Regulatory Alerts2011-07-17
Added · Updated
Regulations on the Organization and Operation of the Israeli Capital Market, Investment Advice and Investment Services, 5771-2011
The Capital Market, Investment Advice and Investment Services Authority issues these Regulations to establish operational standards for all licensed market participants in Israel. The rules mandate strict licensing, organizational structures with compliance officers, and internal controls to prevent fraud and money laundering. Participants are required to prioritize client interests, disclose conflicts of interest, maintain records for at least seven years, and submit regular supervisory reports. Violations may result in administrative penalties, including fines, license suspension, or revocation.
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