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Operation Swords of Iron: Contending with a Cyberattack
December 5, 2023 / Avishay Klein, Ben Norman
Israel’s government has drafted new regulations in the wake of Operation Swords of Iron, due to the increase in the scope and quality of cyberattacks against civilian entities.
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Categories: Cyber | Privacy Law | Regulation
Israeli Court Criticizes the Israel Police over its Use of AI Tools
November 29, 2023 / Avishay Klein, Masha Yudashkin
A man who entered Israel with drugs in his possession sought to expose the Israel Police’s use of AI tools that resulted in his inclusion in a list of suspected drug couriers. The court’s criticism of the police’s tactics clarifies that even if the AI system leads to correct identification or to accurate decisions, its mechanisms must be transparent, explainable and auditable. 
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Categories: AI Regulation | High Tech | Regulation
Swords of Iron: Compensation Outline for Businesses Law
November 20, 2023 / Hanna Daher, Alon Davidovich, Amos E. Rosenzweig
After lengthy discussions, the Knesset approved a wartime compensation outline for businesses. The outline offers compensation of up to a maximum of ILS 1.2 million to businesses with annual turnovers ranging between ILS 12,000 and ILS 400 million.
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Categories: Corporate | Tax
Swords of Iron: Unemployment Benefits and Unpaid Leave
November 16, 2023 / Netta Bromberg
The legislative process has ended and prescribes a series of reliefs and expansions in order to provide a solution for a relatively wide spectrum of employees sent home on unpaid leave as a result of the war. The law applies, inter alia, to pregnant women and women on maternity leave, employees with disabilities and employees over the age of 67.
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Categories: Employment
SEC Signals Intent to Regulate NFTs
November 16, 2023 / Andrey Yanai, Avihai Tal
The SEC is taking a regulation by enforcement stance toward NFTs and is creating legal uncertainty in the field. Will the Israel Securities Authority follow suit?
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Categories: Blockchain | Capital Markets | Enforcement
Compensation to Employers for Evacuated Employees’ Wages
November 6, 2023 / Lior Girshevitz
Employers may claim compensation for wages paid to employees unable to report for work because of evacuation from one of the border communities specified in government decisions.
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Categories: Employment
UK Increases Child Safety Online
November 5, 2023 / Avishay Klein, Masha Yudashkin
The new UK Online Safety Act is part of a wave of European legislation seeking to protect children from online age-inappropriate content, exploitation, and other online dangers.
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Categories: Cyber | Privacy Law | Regulation
Employing Teenagers during Operation Swords of Iron
November 5, 2023 / Lior Girshevitz
The Israeli Minister of Labor signed a general permit to employ teenagers during evening hours due to the state of emergency in the economy. This permit expands the work hours during which teenagers between the ages of 16 and 18 may be employed.
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Categories: Employment
Ruling: Pre-Sale Dividend Distribution to Reduce Tax Liability
November 5, 2023 / Hanna Daher, Alon Davidovich
Legitimate tax planning or an artificial transaction to reduce tax liability? Israeli court ruling on a dividend distribution prior to a sale of shares or holdings of a company.
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Categories: Tax
US President Signs Executive Order on Safe Use of AI
November 5, 2023 / Avishay Klein, Masha Yudashkin
The United States is looking to institute rules for the safe development and use of artificial intelligence, to regulate government use of AI, and to establish its leadership in the AI field.
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Categories: Cyber | Privacy Law | Regulation
Draft Bill: Compensation for Businesses Affected by the War
November 2, 2023 / Amos E. Rosenzweig
The compensation for businesses will be based on their fixed expenses, which they must bear despite the decrease in revenue and business activity, and to help businesses survive the period.
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Categories: Corporate | National Insurance Institute (NII)
Wartime Financial Assistance Plan: Unemployment Insurance
November 2, 2023 / Amos E. Rosenzweig
The experience acquired in Israel during the COVID-19 pandemic provided the groundwork for the creation of a more favorable plan to support employees on unpaid leave, in order to assist businesses experiencing severe financial losses.
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Categories: Employment | National Insurance Institute (NII)
Swords of Iron: Israel Securities Authority Guidelines and Reliefs
October 31, 2023 / Hagit Ross
The Israel Securities Authority has announced several reliefs due to Operation Swords of Iron, mainly the postponement and extension of deadlines.
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Categories: Capital Markets
Swords of Iron: Israel Innovation Authority Supports Startups
October 29, 2023 / Nofar Rose David
The state of emergency in the Israeli economy and the massive call-up of reservists are expected to adversely impact the Israeli high-tech industry. The Israel Innovation Authority is establishing an express grant track and is offering a series of reliefs to existing startups to help them sustain business continuity.
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Categories: High Tech | Start Ups
War and Force Majeure – Implications for Contract Performance
October 26, 2023 / Anat Even-Chen
Since a combat situation in Israel is not deemed force majeure, the legislature and the regulatory authorities recommend that parties to contracts hold dialogues on the contract terms in good faith, to the extent the state of emergency does not enable all contract clauses to be performed. Concurrently, the Knesset enacted the Postponement of Deadlines Law, which allows those entitled to postpone performance of contracts under particular circumstances.
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Categories: Corporate | Litigation | Regulation
Tax Reliefs – Operation Swords of Iron
October 19, 2023 / Harel Perlmutter, Alon Davidovich
The Israel Tax Authority is publishing a series of tax reliefs to help companies and individuals and the current defense and civilian efforts.
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Categories: Tax
IDF Reservists’ Rights
October 18, 2023 / Netta Bromberg, Amos E. Rosenzweig
Israeli men and women called up for reserve duty, whether salaried employees or self-employed, are entitled to reserve duty pay from the National Insurance Institute for the days they serve on reserve duty.
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Categories: Employment | National Insurance Institute (NII)
Activities by NPOs during a State of Emergency in Israel
October 16, 2023 / Sagi Gross
According to the new guidelines, until the declared state of emergency in Israel is over, NPOs (amutot and public benefit companies) may conduct activities intended to provide immediate and vital assistance during the war, even if these activities do not fall under their approved objectives.
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Categories: NPO
Israel Competition Authority Director General Publishes Guidelines for Business Activities during State of Emergency
October 15, 2023 / Irit Brodsky
In light of the security situation in Israel, the Director General of the Israel Competition Authority issued several special guidelines last week to facilitate business activities during the state of emergency.
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Categories: Antitrust and Competition
Privacy and Data Protection during Remote Work from Home
October 11, 2023 / Avishay Klein, Masha Yudashkin
The state of emergency the State of Israel has declared in recent days requires us all to contend with a unique and complex situation. As part of this struggle, many companies and organizations have instructed their employees to shift to working from home, thus requiring such employers to clarify their privacy and business data protection procedures.
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Categories: Cyber | Privacy Law | Regulation
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