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Amit Steinman

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Amit Steinman is a partner at the Israel based law firm S. Horowitz & Co. He advises on the full range of corporate and commercial transactions with a particular focus on mergers and acquisitions, joint ventures, equity investments, capital markets and acquisition financing. His clients include multinational corporations, financial institutions, private equity funds and start-up companies, spanning a wide range of sectors including technology, energy, infrastructure, telecoms, homeland security, financial services, media and clean-tech.

On January 21, 2015, the Capital Markets, Insurance and Savings Department at the Israeli Ministry of Finance issued a draft circular which imposes, among other things, certain obligations and restrictions on Israeli financial institutions when giving leveraged loans, including disclosure and reporting obligations and establishing particular internal requirements and underwriting…

The Israeli Securities Authority (the “ISA”) has followed in the SEC’s footsteps, and recently published guidelines with regard to the measures to be taken by issuers in order to ensure that investors in private placements are indeed “Sophisticated Investors” within the meaning of the Securities Law, 1968 (the “Securities Law”).…

After attracting the attention of the Israel Bar Association and generating considerable controversy, the 13th Amendment to the Israeli Prohibition on Money Laundering Law (“the Amendment”) has been approved by the Israeli parliament. According to the Amendment, for the first time, lawyers and accountants are required to actively collect information…

Trading platforms are web-based platforms that enable investors to trade in financial assets, such as foreign currency derivatives. As a result of the Internet revolution, these platforms provide an alternative trading system to that provided by banks and financial institutions which are subject to regulation by the Bank of Israel.…

Until recently, an offer of foreign mutual fund units to the public in Israel was possible only under a fund prospectus approved by the Israel Securities Authority (ISA), unless the ISA exempted the fund from its duty of publishing such prospectus. Since this process was expensive and difficult, such exempts…