Tax, Capital Markets, AML, Police Raid Unlicensed Firms
Israeli Tax, Capital Markets, AML, and Police raid dozens of unlicensed financial firms suspected of money laundering and tax offenses.
Capital Market Authority
Capital Market Authority Revokes Licenses of Five Additional Finbert Agents Key to Slice Scandal
Israel's Capital Market Authority has revoked five additional Finbert agent licenses, concluding action against 12 key figures in the Slice financial scandal.
Capital Market Authority Revokes 12 Insurance Agents’ Licenses
Israel's Capital Market Authority revoked 12 insurance agents' licenses in a major enforcement action tied to the 2022 Slice affair, where NIS 850 million went.
Court Ruling Requires One Billion Shekels Be Returned to Public by Insurance Firms
Insurance firms must return 1 billion shekels to the public following a court ruling on the "Policy Factor" class action lawsuit in Jerusalem.
Unprecedented Fine Imposed on Firm for Money Laundering Offenses
Financial services provider Hanin Ayoub of Acre faces an unprecedented over 2 million Shekel fine and license revocation for money laundering violations.