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January 03, 2019

Client Update: New prohibition on offering to Israeli investors trading services of securities traded on foreign exchanges without a permit from the Israel Securities Authority.

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Partner, Yair Shiloni, and Adv. Netanel Kahane, in a client update regarding a publication by the Israel Securities Authority with respect to the terms and conditions of the permit for the offering of securities trading services through a system that operates without a stock exchange license by virtue of the Israeli Securities Law, 5728-1968.

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Client Update: New prohibition on offering to Israeli investors trading services of securities traded on foreign exchanges without a permit from the Israel Securities Authority.

For further reading:

KEY CONTACTS

Yair Shiloni

Netanel Kahane

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RELATED NEWS & PUBLICATIONS

Extensive Amendment to the Companies Regulations (Reliefs for Israeli Public Companies Listed on Stock Exchanges Outside of Israel), 5760-2000

Gornitzky represented the underwriters in Nayax’s U.S. $93.6 million follow-on and secondary public offering on Nasdaq

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