Banking & Finance / Banking Regulation
The regulations governing the activities of banking institutions are some of the most complex among financial regulatory regimes in Israel and around the world. Such regulations are also used to enact additional guidelines that affect the development and character of the entire economy.
Barnea’s banking regulation team consists of professionals with deep expertise in the field. These experts possess years of experience advising on all regulatory issues, including guiding local and foreign banking entities in their interactions with Israel’s financial authorities, particularly the Bank of Israel, the Supervisor of Banks, the Israel Securities Authority, the Capital Markets, Insurance and Savings Authority, the Tel Aviv Stock Exchange, and more.
Israeli Clients
Our firm represents Israeli banks before all regulatory bodies in a variety of matters. For instance, we guide clients in preparing to apply for a banking license, as well as advise on the entire spectrum of banking activities, including how to build compliance programs in banking corporations, navigate complex structuring and reorganization processes, and handle diverse transactions. In addition, we provide representation before various supervisory authorities.
We also advise banks on regulatory issues pertaining to privacy protection, the use of credit data, data security, clearing, and more. Our team offers professional and creative legal advice to banks on the implementation of new technologies used for payments, transfers, and digital assets, and on engagement with innovative platforms and products developed by fintech companies.
International Clients
Over the years, our firm has successfully represented dozens of foreign banks in their business activities in Israel. We represent foreign banks before the Bank of Israel during licensing proceedings and the establishment of representative offices. We also provide our clients with ongoing advice on the regulatory aspects of their business activities, including the registration of liens, the preparation of documents needed to provide loans to individuals and companies in Israel, and the offering of various financial products.
We also maintain close working relationships with banks’ compliance teams and sometimes even serve as foreign banks’ compliance officers for their activities in Israel.
Our banking regulation team routinely collaborates with the firm’s other departments to provide comprehensive, innovative, and strategic solutions for all business aspects of banks’ activities in Israel and abroad.
Insights & News - Banking & Finance / Banking Regulation:
Key Trends and Regulatory Challenges in Israel’s Financial Sector
Bank of Israel Issues New Draft Directive to Ease Regulatory Requirements for Small and New Banks
Bank of Israel Expands “Identification Code” in Payment Systems: Latest Measure to Increase Competition and Open Up the Financial Market
Banking & Finance / Banking Regulation
The regulations governing the activities of banking institutions are some of the most complex among financial regulatory regimes in Israel and around the world. Such regulations are also used to enact additional guidelines that affect the development and character of the entire economy.
Barnea’s banking regulation team consists of professionals with deep expertise in the field. These experts possess years of experience advising on all regulatory issues, including guiding local and foreign banking entities in their interactions with Israel’s financial authorities, particularly the Bank of Israel, the Supervisor of Banks, the Israel Securities Authority, the Capital Markets, Insurance and Savings Authority, the Tel Aviv Stock Exchange, and more.
Israeli Clients
Our firm represents Israeli banks before all regulatory bodies in a variety of matters. For instance, we guide clients in preparing to apply for a banking license, as well as advise on the entire spectrum of banking activities, including how to build compliance programs in banking corporations, navigate complex structuring and reorganization processes, and handle diverse transactions. In addition, we provide representation before various supervisory authorities.
We also advise banks on regulatory issues pertaining to privacy protection, the use of credit data, data security, clearing, and more. Our team offers professional and creative legal advice to banks on the implementation of new technologies used for payments, transfers, and digital assets, and on engagement with innovative platforms and products developed by fintech companies.
International Clients
Over the years, our firm has successfully represented dozens of foreign banks in their business activities in Israel. We represent foreign banks before the Bank of Israel during licensing proceedings and the establishment of representative offices. We also provide our clients with ongoing advice on the regulatory aspects of their business activities, including the registration of liens, the preparation of documents needed to provide loans to individuals and companies in Israel, and the offering of various financial products.
We also maintain close working relationships with banks’ compliance teams and sometimes even serve as foreign banks’ compliance officers for their activities in Israel.
Our banking regulation team routinely collaborates with the firm’s other departments to provide comprehensive, innovative, and strategic solutions for all business aspects of banks’ activities in Israel and abroad.