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Efrat Cohen

Electra City Tower
58 Harakevet St.
Tel Aviv
6777016

Efrat Cohen

Efrat Cohen is a senior partner in our firm’s Regulation Department.

 

Efrat has extensive experience in regulatory matters across a variety of industries, with a particular focus on the financial, pharmaceutical, and healthcare sectors. Efrat represents shareholders, large companies, and business organizations in complex regulatory proceedings and provides ongoing counsel to management teams and boards of directors on strategic issues and crisis management.

 

In her practice, Efrat provides advice on regulatory and business issues, including assisting with structural changes, the opening of markets to competition, offering legal opinions and formulating positions on emerging regulations, implementing new regulations within organizations, advising on policy development, and drafting internal procedures. She also supports transactions and assists with the obtaining of regulatory approvals, represents clients before public and governmental committees, participates in Knesset committee discussions, and represents clients in hearings, enforcement actions, financial penalties, and administrative petitions.

 

Prior to joining the firm, Efrat served as the Head of the Regulatory and Public Policy Division at the Legal Division of Bank Leumi, alongside holding other senior positions at the bank. Before that, she served as the CEO of Pharma Israel (the Association of Multinational Pharmaceutical Companies) and headed the Regulatory Department at a leading and well-known law firm in Israel.

Education:


The Hebrew University of Jerusalem, LL.B., 2002

The Hebrew University of Jerusalem, MBA, 2004

Tel Aviv University in collaboration with UC Berkeley, LL.M. in Commercial Law, 2007

Admission:


Israel Bar Association, 2004

Insights & News - Efrat Cohen:


January 18, 2026

Bank of Israel Expands “Identification Code” in Payment Systems: Latest Measure to Increase Competition and Open Up the Financial Market

The Bank of Israel recently issued its decision to expand the identification code used by banking corporations and nonbank entities to connect to payment systems from two digits to three digits. While ostensibly only a technical change, in practice it is a significant step that will enable financial entities to hold accounts and transfer funds for customers directly and independently, without relying on existing banks.
January 11, 2026

2025 Year-End Review: Increasing Competition in the Israeli Banking Market and Tightening Supervision

In 2025, the Bank of Israel, the Ministry of Finance, and the Israel Securities Authority accelerated measures to significantly increase competition in the banking system. These included regulatory and legislative amendments, some of which are expected to come into effect in 2026.

January 8, 2026

New Bank of Israel Directive: Banks May Restrict Accounts of Sanctioned Israelis

On December 30, 2025, the Supervisor of Banks published Directive 412, aimed at instructing banking corporations on providing services to customers subject to international sanctions.

See all news updates from Efrat Cohen >

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