A precedent-setting ruling has been issued in the case of Bizi Finance Ltd., in which the court was required to determine whether a promissory note signed electronically could be enforced through the enforcement and...more
Financial Information Service Order – Postponement Order Due to requests from licensed credit providers and licensed operators of credit brokerage system, who are deemed as information sources pursuant to the Financial...more
Recently, the Israel Securities Authority (ISA) published draft rules regulating entities’ notice of exemption from the obligation to obtain a license to provide payment or payment initiation services....more
1/14/2025
/ Compliance ,
Financial Institutions ,
Financial Services Industry ,
FinTech ,
Israel ,
Israel Securities Authority (ISA) ,
Payment Services Directive ,
Policy Drafting ,
Proposed Rules ,
Regulatory Oversight ,
Regulatory Requirements ,
Reporting Requirements
“A small country surrounded by enemies” is a well-known Israeli proverb. This state of mind has an impact on Israeli policy regarding foreign direct investments (FDI). While FDI are encouraged by the State of Israel,...more