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Jul 10, 2013

Relief Regarding the Duty to Adopt a Compensation Policy

The Department of Justice recently published a draft for public comment regarding proposed amendments to the Companies Regulations (Relief Regarding the Duty to Adopt a Compensation Policy), 2013 and the Companies Regulations (Relief in Transactions with Interested Parties), 2000. The purpose of the proposed amendments is to grant relief with regard to the duty to adopt a compensation policy pursuant to the provisions of Amendment number 20 to the Companies Law, and its approval process.

To read the update, please click here (Hebrew)