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August 24, 2026
From now on: a dedicated license to provide guarantees in Israel
On July 26, 2026, the Israeli Capital Market, Insurance and Savings Authority published a policy document for implementing a reform in the guarantee market, along with a draft update to the licensing procedure for regulated financial services and supplementary draft circulars. Public comments were accepted until August 16, 2026 and discussions of the comments will be held on September 7, 2026.
August 24, 2026
Israel Securities Authority publishes draft directive allowing licensees to publicize past returns on portfolios
On August 5, 2026, the Israel Securities Authority (ISA) published a new draft directive issued under the Regulation of Investment Advice, Investment Marketing and Portfolio Management Law of 1995, which will supersede its 2011 directive and allow licensees to publicize past returns on portfolios for the first time. Public comments will be accepted until September 4, 2026.
August 24, 2026
Update for employers: increase in the Israeli convalescence pay rate
An Extension Order was published in Israel on August 18, 2026 updating the rate of employers’ contributions to employees’ convalescence and vacation expenses for 2026. According to the Extension Order, an employer’s contribution to its employees’ convalescence and vacation expenses for 2026 will be ILS 451.50 per day of convalescence, instead of ILS 418 as had been in effect up until now.
August 24, 2026
Q Cyber ruling: limits on using shelf companies in Israeli acquisitions
The Q Cyber ruling sharpens the boundary between legitimate tax planning and a transaction that may be regarded as artificial for tax purposes. The judgment underscores that, when examining acquisition, financing and holding structures, it is not sufficient that the structure formally complies with the requirements of the law; the underlying business purpose and the ability to substantiate it in real time must also be considered.
August 23, 2026
AI in organizations: It is no longer enough to say “Do not input confidential information”
The routine use of AI tools in organizations creates real value, but it also gives rise to privacy, information security and compliance risks from the moment a prompt is entered.
To mitigate these risks, the key questions are not limited to whether information is stored or used for training, but also what information was input, where it went, who can access it, and what was done with the output.
August 19, 2026
Israel’s Consumer Protection and Fair Trade Authority Reduces Financial Sanctions
At the end of June 2026, in the Afikim Water case, Israel’s Supreme Court for the first time set out a clear test for calculating financial sanctions under the Consumer Protection Law. The CPFTA quickly adopted the ruling in a legal statement and temporary enforcement directive, changing how sanctions are calculated in practice. This unusual speed suggests the authority attributes considerable significance to the judgment.
August 18, 2026
EU AI Act Transparency Obligations: What Your Company Needs to Know
Article 50 of the EU AI Act has applied since 2 August 2026 and imposes transparency obligations requiring organizations to make clear when individuals are interacting with AI or are being exposed to AI-generated or AI-manipulated content. It applies to providers and deployers of certain AI systems, including generative and interactive AI systems and deepfakes.
August 12, 2026
Bizportal: How Is Artificial Intelligence Transforming the Legal Profession?
Adv. Gal Livshits of our firm was interviewed by Bizportal about the impact of artificial intelligence on the legal profession. She discussed how AI is transforming litigation management, information analysis, recruitment, and legal decision-making, while also highlighting the risks of overreliance on AI tools, including the potential impact on critical thinking. She further explained why, in an increasingly technology-driven legal landscape, human judgment, creativity, and critical thinking are more important than ever.
August 9, 2026
Mandatory Recording of Sales Conversations: Implications of Amendment to Israeli Consumer Protection Law for Businesses and Financial Institutions
Amendment 74 to the Consumer Protection Law introduces, for the first time, obligations to record sales-related conversations, retain those recordings, and provide them to consumers upon request. The amendment applies to certain transactions listed in the law where the transaction value exceeds ILS 750, or where the price is unknown at the time of the call.
August 7, 2026
Avigam Entrepreneurship & Management Completes Inaugural ILS 166 Million Bond Offering
Avigam Entrepreneurship Management (2012) Ltd. has completed its inaugural bond offering, raising ILS 166 million. Adv. Elad Reshtick and Adv. Batel Torangi of our Capital Markets Department advised Avigam throughout the offering process and will continue to advise the company, its management, and its board of directors on its capital markets activities.
