Final Report of the Inter-Ministerial Committee for the Study of the Establishment of a Dedicated Stock Exchange for Small and Medium-Sized Companies in Israel
The ISA, together with other regulators from all around the world, has today launched the Global Financial Innovation Network (GFIN), an international network for promotion of financial innovation. The GFIN is a network of 29 financial regulators and international agencies, including the IMF and the World Bank Group, that are committed to support financial innovation with a view to the interests of the investors. The initiative for the international network was developed by the British regulator (the FCA) and other organizations, with the aim of establishing an international sandbox and a forum in which leading regulators worldwide can share practical and innovative information.
The ISA would like to alert the public to the risks involved in unregulated investments – Investments in projects that have not published a prospectus approved by the ISA, or investments through parties that have not been licensed by the ISA.