Country Manual Credits
Israel – Update 2024
BRP has updated its Country Manual Credits for Israel – (RT, BT & Def)
| Source of changes | Answers |
|---|---|
| Law / Regulation | Yes |
| New Position of the Authorities | No |
| Evolution of Expert’s Interpretation | No |
Regulatory Template
Material changes
The Country Manual has been reviewed to ensure that the content of all documents remains accurate and in line with the evolving interpretation of the current legal and regulatory framework. We can confirm that there have been no relevant legal or regulatory changes in Israel since the last update of the manual with the exception of the former temporary OECD credit exemption, which has become permanent since the Supervision of Financial Services Regulations (Regulated Financial Services) (Exemption from Licensing) entered into force on 26 October 2022.
Non-material changes
There have only been minimal, non-material changes.
Behaviour Template
The answers in the BT have been aligned to those contained in the RT.
Definitions and Concepts
The document Definitions and Concepts includes a Concordance Table. This Table is designed to help the users of the Country Manual Credits easily recognize existing or potential interactions between the rules of different types of credits.
For more information, please contact us: info@brpsa.com
Geneva, June 21st, 2024