August 2, 2026
Prof. Amichai Cohen Appointed Vice President of Research at Israel Democracy Institute
Prof. Amichai Cohen, a special counsel at our firm, has been appointed Vice President of Research at the Israel Democracy Institute. In his new role, he will lead the IDI's research division and oversee its research activities in the fields of democracy, law, government, and national security. Alongside this appointment, Amichai will continue to advise the firm's clients on projects and transactions involving international law, international sanctions, international trade, and regulatory compliance.
August 2, 2026
Parallel Imports: Israel Competition Authority Expands Enforcement
In recent weeks, the Israel Competition Authority has announced two new enforcement proceedings against Carasso Motors and Suny Communications, further reflecting its intensified enforcement efforts regarding parallel imports.
July 27, 2026
Steel Partners Sues InMode
We represent US investment fund Steel Partners in litigation against InMode, its CEO, and its board of directors, focused on the question of who qualifies as the de facto controlling shareholder of a public company. In the claim, we argue that although the CEO holds only 7% of InMode’s shares, he effectively exercises control over the company. As a result, the acquisition offer he submitted should be subject to the stricter rules and standards applicable to controlling shareholders. The lawsuit comes amid an escalating battle for control of InMode, which is traded on Nasdaq and has a market capitalization of approximately USD 900 million. Steel Partners is represented by Adv. Micky Barnea, Adv. Eyal Nachshon, Adv. Shay Bello, and Adv. Noa Raz of our firm.
July 23, 2026
Marketing Foreign Funds to Investors in Israel: When Does an Offer Require a Prospectus?
Section 15 of the Securities Law provides that securities may be offered or sold to the public in Israel only under a prospectus approved for publication by the Israel Securities Authority (ISA). The marketing of foreign funds to Israeli investors is considered an offering of securities and may therefore be carried out without a prospectus only if a recognized exemption applies.
July 22, 2026
Position Statement on the Obligation to Appoint a DPO: Not a Change in the Law, but a Change in the Rules of the Game
Israel’s Privacy Protection Authority (PPA) has published the final version of its position statement on the appointment of a data protection officer (DPO). Although, formally speaking, it is only a position statement rather than binding guidance, it is expected to have a significant practical impact on the PPA’s supervision and enforcement going forward.
July 21, 2026
Israel Approves the “What’s Good for the United States Is Good for Israel” Reform – 10 Key Points for Importers, Manufacturers, and Marketers
The reform expands options for importers, manufacturers, and marketers in Israel by lowering barriers and creating an additional route for products that meet the statutory conditions. However, it does not grant broad relief, since eligibility remains subject to conditions, exceptions, and documentation requirements, and compliance with applicable Israeli law must still be reviewed. Businesses should therefore prepare in advance to identify qualifying products, required documents, and points of interaction with existing Israeli regulation.
July 21, 2026
Israel Launches a Corporate Credit Database to Increase Competition in the Business Credit Market
The upcoming corporate credit database is expected to significantly affect Israel’s business credit market, expand credit data use, increase competition and access to credit, and require financial and other entities to prepare for reporting or relying on the database.
July 20, 2026
Ynet: How Artificial Intelligence Is Reshaping the Legal Profession
Dr. Avishay Klein, a partner and head of the firm's Privacy, Cyber and Artificial Intelligence Department, was interviewed for a feature article in Ynet on the impact of artificial intelligence on the legal profession. In the interview, Dr. Klein discusses how AI is transforming legal practice, from the training of junior lawyers to contract review, document analysis, risk identification, and legal drafting, and shares his perspective on how these developments are likely to shape the future of the profession.
July 20, 2026
EDPB Issues Draft Guidelines on Web Scraping for Generative AI Training
Publicly accessible personal data is not automatically available for AI training use: In Guidelines 03/2026, published for public comment on July 7, 2026, the EDPB clarifies that the mere fact that personal data is publicly accessible online does not, on its own, allow it to be collected and reused for AI training under the GDPR.
July 12, 2026
M&A Transactions in the 2026 Business Landscape
Our firm, together with the Manufacturers Association of Israel, BDO Israel, and Mizrahi Tefahot, hosted a professional seminar on strategies for navigating mergers and acquisitions in today's evolving business environment. The seminar examined the legal, commercial, and financial aspects of MA transactions, including identifying opportunities, preparing for transactions, regulatory and competition law considerations, financing structures, and deal execution. The event brought together CEOs, business owners, CFOs, and directors. During the seminar, Adv. Ilan Blumenfeld, Adv. Irit Brodsky, and Adv. Idan Miller from our firm presented on the key legal aspects of mergers and acquisitions.