Our latest news, insights & events
As we approach the beginning of a new year, we would like to present several recent court decisions that have

Client Update | Year-End Update and Looking Ahead to the New Year
Dear Association Members, Clients, and Colleagues, Over the past week, several legislative and regulatory updates relevant to international trade, exports,

Client Update – July 2026: New Developments in International Trade, Export Controls and Regulation
On July 28, 2026, an Israeli District Court sent a sharp warning to multinational groups, private equity funds, and other

Israeli Court Takes Aim at Leveraged Acquisition Structures – Francisco Partners Structure Deemed an “Artificial Transaction”
On July 28, 2026, the Israeli Parliament (the Knesset) approved an amendment to the Israeli Joint Investments in Trust Law,

Approved: A New Framework for “Alternative” Mutual Funds
It is that time of year again when many Israeli employees become entitled to a somewhat unusual employment benefit known

What Do You Know About Israeli Employment Law? Recuperation Pay (Dmei Havra’ah)
We wish to bring to your attention that on June 29, 2026, the Israeli Ministry of Finance published for public

Draft Bill for the Supervision of Financial Services (Issuance of Stablecoins) – Published for Public Comments
We wish to bring to your attention that on June 7, 2026, the Israel Securities Authority (the “Authority”) published a

Israel Securities Authority Publishes Directive for Payment Companies Regarding the Implementation of an Open Banking Standard
On June 10, 2026, the Israel Securities Authority (ISA) published a draft directive for payment companies on management of money

Draft Directive for Payment Companies on Management of Money Laundering, Terror Financing and Proliferation Financing Risks
Herzog Fox & Neeman has brought Claude Enterprise, Anthropic’s frontier AI platform, into the firm. Herzog has always been early

Herzog Onboards Claude Enterprise
Further to our client updates dated April 7, 2025, and August 18, 2025, we would like to update you on

Launch of U.S. Tariff Refund Mechanism
On May 11, 2026, the Supervision of Financial Services (Regulated Financial Services) Law (Amendment No. 18), 2026 (the “Proposed Amendment”)



