Publications -

New Israeli Lending Legislation

New Israeli legislation regulating the non-institutional financial services sector in Israel (the Financial Services Supervision (Regulated Financial Services), 5776 – 2016 Law, the “Law”) was adopted by the Israeli legislature in July 2016. The law imposes a new licensing regime, by authorising the Ministry of Finance (principally through the Capital Market, Insurance, and Savings Commissioner) to issue licences to individuals or companies that wish to provide either (i) financial asset services (including currency exchange and certain virtual or pre-paid currencies commonly used in the Fin Tech sector) or (ii) provision of credit, defined in a broad manner, as “providing credit by way of occupation”.

This bulletin addresses a number of questions such as who is exempt from obtaining a license; what regulations apply to licensees, and whether the legislation applies to foreign entities.

Please click here to read the bulletin in full.

Corporate and M&A and Banking and Finance Practices

 Epstein Rosenblum Maoz (ERM)’s Corporate and M&A practice is widely renowned for their cross-border expertise and ERM regularly advises leading Israeli and international clients on the most complex transactions carried out in Israel or by Israeli companies abroad.
ERM’s Banking and Finance practice has also gained extensive experience advising international and Israeli commercial and investment banks, corporates and funds on a broad range of financing transactions, including syndicated loans, acquisition finance, leverage finance and structured finance.
If you have further queries or to learn more about ERM’s corporate M&A and banking and finance practices please contact Amnon Epstein, Nimrod Rosenblum or Natalie Noy.
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News -

It’s a Match: Mergers & Acquisitions in the Economy are Increasing Despite the Economic and Geopolitical Crises

Despite the security situation, the Israeli market produces several interesting private equity transactions – even without connection to high-tech. The private investment funds purchase a company, corporation or factory, invest in them and improve them – and then sell them again. Adv. Nimrod Rosenblum, Partner and Head of the Corporate and M&A department at Epstein […]

Deals -

Israir Airlines Completes the Acquisition of 75% of Bird Aviation’s Shares

We congratulate our client, Israir Airlines, on completing the acquisition of 75% of the shares in the Cypriot logistics company Bird Aviation. The deal was overseen by Attorney Nimrod Rosenblum – Managing Partner and Head of the Mergers and Acquisitions Department, and Adv. Michal Gazit and Adv. Noam Zimmerman – Attornies in our Mergers and […]

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