© All rights reserved to Barnea Jaffa Lande Law offices

Together is global

Banking & Finance

Key partner

P. Banking & Finance, Corporate, Infrastructure, Private Clients

Key partner

P. Banking & Finance, Capital Markets, FinTech, Regulation

Our firm provides solutions to the special needs of Israeli and foreign banks, investment houses, insurance companies, financial institutions, and various financing and brokerage bodies.

Our regulatory advice covers issues of financial licenses and permits, insolvency law, liens, bank issues, and assimilation of compliance plans. We also provide representation before the local regulatory bodies (the Bank of Israel, the Israel Securities Authority, the Capital Market, Insurance and Saving Authority, etc.) We work closely with banks’ compliance officers and even act ourselves as compliance officers.

 

In the finance field, our firm handles the largest and most complex development and financing transactions in Israel. Our firm is involved in all stages of these transactions – formulating financing and investment agreements, negotiating with the financing bodies – while also addressing business, legal, financing, and regulatory aspects.

 

We also represent fintech companies dealing with numerous regulatory and legal challenges. Our professional advice is rooted in unique experience with the regulatory hurdles in this sector. Our clients include startups, investors, entrepreneurs, P2P companies, crowdfunding platforms, money transfer services companies, digital trading platforms, and more.

News and updates - Banking & Finance:


June 13, 2021

Bank of Israel: Environmental Considerations and Risks Should Be Part of Banking Corporations’ Risk Management

The Bank of Israel published its latest annual review at the end of May¹The review includes an announcement by Supervisor of Banks Yair Avidan that he is promoting the formulation of updated comprehensive regulations on environmental risk management, considering the considerable importance he attributes to the subject of the environment.

Already at the end of 2020, the Supervisor of Banks sent a letter to banking corporations and credit card companies advising them of the initiation of a process of regulating and supervising banks’ environmental risk management². These clear statements may have significant implications on many business entities, adding practical substance to the growing discourse about corporations’ environmental impact and their adoption of an ESG policies.

December 14, 2020

New Rules on Consumer Credit Marketing and Management

The Bank of Israel recently issued new rules on marketing and credit management. The purpose of the new rules is to prevent credit risks not tailored for the customer. They include restrictions on aggressive marketing and granting certain clients credit.

November 9, 2020

Our Firm Represented CAF in Funding for Jerusalem Light Rail Project

After a year of negotiations, Jerusalem Light Rail concessionaire Shapir Engineering and its Spanish partner CAF announced the closure of a financial agreement for the construction and operation of a network of light rail lines in Jerusalem. The project's initial financing, amounting to nearly NIS 4 billion, will be led by Bank Hapoalim, with the participation of First International Bank of Israel, investment house Altshuler Shaham, and insurance company Migdal. Our firm's Simon Jaffa and Samuel Henry Samuel represented CAF in the transaction. This is CAF's first project in Israel.

Banking & Finance

Our firm provides solutions to the special needs of Israeli and foreign banks, investment houses, insurance companies, financial institutions, and various financing and brokerage bodies.

Our regulatory advice covers issues of financial licenses and permits, insolvency law, liens, bank issues, and assimilation of compliance plans. We also provide representation before the local regulatory bodies (the Bank of Israel, the Israel Securities Authority, the Capital Market, Insurance and Saving Authority, etc.) We work closely with banks’ compliance officers and even act ourselves as compliance officers.

 

In the finance field, our firm handles the largest and most complex development and financing transactions in Israel. Our firm is involved in all stages of these transactions – formulating financing and investment agreements, negotiating with the financing bodies – while also addressing business, legal, financing, and regulatory aspects.

 

We also represent fintech companies dealing with numerous regulatory and legal challenges. Our professional advice is rooted in unique experience with the regulatory hurdles in this sector. Our clients include startups, investors, entrepreneurs, P2P companies, crowdfunding platforms, money transfer services companies, digital trading platforms, and more.

Key partner

P. Banking & Finance, Corporate, Infrastructure, Private Clients

Key partner

P. Banking & Finance, Capital Markets, FinTech, Regulation

News and updates - Banking & Finance:


June 13, 2021

Bank of Israel: Environmental Considerations and Risks Should Be Part of Banking Corporations’ Risk Management

The Bank of Israel published its latest annual review at the end of May¹The review includes an announcement by Supervisor of Banks Yair Avidan that he is promoting the formulation of updated comprehensive regulations on environmental risk management, considering the considerable importance he attributes to the subject of the environment.

Already at the end of 2020, the Supervisor of Banks sent a letter to banking corporations and credit card companies advising them of the initiation of a process of regulating and supervising banks’ environmental risk management². These clear statements may have significant implications on many business entities, adding practical substance to the growing discourse about corporations’ environmental impact and their adoption of an ESG policies.

December 14, 2020

New Rules on Consumer Credit Marketing and Management

The Bank of Israel recently issued new rules on marketing and credit management. The purpose of the new rules is to prevent credit risks not tailored for the customer. They include restrictions on aggressive marketing and granting certain clients credit.

November 9, 2020

Our Firm Represented CAF in Funding for Jerusalem Light Rail Project

After a year of negotiations, Jerusalem Light Rail concessionaire Shapir Engineering and its Spanish partner CAF announced the closure of a financial agreement for the construction and operation of a network of light rail lines in Jerusalem. The project's initial financing, amounting to nearly NIS 4 billion, will be led by Bank Hapoalim, with the participation of First International Bank of Israel, investment house Altshuler Shaham, and insurance company Migdal. Our firm's Simon Jaffa and Samuel Henry Samuel represented CAF in the transaction. This is CAF's first project in Israel.

Enter your email for newsletter sign up: