Search Results for: SRA
Two of Israel’s largest law firms are in merge talks to become the Israel’s largest law firm
July 18th, 2016
Naschitz Brandes in talks to merge with Shibolet If the merger materializes, the new firm will be Israel’s largest law firm with over 300 lawyers. Two of Israel’s largest law firms are in advanced talks to merge, sources inform ...
Cyprus Blocks Israel-Turkey Gas Pipeline Untill Ankara Mends Ties
July 7th, 2016
Turkey needs to mend relations with Cyprus before the Cypriot government will allow a Turkish-Israel gas pipeline to cross its territory, a government spokesman said. The remarks came a week after Israel and Turkey reached a rapprochement, ending a ...
Romanian police reveal Israel links to illegal binary options firms
July 7th, 2016
Romanian prosecutors are set to try at least 10 individuals involved in alleged forex and binary options fraud who were operating illegally on Romanian soil, the country’s Police Directorate for the Investigation of Economic Crimes told The Times of ...
Israel Gov’t plan to change the aim of Tel Aviv Stock Exchange
June 30th, 2016
Minister of Finance Kahlon will present a plan to reinvigorate the ailing Tel Aviv Stock Exchange by changing its aim and its ownership structure. The reform of the Tel Aviv Stock Exchange has picked up pace. On Sunday, Minister of Finance ...
iForex closes Israel operation
May 31st, 2016
Israel based retail forex broker iForex has announced on its website that it has decided to withdraw the application for Forex Broker license in Israel and to end its brokerage activities in Israel effective immediately. Clients can no longer ...
Bank of Israel: Israel’s Foreign exchange reserves increased in April
May 6th, 2016
Israel’s foreign exchange reserves at the end of April 2016 stood at $95,685 million, an increase of $904 million from their level at the end of the previous month. The increase was the result of: Foreign currency purchases by ...
Bank of Israel keeps the interest rate for May 2016 unchanged at 0.1 percent
April 25th, 2016
Inflation data: The Consumer Price Index for March declined by 0.2 percent, a slightly greater decline than the average of forecasters’ predictions for a decline of 0.1 percent. There was a seasonal price decline of 3.9 percent in the fruit ...
Israeli police collaborate with French regulator; 15 FX company directors under criminal investigation
April 20th, 2016
4XP, BForex, Sisma Capital, Tradaxa and Aston Invest involved in a massive scam operation that took an average of €210,000 from each victim The world of Forex and Binary Options scams in Israel is being dragged out by a ...
SRA shuts down five firms in the space of a week
April 12th, 2016
The Solicitors Regulation Authority today closed a fifth firm in the space of a week following suspicions of dishonesty. The regulator intervened into Huddersfield firm Taylor Knight and Wolff Ltd citing reason to suspect dishonesty on the part of ...
Israeli internet companies offering binary options and forex are coming under scrutiny
April 11th, 2016
Scam trading is ‘dark side’ of Israel tech leap Israeli internet companies offering customers around the world the opportunity to trade in “binary options” and speculate on currency fluctuations – the “forex” markets – are coming under scrutiny. Many ...
