Avihai Tal

Adv. Avihai Tal specializes in financial regulation, helping financial institutions, businesses, and fintech ventures navigate a complex and evolving regulatory environment.

Avihai advises clients on developing and launching new products, services, and business models, as well as on licensing, regulatory, and compliance proceedings before the Israel Securities Authority and the Capital Market, Insurance and Savings Authority.

His clients include investment advisers and marketers, portfolio managers, broker-dealers, trading platform, TASE members, credit providers, and pension advisers and agents.

Avihai advises payment companies, acquiring solution providers, and fintech ventures on matters arising under Israel’s Payment Services Law, including the classification of activities as payment services, the applicability of licensing requirements and exemptions, and licensing procedures before the Israel Securities Authority. He also advises on the design of internal compliance systems and on ensuring that clients’ procedures and engagements meet the obligations applicable to payment service providers.

In addition, Avihai advises on matters relating to Israel’s Securities Law, including the offering and sale of securities and statutory exemptions from the obligation to publish a prospectus. He counsels on offerings of units by foreign funds in Israel, territorial applicability, and the application of Israeli law to foreign entities offering securities to Israeli investors.

In the fintech sector, Avihai advises digital currency and blockchain ventures on the implications of local and international regulation, including in connection with issuances of digital currencies and stablecoins, decentralized finance platforms (DeFi), centralized and decentralized exchanges (CEX and DEX), and decentralized autonomous organizations (DAOs).

Avihai is a member of the Israel Bar Association’s Crypto Committee.

Avihai completed his internship at Barnea.