The Supervision of Financial Services (Regulated Financial Services) Law, 5776-2016: Draft Legal Position Paper and Draft Regulations Regarding Territorial Application of the Law and Exemption from Licensing Requirement
Categories: Banking & Finance
On 28th May 2017, the Capital Market, Insurance and Savings Authority (the “Capital Market Authority”) published a draft legal position paper regarding territorial application of the Supervision of Financial Services (Regulated Financial Services) Law, 5776-2016 (the “Law”), which came into force in respect of the provision of credit on 1st June 2017, and separate draft regulations regarding exemption from licensing under the Law.
