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Client Updates

Oct 22, 2013

Financial Services Client Update

We are pleased to send you our latest Financial Services Client Update, highlighting some of the recent developments in Israel in the Banking and Finance Sector.

The latest news, hot off the press, is that after a lengthy international search for a replacement for Stanley Fischer as Governor of the Bank of Israel, the Prime Minister and the Minister of Finance have "come back home" and appointed as the new Governor of the Bank of Israel Karnit Flug, who was Professor Fischer's deputy. At a time when regulation of the Banking and Finance sector is under major scrutiny, it will be interesting to see how this new appointment affects the Banking and Finance sector generally in the coming months.

We look forward to keeping you informed.

Please click here to read the Client Update (English)