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Latest Updates / Startups

April 7, 2020

Pregnant Women May Now Be Put on Unpaid Leave without Labor Ministry Approval

New regulations were signed on April 6, 2020 that allow pregnant women, women and men undergoing infertility treatment, and women returning to work after maternity leave to be put on unpaid leave, under certain conditions, without the need for a permit from the Ministry of Labor.

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April 6, 2020

Contractual Obligations during the Coronavirus Outbreak

The coronavirus outbreak has stricken us all. Alongside the invasion of personal space, the virus’ effects have not spared the business arena, and the ability of both businesses and individuals to meet their contractual obligations is also in question.

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April 5, 2020

Israel Capital Markets Authority Adopts Zohar Lande’s Strategy to Rescue Corporate Market

Dr. Moshe Bareket, the Director General of the Israel Capital Markets Authority, has proposed postponing payments, by deferring or replacing debt in order to raise interest rates to bypass a debt settlement, as part of a rescue plan for the corporate market. His proposal is largely based on the method presented by Adv. Zohar Lande, the head of our Litigation Department, in an op-ed published earlier this week.

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April 2, 2020

ISA Publishes Temporary Order on Clarification of Clients’ Needs

In response to the Corona pandemic, the ISA published on March 30, 2020, a temporary order for license holders in connection with the clarification of clients' needs.

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April 2, 2020

Israel: Updates for Portfolio Managers and Investment Advisors and Marketers in Light of the Coronavirus Crisis

In light of the coronavirus pandemic, the Israel Securities Authority (ISA) recently released a number of updates and reliefs on the obligations that apply to portfolio managers and investment advisors and marketers.

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April 2, 2020

Israel: Extending Validity of Regulatory Approvals in Light of the Coronavirus Crisis

On March 25, 2020, emergency regulations were adopted in Israel that include, among other things, an extension of the validity of regulatory approvals that expire in the near future.

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April 2, 2020

Israel Innovation Authority Updates for Companies and New Benefit Tracks

Due to the coronavirus pandemic, the Israel Innovation Authority (IIA) has issued a major easement for the companies it supports, in the manner in which payroll expenses for companies in the midst of carrying out approved plans will be recognized.

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April 1, 2020

Israel’s Tax Agency Criticized for Tepid Response to Coronavirus

Harel Perlmutter was interviewed by Tax Notes International following criticism that the reliefs the Israel Tax Authority issued for taxpayers in light of the coronavirus pandemic are insufficient.

April 1, 2020

Managing Labor Relations in Accordance with the New Israeli Guidelines 01.04.2020

New guidelines for conduct in the workplace came into effect today in Israel.

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March 31, 2020

Jump TAU Jewish-Arab Accelerator Program Demo Day

Yuval Lazi participated today in the demo day of the Jump TAU Jewish-Arab Accelerator Program. In light of the coronavirus pandemic, the meeting took place online.

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March 31, 2020

Zvi Gabbay Hosts Online Seminar for Israel Hedge Funds Association Members

Dr. Zvi Gabbay, together with Lior Segev, the co-founder and CEO of Liquant Asset Management, hosted today an online seminar for members of the Israel Hedge Funds Association on business continuity planning during the coronavirus.

March 30, 2020

The Offense of Bribery

What is the definition of bribery in Israeli law and what are the maximum penalties for it?

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March 29, 2020

Article: Bond Market Rescue – Debt and Interest Restructuring

The coronavirus crisis is affecting both stock prices and corporate bond prices and yields in the capital market. Zohar Lande, in an article for Bizportal, explains that the Israel Securities Authority must create a “fast-track mechanism” that allows companies to choose to be included in a debt restructuring arrangement subject to the different criteria.

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March 29, 2020

Coronavirus in Israel – Getting Your Business Seen as an Essential Service

Special coronavirus-related emergency regulations were promulgated in Israel on March 21, 2020, listing specific economic activities considered as essential that are allowed to operate with fewer limitations.

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March 26, 2020

Protecting Privacy despite the Coronavirus

The global effort to fight the spread of coronavirus has prompted new privacy related questions around the world. Much has been written for and against the use of privacy-compromising measures to protect public health. Therefore, we have chosen to concentrate on the practical implications of privacy principles on companies and businesses.

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March 26, 2020

Employment during an Emergency and Granting Benefits during Unpaid Leave

On March 22, 2020, and again on March 25, 2020, emergency regulations on limiting market activity and limiting the number of employees in the workplace were published.

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March 25, 2020

Israel: Employment during an Emergency and Granting Benefits during Unpaid Leave

Several employment restrictions in light of the emergency regulations that were published in Israel and an update on giving retirement insurance and car use benefits during unpaid leave.

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March 25, 2020

Israel Tax Authority Reliefs in Light of Coronavirus Pandemic

In light of the coronavirus pandemic affecting the economic market, the Israel Tax Authority has published several reliefs for taxpayers.

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March 25, 2020

Cayman Islands Blacklisted by EU as a “Non-Cooperative Tax Jurisdiction”

The EU announced recently, following a meeting of its Economic and Financial Affairs Council (ECOFIN), that the Cayman Islands has been moved to Annex 1 of the list of “non-cooperative jurisdictions” for tax purposes.

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March 24, 2020

Israel's Construction and Infrastructure Sector Recognized as an Essential Field

On March 22, 2020, emergency regulations were published in Israel on limiting market activity for the purposes of managing the spread of the coronavirus. The construction and infrastructure sectors were declared exempt.

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