The Israel Securities Authority

Country

Israel

Jurisdiction

Government Reg.

Established in

1968

Overall Rating

Licensed Brokers

High

Transparency Index

Tier 2

Global Tier

IOSCO Member

FATF Member

Key Performance Indicators

Total Rating

450

Total cumulative score across all categories

Average Rating

Average score across all performance metrics

Years Active

Years of regulatory operation

Active Licenses

Currently active licenses

Regulated Instruments

Types of financial instruments

Geographical Coverage

Countries under jurisdiction

Client Protection Details

Client Fund Insurance

Insurance coverage protecting client deposits and funds

✓

Status:No mandatory insurance (but strict fund segregation)

Coverage: No mandatory insurance (but strict fund segregation)

Account Managed Separately

Requirement for client funds to be held separately from company funds

✗

Status:Not Supported

Negative Balance Protection

Protection against negative account balances in trading

✗

Status:Not Supported

Investment Professional Support

Access to qualified investment professionals and advisory services

✗

Status:Not Available

Operational Metrics

compliance

Transparency Level

High

market

Market Position

Tier 2

regulatory

Regulatory Approach

Government-regulated

Coverage

Prohibited Countries

USA - North Korea - Iran - other sanctioned countries

Compliance Status

IOSCO Membership

Member of International Organization of Securities Commissions

✓ Compliant

FATF Membership

Financial Action Task Force compliance

✓ Compliant

Fund Insurance

Client fund protection schemes available

✓ Compliant

Account Managed Separately

Mandatory client account segregation

✗ Not Available

Regulatory Performance Scores

Detailed assessment of regulatory capabilities and effectiveness

Good

75SCORE

Overall Rating

Excellent

Excellence Rate

Highest Score

Above Average

Regulatory Support Features

Negative Balance Protection

Not Supported

Investment Professional

Not Supported

Account Managed Separately

Not Supported

Core Performance Metrics

Detailed breakdown of the 6 key regulatory performance indicators

License Value

Value and prestige of licenses issued by this regulator

out of 100

Good

Regulatory

Effectiveness of regulatory framework and enforcement

out of 100

Good

Institutional

Institutional strength and organizational capability

out of 100

Good

Risk Management

Risk assessment and management protocols

out of 100

Good

Investment Protection

Investor protection measures and safeguards

out of 100

Good

Client Fund Insurance Rating

Client fund protection and insurance coverage

out of 100

Average

Performance Summary

This regulator shows good performance with an overall score of 75.

Strongest performance in License Value

Transparency Level: high

Global Tier: tier2

IOSCO Member

FATF Member

Overall

The Israel Securities Authority

Country

Israel

Jurisdiction

Government Reg.

Established in

1968

Overall Rating

Licensed Brokers

High

Transparency Index

Tier 2

Global Tier

IOSCO Member

FATF Member

About The Israel Securities Authority

The Israel Securities Authority (ISA) is Israel's national securities regulator, responsible for maintaining a transparent, fair, and secure capital market.

The ISA was established in 1968 under Israeli law.The ISA operates under the critical mandate of balancing the protection of the investing public and ensuring the development and innovation of Israel's financial markets.Over the last few decades, Israel's capital market has emerged as a pillar of the national economy.

Through the capital market, companies have access to the funds that are required for growth and expansion.

In doing so, they facilitate growth, job creation, and technological innovation, thereby becoming a significant driver of Israel's economic development.

At the same time, it allows the public to benefit from the success of some of Israel's leading companies, thereby increasing household savings and financial inclusion.

Mission and Strategic Objectives

The ISA has two primary mandates:

1.Protecting investors by ensuring that public investments are secure, transparent, and based on the facts.

2.Developing the market by creating a modern, innovative, and competitive regulatory landscape that allows for sustainable growth.

These two pillars provide the framework for the ISA to create a balanced ecosystem where companies can efficiently raise funds and investors can enter into investments with confidence.

Regulatory Philosophy and Approach

For a capital market to be stable and competitive, it must be built on high ethical and operational standards.The ISA imposes rigorous guidelines to ensure that every entity in Israel's financial ecosystem adheres to these guidelines.

Official Description