Israel Securities Authority
The Israel Securities Authority is the national securities regulator of Israel, established in 1968 to protect investors and supervise the capital market.
The Israel Securities Authority (ISA) is the national securities regulator of Israel, established in 1968 under the Securities Law. Its mandate is to protect investors, ensure fair and transparent capital markets, and reduce systemic risk.[1]
Mandate
The ISA supervises the Tel Aviv Stock Exchange, mutual funds, portfolio managers, investment advisers and public companies' disclosure. It licenses investment professionals and enforces insider-trading and market-manipulation prohibitions.[1]
Relationship to other regulators
Banking supervision belongs to the Bank of Israel, while long-term savings products such as Kupat Gemel and Keren Hishtalmut are supervised by the Capital Market, Insurance and Savings Authority. The ISA's role parallels that of the US Securities and Exchange Commission and Australia's ASIC.[2]
Sources
- [1] Israel Securities Authority — ISA Primary source
Cited for: Established 1968 under the Securities Law; supervises TASE, funds and disclosure
- [2] Bank of Israel — official site (English) — Bank of Israel Primary source
Cited for: Banking supervision belongs to the Bank of Israel
