Our latest news, insights & events
Dear Friends and Clients, On November 5, 2020, the Ministry of Finance published for public comments a Memorandum of Law:

Draft Law for Regulation of Broker Dealer Activity in Israel
Dear Clients, Colleagues and Friends, Last week (1.11.2020), Judge Orit Weinstein of the Haifa District Court rendered its decision in

Dramatic Change in the Taxation of Share Redemptions – a New Israeli District Court Ruling
Issuance of draft exemption from the application of the Payment Services Law to payment instruments such as gift cards and

Payment Services Law – Draft Exemption Regulations
Financial Services Regulation| Extension of the Regulations regarding Exemption From Licensing requirements for the Provision of Credit and Financial Asset

Extension of the Regulations regarding Exemption From Licensing requirements for the Provision of Credit and Financial Asset Services
Dear Clients and Friends, We would like to draw your attention that on October 29, 2020, the Israeli Privacy Protection

Client Update – Appointment of a Data Protection Officer
Dear Clients and Colleagues, Following the execution of the Abraham Accords Peace agreement between the United Arab Emirates (“UAE”) and

Bank of Israel Circular on banking transactions with the UAE
The Israel Securities Authority recently announced that its proposal to allow public companies to report in English was approved by

Public companies will be allowed to Publish Reports in English
Dear Clients, Colleagues and Friends, Last week, the Jerusalem District Court rendered its decision in the Barazani case, which dealt

New Israeli District Court Ruling on Intercompany Financing (Capital Note, Intercompany Loan)
Dear Clients and Colleagues, On October 15, 2020, the Israeli government amended its Public Health Order (New Coronavirus) (Home Isolation

Update on green countries and new procedure for business visitors from green countries
Dear Clients, Colleagues and Friends, The Income Tax Regulations (Rules for Calculation of Tax in connection with the Holding and

Proposed Amendments to Petroleum Partnership Regulations
Dear Clients and Colleagues, Following the restrictions that were imposed as of September 25, 2020, which prevented the opening and



