On August 6, 2025, the interministerial team to increase competition in the retail banking sector (established by Israel’s Minister of Finance in collaboration with the Governor of the Bank of Israel) published its...more
8/11/2025
/ Bank of Israel ,
Banking Sector ,
Competition ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Israel ,
Open Banking ,
Payment Systems ,
Regulatory Oversight ,
Regulatory Requirements
Since October 2023, Israel has faced a multi-frontal conflict, reaching its peak with the recent escalation with Iran. As the conflict nears its end and major threats diminish, Israel appears to be standing at the threshold...more
As Operation Rising Lion continues, government ministries and authorities are continuing to announce regulatory reliefs in various areas. ...more
We are living in an era of revolutionary medical innovation, particularly in the research and development of medicinal products. Diseases that were once considered incurable, are now treated with drugs, vaccines and...more
5/1/2025
/ Clinical Trials ,
Drug Pricing ,
Expedited Approval Process ,
Generic Drugs ,
Israel ,
Life Sciences ,
Ministry of Health ,
Pharmaceutical Industry ,
Prescription Drugs ,
Registration Requirement ,
Regulatory Authority ,
Regulatory Reform
Last week, the Bank of Israel published a preliminary design of the central bank’s Digital Shekel system. In a detailed document, holding more than 100 pages, the Bank of Israel presents guiding principles and a work plan for...more