Financial Institutions
Herzog Fox & Neeman has vast experience advising foreign issuers, financial institutions and securities firms engaged in marketing and offering structured products in Israel, including regulatory and tax advice. The firm has acted in the listing of Israeli ETFs on the TASE, and currently advises a number of Israeli ETF issuers.
Herzog Fox & Neeman regularly advises many foreign financial institutions on the legal, regulatory and tax implications of entering into OTC Derivatives and other financial products with Israeli counterparties, as well as providing drafting and negotiating input for both foreign financial institutions and Israeli companies entering into such transactions. In addition to advising on industry standard derivatives documentation, Herzog Fox & Neeman has drafted specific contractual documentation for OTC Derivatives on behalf of local clients.
Herzog Fox & Neeman has provided legal opinions to the vast majority of foreign financial institutions that do business with Israel in relation to the enforceability of ISDA documentation, as well as provided drafting and negotiating input for both foreign financial institutions and Israeli companies in relation to the ISDA documentation. The firm was also actively involved in giving input and recommendations to the government in connection with the recent enactment of netting and collateral legislation and other financial markets related legislation.
We want to thank you all for tackling the challenges of 2020 with us and hope that in 2021 we

Have a Happy and Healthy New Year 2021
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
We wish to update you that on December 31, 2018, the Draft Payment Services Law, 5778-2018, was approved by the

Client Update | Revolution in the Field of Payment Services: Payment Services Law Approved in Fast-Track Legislation
Alan Sacks
Partner
Banking & Finance, Banking Regulation, Corporate, Corporate Finance, Derivatives & Structured Products, Insolvency & Restructuring, Mergers & Acquisitions
Mark Phillips
Partner
Banking & Finance, Corporate, Corporate Finance, Mergers & Acquisitions, Project Finance
Eliran Doyev
Partner
Banking & Finance, Planning & Construction, Purchasing Groups, Real Estate, Urban Renewal
Irit Roth
Partner
Banking & Finance, Banking Regulation, Corporate Finance, Derivatives & Structured Products, Financial Regulation
Natalie Jacobs
Partner
Banking & Finance, Banking Regulation, Corporate Finance, Derivatives & Structured Products
Ron Ben-Menachem
Partner
Capital Markets & Securities, Corporate, Corporate Finance, International Trade & National Security, Mergers & Acquisitions, Privatisation & Restructuring
Adina Rabinowicz
Associate
Banking & Finance, Banking Regulation, Corporate, Corporate Finance, Mergers & Acquisitions
Itay Ben Eliyahu
Associate
Banking & Finance, Banking Regulation, Corporate Finance, Insolvency & Restructuring
Zecharia (Zac) Rechtschaffen
Associate
Capital Markets & Securities, Corporate, Financial Regulation, Fintech, Internet & E-commerce, Privatisation & Restructuring