Proposed Amendments to the TASE Bylaws to Allow Dual Listing of Foreign REITs The Tel-Aviv Stock Exchange (“TASE“) has recently announced proposed amendments to its Bylaws to allow the dual listing on the TASE of foreign Real Estate Investment Trusts (REITs). Currently, only entities that are organized as limited companies may dually list their shares […]
On February 10, 2016, the Israeli Parliamentary Finance Committee approved regulations (“Regulations”) which will enable the public offering of foreign mutual fund units in Israel. The Regulations will take effect within six months from the date of publication. Prior to the enactment of the Regulations, the Israeli Joint Investment Trust Law permitted the offering of […]
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