Israel Securities Authority
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TEL AVIV, Israel -- Ampal-American Israel Corporation - (NASDAQ:AMPL) announced today that it has filed a preliminary prospectus with the Israel Secur...
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Beginning in 2008, most Israeli public companies were required to adopt International Financial Reporting Standards (IFRS) for financial reporting. Previously, Israel followed its own set of financial reporting standards, Israeli GAAP, which was very rules-based, in comparison to the more principles-based IFRS. Israel is a highly industrialized country with a significant public company presence in the high-tech, biomedical, healthcare, pharmaceutical, and defense technology industries. Public companies in Israel are regulated by the Israel Securities Authority (ISA). The ISA further oversees the promulgators of Israeli GAAP. IFRS requires a more detailed segment disclosure than Israeli GAAP. Many companies were wary of the amount of segment disclosure required under the new standards. B...
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Receives A2 Rating From Midroog Ltd. (An Affiliate of Moody's Investors Service)
TEL AVIV, Israel -- Ampal-American Israel Corporation -- (NASDAQ: A...
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This paper examines the securities activities of banks in Israel. The relatively new legislation dealing with this aspect - Regulation of Investment Advice and Investment Portfolio Management Law - was enacted in 1995 as a lesson learned from the Share Regulation Affair of October 1983. In many ways in economic history, 1983 was for Israel what 1929 was for the US. Israel's episode is compared with the US episode and the comparison is used to review the adequacy of the Israeli legislative response to the Crisis of 1983. The Law was enacted, primarily, based on American experience and legislation. The legislation enacted in both countries is compared. To better understand the differences, the unique financial market in Israel is introduced. The recent legislative development in the US (i...
....65 "National banks have similar authority under their general banking powers to provide fina...
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Business Editors/High-Tech Writers
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--Dec. 4, 2003
Sapiens International Corporation (Nasdaq:SPNS) and...
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ROSH HA'AYIN, Israel -- Partner Communications Company Ltd. (NASDAQ, Tel Aviv: PTNR, London: PCCD) announced today that it has filed a draft prospectu...
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Business Editors
PETAH TIKVA, Israel--(BUSINESS WIRE)--Oct. 27, 2003
Gilat Satellite Networks Ltd. (Nasdaq:GILTF), a worldwide leader in satellite...
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HERZLIYA, Israel -- Optibase Ltd. (NASDAQ:OBAS) ("Optibase" or the "Company") today announced that its Board of Directors had authorized the filing of...
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Business & High Tech Editors
YAVNE, Israel--(BUSINESS WIRE)--May 30, 2000
Arel Communications and Software Limited (NASDAQ NMS:ARLCF) announced to...
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The $40 Million of Proceeds Raised in the June 2007 Offering Which Were Held in Escrow Are to be Released to the Company
MIGDAL HAEMEK, Israel -- To...