On 31 December 2019, the temporary directive allowing Israeli non-banking financial institutions to pay certain external management fees out of their assets under management, will expire. This might affect, among other things, the scope and nature of investments made by Institutional Investors in investment funds.
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RegisterInvestments by Israeli Non-Banking Financial Institutions in Investment Funds - Points to Consider Ahead of the Expiration of the Temporary Directive
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Israel
November 21 2019
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Thomas Grozinger
Principal Trust Specialist
RBC Wealth Management
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