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Client Updates
 

Jan 22, 2014

Regulation of Securities in Israel - Client Update

HFN has issued an update which summarizes the ISA's publications regarding the regulation of securities in Israel. Some of these publications are as a result of preliminary requests made to the ISA by HFN.

The client update discusses the following topics : circumstances in which advertising would be considered as an offer to the public; protection of "safe harbor" against insider trading; marketing investments in foreign funds to the Israeli public; offering shares in a cooperative bank and the requirement to publish a prospectus; preliminary guidance relating to meetings in Israel concerning overseas portfolio management; the proposed amendments to the Joint Investment Trust Law; a mutual fund designed for significant investors; publications of analysts' reports in Israel for the clients of an international group, etc

For more details concerning this update, please click here (Hebrew).

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