Update BRP Country Manual Products
Israel
without License out of Service Provider’s Country of Establishment (DEF, RO & BT)
| SOURCE OF CHANGES | ANSWERS |
|---|---|
| Law/Regulation | Yes |
| New Position of the Authorities | No |
| Evolution of Expert’s interpretation | No |
Definitions & Concepts, Regulatory Overview and Behaviour Template
The Country Manual has been reviewed to ensure that the content of all the documents remain accurate and up to date.
Material changes
The Israeli Securities Authority (ISA) has updated the financial thresholds under Schedule 1 of the Israeli Securities Law for the classification of individuals as Professional Investors. The new thresholds, reflecting inflation and market developments, are as follows:
An individual will be deemed a Professional Investor if any one of the following criteria is met:
High Net Worth Individuals (HNWI):
Holds liquid assets of at least NIS 9,411,809 (Previous threshold: NIS 8,000,000).
High-Income Individuals:
Annual income in each of the last two years exceeds NIS 1,411,772, or on a family level, exceeds NIS 2,117,657 (Previous thresholds: NIS 1,200,000 and NIS 1,800,000 respectively).
Combined Assets and Income:
Holds liquid assets of at least NIS 5,882,380, and
Annual income in each of the last two years exceeds NIS 705,885, or NIS 1,058,827 on a family basis (Previous thresholds: NIS 5,000,000; NIS 500,000; NIS 600,000; and NIS 900,000 respectively).
Non-material changes
Some comments and content have been slightly reworded in the CM, without introducing substantive changes to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.
For more information, please contact us: info@brpsa.com
Geneva, August 27nd, 2025