כניסה

Stock Exchange and Trading Platforms Supervision Department

The Department for Supervision over the Stock Exchange and Trading Platforms coordinates the ISA's supervision and control over the proper and fair management of the Tel-Aviv Stock Exchange. ‎‎ ‎‎The department derives its power from the provisions of the Securities Law, especially Chapter 8 of the Law, which deals with the ISA's powers regarding setting the Stock Exchange's by-laws and regulations, and its directives as well as its duty to supervise, as aforesaid, the Stock Exchange's proper and fair management. ‎‎

The Department supervises the Stock Exchange's Clearing Houses, as defined under Section 50A of the Law, in order to ensure its stability and efficiency. ‎‎For this purpose, the Department assesses, among other things, whether the Clearing Houses has met its requirements under international standards. ‎‎

The Department ensures that supervision over Stock Exchange members focuses on substantial issues, by using adequate methods and audit tools, so as to minimize lapses and risks embodied in members' activities.

The Department's representatives participate in meetings of the Stock Exchange's board, Clearing Houses and various committees, serving as observers. ‎‎

‎‎The Stock Exchange's proposed changes to its Rules and Regulations and its provisions are reviewed by the Department, and passed on to the ISA plenum for recommendations or approval.

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22 Kanfei Nesharim St., Jerusalem 95464. Tel: 02-6556555, Fax: 02-6513646
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