כניסה

The Department of International Affairs
The Department of International Affairs implements the ISA's strategy for incorporating the Israeli capital market into globalization processes in general and, in particular, for cooperating with entities engaged in supervision and enforcement in the area of securities worldwide. The Department is charged with handling all international facets of the ISA's work, including serving as a liaison with foreign supervisory bodies, international organizations and securities authorities, including signing memoranda of understanding for cooperation with those authorities and entities.
 
One of the main goals of the ISA's multi-year strategy, as part of its Road Map, is market development. Promoting the status of Israel's capital market around the world is a highly significant goal for the ISA, and is the responsibility of the International Affairs Department.
 
The Department pursues this goal in two main ways:
 
First, by harmonizing the Israeli Securities Law with exiting legislation in developed countries, while adjusting it – as far as possible – to the local regulatory infrastructure. International financial activity requires unifying regulatory requirements in areas under the ISA's purview. Organizations such as the International Organization of Securities Commissions – IOSCO strive to create uniform international policies and rules, to be adopted by its member entities. The ISA is an active member of IOSCO.  
 
Second, by incorporating the ISA into cooperation processes forged between supervision and enforcement entities in the field of securities worldwide. In this context, the ISA cooperates extensively with foreign authorities, which are party to the IOSCO Multi-lateral Memorandum of Understanding for consultation and cooperation and exchange of information. This agreement allows for exchange of non-public information between authorities, as well as mutual assistance in implementing enforcement activities. The ISA regularly receives and sends Requests for Assistance from foreign regulators under this agreement to cooperate in implementing enforcement activities.
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22 Kanfei Nesharim St., Jerusalem 95464. Tel: 02-6556555, Fax: 02-6513646
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