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Latest Updates / Regulation

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.

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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.

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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.

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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.

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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.

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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.

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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.

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July 12, 2026

Israel to Regulate Stablecoins: New Draft Bill on Stablecoin Licensing and Supervision

On June 29, 2026, the Ministry of Finance and the Capital Market, Insurance and Savings Authority published a draft bill for public comment until July 20, 2026, which, for the first time in Israel, would establish a specific licensing and supervisory framework for stablecoin issuers.

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June 28, 2026

When Are Directors Personally Liable for Trademark Infringement by a Company?

An Israeli District Court imposed personal liability, jointly and severally, on the directors of a company for trademark infringement, without lifting the corporate veil. Whenever a tort is committed, including intellectual property infringement, any officer or director who personally committed the tort may be ordered to pay out of his or her own pocket, even without lifting the corporate veil.

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June 24, 2026

Webinar: Defense Industry in a Changing Reality

Our firm, together with BDO, will host a professional webinar on the key issues that companies and funds operating in the defense industry should know—from opportunities and challenges in the defense and dual-use export landscape, to VAT, customs, and targeted tax incentives, as well as legal, financial, and accounting readiness for capital raises, IPOs, and becoming a public company. Adv. Elad Reshtick and Prof. Amichai Cohen from our firm, alongside BDO experts, will speak at the webinar, which will take place on June 30, 2026, at 11:00 AM.

Agenda & Registration

June 23, 2026

Israeli Supreme Court Adopts an “Act-Based Test” for Calculating Consumer Protection Financial Sanctions

For the first time, Israel’s Supreme Court has established a clear test for calculating financial sanctions under the Consumer Protection Law, depending on whether the conduct constitutes a single act or multiple separate acts.

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June 21, 2026

Investment Advice and Portfolio Management in Israel – Licensing Exemption for Qualified Clients Is Not a Full Exemption

The Regulation of Investment Advice, Investment Marketing and Investment Portfolio Management Law stipulates that providing investment advice, investment marketing, and investment portfolio management services is contingent upon obtaining an appropriate license from the Israel Securities Authority.

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June 18, 2026

Export Controls for AI Models – Practical Implications for Businesses Following the Anthropic Incident

On June 12, 2026, Anthropic announced that the US government had ordered it to immediately suspend foreign nationals’ access to its advanced AI models, Fable 5 and Mythos 5, pursuant to an export control directive issued on national security grounds.

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June 15, 2026

EU AI Act Update: First Look at Draft Guidelines on High-Risk AI Classification

Following progress on the Omnibus legislative package, the European Commission has published draft guidelines on the classification of high-risk AI systems. While not legally binding, the draft guidelines provide an early indication of how the Commission is likely to interpret and apply the AI Act’s risk-based framework in practice.

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June 10, 2026

Service Provider Convicted of Algorithmic Trading in Unlicensed Foreign Trading Platform

Installing a “robot” for algorithmic trading and defining its parameters is not deemed a “technological service” but may constitute investment portfolio management, which requires a license. This is because the service provider retains material discretion (choice of platform, transaction volume, profit and loss targets, and risk management), even when the account and funds are in clients’ names.

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May 23, 2026

Global Operations Under Sanctions and Restrictions: A Professional Webinar for Israeli Companies and Exporters

The international business environment for Israeli companies is evolving rapidly. As part of a professional webinar hosted by our firm in collaboration with the Israel Export Institute, Prof. Amichai Cohen will discuss the practical implications of emerging sanctions, restrictions, and regulatory barriers affecting Israeli companies operating in global markets. The webinar will address key legal and commercial risks, the challenges companies and exporters are encountering in practice, and practical strategies for mitigating exposure and preparing for an increasingly complex international landscape.

May 14, 2026

Lecture: “Legal Opportunities and Risks in Artificial Intelligence” – Law and High-Tech Club

Adv. Masha Yudashkin, from the firm's Privacy, Cyber, and Artificial Intelligence Department, delivered a lecture at the third meeting of the Law and High-Tech Club at the Faculty of Law of Bar-Ilan University, titled “Legal Opportunities and Risks in Artificial Intelligence.” The lecture addressed the key legal and technological challenges in the field, including the need for regulation, the development of corporate governance and risk management mechanisms, and the balance between innovation and data security in both the private and public sectors.

May 14, 2026

Proposed Changes to the EU AI Act – Practical Implications for Israeli Companies

The European Parliament has announced that agreement has been reached on the Digital Omnibus proposal for changes in the EU AI Act. Although still subject to completion of the formal legislative process, these changes represent a significant regulatory development and provide greater clarity as to the direction of EU AI legislation.

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May 12, 2026

Globes: Returning from In-House Roles to Law Firms

Adv. Efrat Cohen, a senior partner at our firm, was interviewed by Globes about the growing movement between law firms and in-house legal roles, and the return to private practice. She discussed her own transition back to private practice following senior positions in the business sector, including serving as Head of Regulation in the Legal Division of Bank Leumi. According to Efrat, working within a corporate environment provided her with a broader understanding of decision-making processes, risk management, and clients’ practical business needs.

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May 7, 2026

ISA Publishes Directive Regulating One-Off Advisory Services and Alternative Assets

At the end of April 2026, the Israel Securities Authority (ISA) published a new draft directive regulating the activities of licensed investment advisors and marketers when providing one-off services and services in relation to alternative assets. The purpose of the directive is to reduce information asymmetries and mitigate potential conflicts of interest identified during ISA audits that, in some instances, even resulted in enforcement proceedings.

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