The strongest […]

A World of Opportunities

If 2018 was the year of the ICO, 2019 is shaping up to be the year of the security and asset-based tokens. The tokenisation of assets of all sorts has the potential to revolutionize trillions in capital, and to usher in a new chapter in the evolution of the crypto industry. Just as we did […]

New OECD Proposal for Taxing Digital Economy – The Israeli Tax Angle

On October 9, 2019, the OECD released a Public Consultation Document, the Secretariat Proposal for a Unified Approach under Pillar One (the “Unified Approach”). If implemented, the Unified Approach would bring significant changes to international taxation rights and would impact many multinational companies with online activities, by providing market countries with taxing rights.   Several countries […]

A New Tax Reform in Israel

The Israeli Parliament (the Knesset) approved a significant tax reform, which is expected to influence multinationals, other companies and individuals operating in Israel, as well as trusts. For the full update, click here.

Changes in Derivative Agreements as of March 2017

As of March 2017, as part of regulatory changes in Europe and the United States, a requirement to carry out transfers to limit exposure at a daily rate in respect of transactions in non-negotiable derivatives (OTC) that do not settle in central clearing will take effect. To read the full client update (Hebrew) – click here.

New Tender for Five Government-Sponsored Innovation Labs in Israel

The Israeli Innovation Authority (“IIA”) is calling “Qualified” Multinationals and Israeli corporations to submit bid proposals to form and operate five Innovation Labs in Israel in their field of expertise and interest, with government support, under a three year franchise. The deadline for bid proposals is June 6, 2017. To read the full update – click here

Environmental Regulatory Forum | Newsletter January 2017

We are pleased to send you an update summarizing the events in the field of environmental law in the business and industry sectors for 2016. The update presents the main innovations that took place in the area of legislation and environmental policy in the past year, as well as a central ruling in this area. […]

Technology & Regulation #38

The beginning of 2017 has been marked by a variety of regulatory and compliance developments in technology compliance, digital advertising, big data, content, privacy and information security regulations. In this edition of the Technology & Regulation Client Update, we have concentrated on updating you regarding some of the key developments in these areas, which apply […]

Financing Mass Loans for Businesses – The Passive Model

Recently, the Israel Securities Authority published a regulation proposal to allow the financing of the masses exempt from a prospectus in the area of ​​P2B loans. Advertising is another step in trying to regulate mass funding. To read the full client update (Hebrew) – click here.

Most Significant Trends In The Securities Field – 2016

As 2016 comes to an end, we would like to present you with an annual summary of the changes, updates and trends of the past year, which are characterized by the development of specialized technologies in the field of financial services, the appearance of classic wealth management and banking services in the digital world, as […]

Disclosure of Projected Cash Flows

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 […]

Technology & Regulation #39

We are pleased to introduce you to our February edition of the Technology & Regulation Client Update, which includes a variety of industry and regulatory developments in the fields of technology compliance, digital advertising, content and information privacy regulations. Amongst other things, you can read about: The growing concerns over lack of transparency and poor standardization […]

Herzog Fox & Neeman Welcomes New Partner | Iris Wineberger

We are delighted to announce that, as of 1 January, 2017, Adv. Iris Weinberger has joined Herzog Fox & Neeman as a Partner to head our VAT, Indirect Taxes, Customs & International Trade Department. Adv. Weinberger specializes in the field of VAT and Customs, and until recently served as the Senior Deputy General Counsel at […]

Pharma Compliance Programs

The 24th Amendment of the Pharmacists Ordinance [New Version], 1981, effective as of October 2016, introduced a major reform in the enforcement mechanisms of the pharmaceutical regulation. For the first time, office holders in pharmaceutical companies are exposed to personal criminal liability if they in supervision and prevention of violations, and the companies themselves are exposed to […]

Client Update | ISA Update to Reportable Credit Events

On March 19, 2017 the Israel Securities Authority published an update to its legal opinion regarding reportable credit events. The application of such update is of great importance given the approaching deadline for the publication of the annual reports for the year 2016. To read the full update (Hebrew) – click here

Client Update | Technology & Regulation #40

We are pleased to introduce you to our March edition of the Technology & Regulation Client Update. The past month has been marked by a variety of regulatory and compliance developments in technology compliance, digital advertising, big data, content, privacy and information security regulations. In this edition of our Client Update, we have concentrated on […]

Client Update | New Draft Guidelines Regarding Industrial Wastewater Monitoring

We would like to call your attention to the new draft guidelines regarding industrial wastewater monitoring published recently for public comments by the Ministry of Environmental Protection, the Ministry of Health and the Water Authority (“Wastewater Monitoring Unified Policy”). To read thr full update (Hebrew) – click here

Client Update | Small Corporations are now entitled to publish semiannual reports

On March 30, 2017 a new amendment to the Securities Regulations (Periodic and Immediate Reports), 1970 was promulgated in the Official Gazette (the “Amendment“). The Amendment provides that a Small Corporation, the bonds of which are currently not held by the public, may publish semiannual reports instead of publishing reports on a quarterly basis. To […]

Client Update | Morality of Payments to Suppliers Law, 2017

On March 30, 2017 (the “Commencement Date”), the Morality of Payments to Suppliers Law (the “Law”) was enacted. The purpose of the Law is to determine the maximum periods for payments to be made to suppliers for the sale of goods, provision of services or performance of work. The Law, which dramatically changes the morality of payments […]

Client Update Protection of Privacy Regulations (Information Security), 2017

At the end of March, 2017, the Constitution, Law and Justice Committee of the Knesset approved the Privacy Protection Regulations (Information Security), 2017 (the “Regulations”), which will apply to all entities in Israel that manage or hold a database, as defined in the Protection of Privacy Law, 1981 (the “Law”). To read the full update […]

Special Client Update | GDPR Compliance Playbook

In May next year, the new European data protection reform (the General Data Protection Regulation, or “GDPR”) will kick off and will dramatically change the current EU data protection regulatory framework. You can read in our previous special client update about the main changes set out in the GDPR. To read the full update – click here

Client Update | Technology & Regulation #41

We are pleased to introduce you to our April edition of the Technology & Regulation Client Update, which includes a variety of industry and regulatory developments in the fields of technology compliance, digital advertising, privacy protection and content. To read the full update – click here