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Blog
/ Regulation
The Israeli Payment Market Is Lagging Behind
July 10, 2019
/ by
Anat Even-Chen
The payment market in Israel and around the world is marching toward revolution. Still, Israel lags far behind compared to the rest of the world, and the rate of adopting innovation in the field of payment services is very slow.
See full post >
The Law of Facebook Is Not the Law of Small Companies
July 4, 2019
/ by
Zvi Gabbay
On June, two seemingly unrelated events took place: the SEC filed suit in federal court against the company Kik Interactive and Facebook announced the expected launch of a new digital currency – the Libra. What’s the connections ?
See full post >
Eight Basic Terms Relating to Antitrust and Competition
March 13, 2019
/ by
Sagi Gross
When reaching business decisions, nearly every manager must consider issues relating to restrictive trade practices. Click to read basic terms that every business should know about the antitrust law.
See full post >
What You Always Wanted to Know About Fintech Regulation, But Were Afraid to Ask…
December 31, 2018
/ by
Zvi Gabbay
For Fintech companies looking or hoping to work in Israel, the regulatory developments could either serve as an opportunity or as a barrier, and should be carefully considered. Click to read an overview of the Israeli Fintech regulatory situation.
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The New Reform in the Field of Privacy Protection and Information Security – the Day After and the Future …
August 6, 2018
/ by
Barnea
Israel’s new Privacy Protection (Information Security) Regulations came into effect this past May. These regulations constitute a significant reform and turning point in the field of personal information security in Israel and in protecting the privacy of Israeli citizens.
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GDPR – Why Should We Care about It?
May 28, 2018
/ by
Barnea
The EU’s General Data Protection Regulation is designed to help individuals better control their personal data. As this regulation applies also to those that offer products or services in the EU, major websites have begun updating their privacy policies to comply. Doing so is important for a number of reasons.
See full post >
Is It Mandatory for My Business to Be Licensed as a Financial Asset Service Provider?
May 17, 2018
/ by
Anat Even-Chen
On June 1, 2018, another central part of the regulatory reforms under the Control of Financial Services Law (Regulated Financial Services) will come in effect. This part addresses the activities of financial asset service providers.
See full post >
Ten Golden Tips for Distribution Agreements
April 30, 2017
/ by
Michael Barnea
Distributors, agents, resellers and OEM partners all share the same commercial function of selling goods to end users. Thus, although there are significant differences between the legal statuses of each of these players, this article below treats all of them collectively as “distributors”. Appointing a distributor involves significant inherent risks. The drafting of the distribution agreement may help in mitigating these risks and realizing the potential benefit of your relationship. While formulating distribution agreements you should pay special attention to the following key issues:
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Foreign Corporations Also Have No Immunity – Organizing a Restrictive Arrangement is Liable to Lead to Criminal Sanctions
December 21, 2016
/ by
Ilan Blumenfeld
,
Daniel Kleinman
A restrictive arrangement organized between an Israeli corporation and a foreign corporation, which results in significant harm to the competition in the Israeli market, is subject to the Israeli Restrictive Trade Practices Law.
See full post >
Doing Business in Israel: a Nation Friendly to Business Investment
November 7, 2016
/ by
Simon Jaffa
Companies, countries, and individuals who are interested in doing business abroad are looking more and more towards Israel. This has not occurred by accident. Israel has devised and implemented national policies to make it a world leader in technology and innovation. The result is a nation friendly to business investment. With the right business and legal guidance, investors are discovering tremendous potential in this small but sophisticated country.
See full post >
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