A large number of expat Israelis and diaspora Jews are considering returning or making Aliyah to Israel in the wake of the Israel-Hamas war. These two groups are entitled to a basket of absorption and social security benefits from the Ministry of Immigrant Absorption, the National Insurance Institute, the Israel Tax Authority, and other authorities. It is important for would-be immigrants to be aware of these benefits and to include them in their considerations.
For Israeli private companies aiming to secure investments, it is crucial to have a solid understanding of the obligations set forth by the Israeli Securities Law. Chief among these is the prohibition on conducting public offerings of securities without a proper prospectus, which, if violated, could lead to legal scrutiny.
Categories: Capital Markets
People injured by hostile actions in Israel and their families, as well as the families of those who were kidnapped, are entitled to benefits and continuing support from the National Insurance Institute, including medical treatments, recovery, rehabilitation, and financial support for loss of income and damages.
The effects of war on international contracts and agreements is considerable, yet the law in Israel does not automatically regard a state of war as one. It is therefore crucial to address such issues in the contract itself.
Employers in Israel must be aware of their rights and obligations vis-à-vis Israel’s National Insurance Institute in order to avoid overpayments, legal risks, and fines.
Sick days, a social security benefit, or a disability pension from the pension fund? Employees have several options for receiving wages during at-risk pregnancies when they are unable to work, each of which has its own advantages and disadvantages.
AI technologies have enormous potential. However, using AI technologies in the workplace may result in a variety of exposures. It is important to understand how best to use AI, as well as when never to use it.
Dr. Zvi Gabbay, the head of our Capital Markets Department, was interviewed by Tony Petrov, the chief legal officer at Sumsub. The two discussed financial regulation, the crypto industry, and jurisdictional settings. Topics also included FTX’s collapse, the SEC charges against Coinbase, and the future of crypto regulation.
Categories: Capital Markets
Investment funds usually make transfers of units in a fund to third parties contingent upon the approval of the fund managers. This practice may make it difficult for Israeli institutional investors to prove ownership and absolute control over units, as required by the regulations.
The Director General’s position is that the Economic Competition Law also applies to a merger between an Israeli entity and a foreign entity that has not been registered as such in Israel if: (a) the foreign entity holds more than 25% of an Israeli company, or (b) more than 25% of the foreign entity’s shares are held by an Israeli company, or (c) the foreign entity has a “place of business” in Israel.