© All rights reserved to Barnea Jaffa Lande Law offices

Regulation

Key partner

P. Banking & Finance, Capital Markets, FinTech, Regulation

Key partner

P. Banking & Finance, Competition Law and Antitrust, Internet, Privacy Law, Regulation, Telecom & Media

The regulatory burden has intensified in Israel in recent years. In certain fields, the level of regulation in Israel is higher even than in much of the developed world.

This regulation applies to almost every business area our customers operate in: competition and antitrust, banking, capital markets, communications, privacy, life sciences and pharma, environment, infrastructure and energy, and more. Legislative developments in these areas, together with increasing criminal and administrative enforcement in cases of regulatory violations and a growth in private enforcement, require corporations and their managers to be familiar with the regulation in their fields and to consider regulatory issues when making business decisions.

 

Our regulatory team provides solutions to corporations working in a variety of areas including antitrust, banking, capital market, financial services and payment solutions, telecom and media, privacy, food, health, agriculture, environmental protection, business licensing, infrastructure and energy, and more.

 

Our firm offers both knowledge and experience in providing opinions on regulatory issues, advising on licensing and certification processes, and guiding during transactions and entry into activity in Israel. In addition, we represent clients before various regulatory authorities, including the Capital Market Commissioner; the Israel Securities Authority; the Tel Aviv Stock Exchange; the Antitrust Authority; the Second Authority for Television and Radio; the Council for Cable TV and Satellite Broadcasting; the Israeli Law, Information and Technology Authority; the Israeli Dairy Board; and the Center for Local Government, as well as before various government ministries, Knesset committees, and more.

 

Regulation often serves as a barrier to foreign companies looking to operate in Israel. Thanks to our international reputation, we have become the address for foreign companies seeking both different opinions on their current activities in Israel and accompaniment in all the various regulatory issues with which they must contend.

News and updates - Regulation:


October 25, 2020

H&M Fined EUR 35 Million for Violating Employee Privacy in Germany

In early October, the Data Protection Authority in Hamburg, Germany announced that the clothing retailer H&M committed severe violations of its employees' privacy. Because of these European General Data Protection Regulations (GDPR) violations, the retailer would pay a fine of approximately 35 million euros.

July 14, 2020

Does Covid-19 Void Contracts?

The inter-ministerial team assembled to examine the consequences of the Covid-19 crisis on contractual agreements has recently published its recommendations.

July 9, 2020

Fintech Companies: New Program to Facilitate Regulatory Reliefs

Although Israel is a world leader in the fintech field, companies operating in this area face many regulatory challenges. A newly published legal memorandum aims to enable the creation of a “sandbox”, with inspiration from various programs already implemented in Japan, Australia, and Singapore. The goal is to establish a unique experimental environment, a “regulatory sandbox,” where regulatory relief is granted to companies who choose to participate in the program.

Regulation

The regulatory burden has intensified in Israel in recent years. In certain fields, the level of regulation in Israel is higher even than in much of the developed world.

This regulation applies to almost every business area our customers operate in: competition and antitrust, banking, capital markets, communications, privacy, life sciences and pharma, environment, infrastructure and energy, and more. Legislative developments in these areas, together with increasing criminal and administrative enforcement in cases of regulatory violations and a growth in private enforcement, require corporations and their managers to be familiar with the regulation in their fields and to consider regulatory issues when making business decisions.

 

Our regulatory team provides solutions to corporations working in a variety of areas including antitrust, banking, capital market, financial services and payment solutions, telecom and media, privacy, food, health, agriculture, environmental protection, business licensing, infrastructure and energy, and more.

 

Our firm offers both knowledge and experience in providing opinions on regulatory issues, advising on licensing and certification processes, and guiding during transactions and entry into activity in Israel. In addition, we represent clients before various regulatory authorities, including the Capital Market Commissioner; the Israel Securities Authority; the Tel Aviv Stock Exchange; the Antitrust Authority; the Second Authority for Television and Radio; the Council for Cable TV and Satellite Broadcasting; the Israeli Law, Information and Technology Authority; the Israeli Dairy Board; and the Center for Local Government, as well as before various government ministries, Knesset committees, and more.

 

Regulation often serves as a barrier to foreign companies looking to operate in Israel. Thanks to our international reputation, we have become the address for foreign companies seeking both different opinions on their current activities in Israel and accompaniment in all the various regulatory issues with which they must contend.

Key partner

P. Banking & Finance, Capital Markets, FinTech, Regulation

Key partner

P. Banking & Finance, Competition Law and Antitrust, Internet, Privacy Law, Regulation, Telecom & Media

News and updates - Regulation:


October 25, 2020

H&M Fined EUR 35 Million for Violating Employee Privacy in Germany

In early October, the Data Protection Authority in Hamburg, Germany announced that the clothing retailer H&M committed severe violations of its employees' privacy. Because of these European General Data Protection Regulations (GDPR) violations, the retailer would pay a fine of approximately 35 million euros.

July 14, 2020

Does Covid-19 Void Contracts?

The inter-ministerial team assembled to examine the consequences of the Covid-19 crisis on contractual agreements has recently published its recommendations.

July 9, 2020

Fintech Companies: New Program to Facilitate Regulatory Reliefs

Although Israel is a world leader in the fintech field, companies operating in this area face many regulatory challenges. A newly published legal memorandum aims to enable the creation of a “sandbox”, with inspiration from various programs already implemented in Japan, Australia, and Singapore. The goal is to establish a unique experimental environment, a “regulatory sandbox,” where regulatory relief is granted to companies who choose to participate in the program.

Enter your email for newsletter sign up: