Israeli officials look to remove obstacles to securitisation

Report published by Bank of Israel recommends ‘major legislative amendments’

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Israel should make a series of "major legislative amendments" to make securitisation a more attractive prospect in its financial market, according to a report published by the Bank of Israel this week.

The report, authored by the Joint Team to Promote Securitisation in Israel that features representatives from the Bank of Israel, the Israel Securities Authority, the ministry of justice, the ministry of finance and the Israel Tax Authority, has been several years in the making.

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