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Yigal Arnon & Co logo
Yigal Arnon & Co. is one of the most respected and dynamic law firms in Israel, with a proven track record of innovation and quality in meeting its…
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Yigal Arnon & Co | Israel | 18 Jan 2022

Israeli banking regulator determines new approach to cryptocurrencies

Israeli banks have repeatedly refused to allow their clients to receive payments derived from their cryptocurrency activities, stating that the funds are derived from an unknown origin and the transactions are deemed as risky overall in terms of anti-money laundering and terrorism financing laws. However, the Israeli supervisor of banks recently published draft updates to the Proper Banking......
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Yigal Arnon & Co | Israel | 13 Jan 2022

New Israeli Banking Approach Towards Cryptocurrencies - the Jury is Still Out

If you would ask the constantly growing Israeli cryptocurrencies community what’s their biggest obstacle you'll most certainly get the response: the…
Commentary
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Yigal Arnon & Co | Israel | 11 Jan 2022

Extension of credit in Israel – changes in licensing exemption regulations

Since 2017, engaging in the extension of credit in Israel has been subject to a licensing requirement under the Supervision of Financial Services (Regulated Financial Services) Law 2016. Certain exemptions from the licensing requirement have been available under the Supervision of Financial Services Regulations (Regulated Financial Services) (Exemption from Licensing) (Temporary Order) 2018,......
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Yigal Arnon & Co | Israel | 9 Jan 2022

What Should Creditors to Israeli Borrowers should Know about Israeli Insolvency Law

The Israeli Insolvency and Economic Rehabilitation Law, 2018 (the "Insolvency Law") includes two insolvency proceedings for corporations -…
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Yigal Arnon & Co | Israel | 10 Dec 2021

Restructuring & Insolvency in Israel

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Yigal Arnon & Co | Israel | 7 Dec 2021

New Israeli legislation implements first legislative stage of open banking reform

In recent years, the Israeli government and the Bank of Israel have been initiating various actions that are intended to implement the open banking reform. The primary aim of the reform is to increase competition in the Israeli financial services market, which is currently rather concentrated and consists of a relatively small number of players. One of the key steps of the reform is the......
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Yigal Arnon & Co | USA | 1 Dec 2021

Innovation and Women's Health- Cultural, Medical and Legal Perspectives

This article aims to serve entrepreneurs and investors to better understand the market, women's Health needs, the obstacles to success and some of…
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Yigal Arnon & Co | Israel | 2 Nov 2021

Israeli banks can now pledge their assets more freely

For many years, Israeli banks have been subject, under the directives issued by the Bank of Israel, to specific restrictions on their ability to create pledges over their assets. However, under a new directive published by the Bank of Israel, such quantitative restriction will be cancelled. Instead, Israeli banks are required to determine a proper policy for pledging their assets and to adopt......
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Yigal Arnon & Co | USA | 31 Oct 2021

The FDA’s New Release: Good Machine Learning Practice for Medical Device Development - Guiding Principles

The USA Food and Drug Administration (the FDA) has just published principles for Good Machine Learning Practice for Medical Device Development (GMLP…
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Yigal Arnon & Co | USA | 4 Aug 2021

Artificial Intelligence in Medicine - The Federal Trade Commission’s Guidance

Artificial Intelligence (AI) is the era’s most promising technology, underlying new achievements in a wide variety of fields, from automated cars and…
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