In an effort to ease the regulatory burden on Israeli companies whose securities are traded on certain foreign exchanges, including companies that are listed only on such foreign exchanges and companies whose securities are dually listed for trading on the Tel Aviv Stock Exchange and such foreign stock exchanges, the Knesset’s Constitution, Law and Justice Committee approved an amendment to the Israeli Companies Law Regulations (Relief for Companies whose Securities are Listed for Trading on Stock Exchanges Outside of Israel), 2000.
We summarize the key reliefs provided by the recent amendment to the Relief Regulations in this update.
To read the full update click here.
