Latest Updates

July 17, 2018

Approved by the SEC – Security Tokens Exchange in the US

Coinbase, one of the leading cryptocurrency exchanges in the US, received approval from the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) to list for trading digital currencies considered to be securities (security tokens). Coinbase has thus become the first US federally-regulated platform for trading security tokens.

See full article >

July 10, 2018

Updates on Consumer Protection Laws

Several new consumer protection updates: the obligation to disclose post-sale delivery and service policies, the expansion of provisions regarding the scheduling of providing services at consumers’ homes, and relief in the obligation to mark apparel products.

See full article >

July 10, 2018

Memorandum on the Cyber Defense and National Cyber Directorate Law

The Israeli Prime Minister's Office published a memorandum on the proposed Cyber Defense and National Cyber Directorate Law. This law is designed to regulate the National Cyber Directorate’s purpose, functions, and powers.

See full article >

June 25, 2018

The Role of GDPR in the World of Digital Advertising and Marketing

Our Head of the Internet Department lectured today on the new GDPR privacy regulation. He addressed digital, marketing, and information systems VPs who are members of the CDO Club.

May 31, 2018

Financial Services Law Postponed

Adv. Anat Even-Chen gave several media interviews (in Heb) following the Knesset Finance Committee's decision to postpone the entry into force of the Financial Services Law. This law was supposed to regulate the trading of digital currencies for the first time.

Article from The Marker

Financial radio program (starting min' 10:50)

May 30, 2018

Israel Proposes Personal Stock Investment Accounts with Tax Perks

Dr. Zvi Gabbay was interviewed by Bloomberg BNA regarding a new bill, according to which anyone who sells his apartment is entitled to open a special investment account that will benefit from deferring payment of tax on capital gains.

View PDF >

May 28, 2018

GDPR – Why Should We Care about It?

The EUs General Data Protection Regulation is designed to help individuals better control their personal data. As this regulation applies also to those that offer products or services in the EU, major websites have begun updating their privacy policies to comply. Doing so is important for a number of reasons.

See full article >

May 27, 2018

Updating Privacy Policy for GDPR Compliance

Our Head of the firm's Internet Department, was interviewed by Mamon, Yediot Ahronot's financial supplement, about the introduction of the new EU General Data Protection Regulation (GDPR).

View PDF >

May 24, 2018

Dr. Zvi Gabbay Attends iFX Expo International Conference

Dr. Zvi Gabbay is attending today the iFX Expo International Conference. Zvi will participate in the panel on regulation, discussing MIFID II, ESMA restrictions, and the blockchain and cryptocurrency revolution.

See full article >

May 23, 2018

Anti-Spam Law to Be Expanded – Prohibition on Soliciting a Return Call

Recently, the Knesset approved a private bill that expands the scope of the “Spam Law.” The amendment is aimed at preventing the phenomenon whereby messages not necessarily commercial in nature are being sent to the general public, mainly through a robo-call system.

See full article >

May 17, 2018

Is It Mandatory for My Business to Be Licensed as a Financial Asset Service Provider?

On June 1, 2018, another central part of the regulatory reforms under the Control of Financial Services Law (Regulated Financial Services) will come in effect. This part addresses the activities of financial asset service providers.

See full article >

May 15, 2018

District Court Orders Bank Hapoalim to Accept a Deposit of Proceeds from Sale of Digital Currencies into Client’s Account

This month, an Israeli district court deliberated a motion for an interlocutory order against Bank Hapoalim. The order would obligate the bank to accept the transfer into a customer's account of money that constituted proceeds from a sale of digital coins transacted outside of Israel.

See full article >

May 8, 2018

Israel's Privacy Protection Regulations

Adv. Asaf Shalev was interviewed by Mamon, Yediot Ahronot's financial supplement, about the new privacy and information security regulation coming into force in Israel today. This regulation sets a new standard for the protection of personal information in databases.

See full article >

View PDF >

April 29, 2018

What Is the GDPR Revolution and How to Prepare for It?

Our Head of the firm's Internet Department, was interviewed by TheMarker about the introduction of the new EU General Data Protection Regulation (GDPR) and the way it will influence Israeli companies. He commented that a company looking to issue stocks, be sold to a European company, or raise an investment will increase its chances and value if it complies with GDPR.

See full article >

April 23, 2018

Seminar on EU Privacy Protection Regulations

Our firm is hosting today the participants of the IBM Alpha Zone Acceleration Program for a seminar on the EU's new privacy protection regulations.

View PDF >

April 16, 2018

Cross-Border Enforcement: How US Enforcement Agencies Reach Israeli Institutions

Barnea and Nixon Peabody LLP are hosting today a roundtable discussion on the current enforcement environment, future trends, and strategies to succeed in the US while skirting legal and regulatory challenges.

April 11, 2018

Apple Israel CEO Questioned by the Consumer Protection Authority

Adv. Anat Even-Chen was interviewed by several local newspapers following the investigation of Apple Israel's CEO by the Consumer Protection and Fair Trade Authority. It is suspected that Apple Israel did not disclose material information to consumers about the slowdown in updated versions of its cellular phones.

Article from The Marker

Article from Israel Hayom

April 8, 2018

Law Reducing the Use of Cash

The Knesset recently approved the Law for the Reduction in the Use of Cash. This law imposes bans and restrictions on the making and receiving of payments using cash and checks at the sums therein prescribed.

See full article >

March 29, 2018

Facebook Scandal and Data Privacy Regulation

Our Head of Barnea's Internet Department, was interviewed on a financial TV program at the Israeli Public Broadcasting Corporation following Facebook's privacy scandal (starting at min' 13.55).

See full article >

March 18, 2018

Knesset Allows IPO Expenses to Be Deducted from Corporate Earnings

Recently, after initial approval by the Finance Committee, the Knesset has passed a temporary order to the Income Tax Law with regards to deduction of issue expenses. According to the law, the expenses related to issuing the shares of companies and partnership participation units on the Tel Aviv Stock Exchange (TASE) will now be recognized as expenses for tax purposes.

See full article >

Search by Practice

Latest Updates / Regulation