LawsWhole Knesset
Opposition
Coalition
Opposition
Opposition
Opposition
Opposition
Opposition
Coalition
חוק השקעות משותפות בנאמנות (תיקון מס' 31), התשפ"ד-2024
Government bill · Published 3 Jul 2024
- 1Tabled
- 2Reading 12 Apr 2024
- 3Committee
- 4Readings 2-31 Jul 2024
- 5Published3 Jul 2024
How it affects you
Investors will have access to money market funds, while financial firms may advise and market them without a license after notifying the regulator. Fixed-date funds may set redemption intervals of up to 12 months, or up to 36 months under regulator rules, and may require advance notice.
Who gains
- Fund managers May set fixed dates for offering and redeeming fund units Section 7
- Financial firms May advise on and market money market funds without a license after notifying the regulator Section 18
- Israel Securities Authority May set rules and instructions for money market funds Section 15
Who pays
- Unit holders May have to give advance notice before redeeming units Section 7
Under the table
Late-night vote
The final vote took place at 23:29.
How they voted
| Vote | Count |
|---|---|
| For | 15 |
| Against | 0 |
| Abstained | 0 |
| Did not vote | 105 |
Who was in the room
ועדת הכספים
3 committee meetings on this law
Invited most often
- הרשות לניירות ערך10
- רשות לניירות ערך7
- בנק ישראל4
- משרד האוצר3
- מטה משפחות החטופים3
- רשות התחרות2
- פורום הגבורה2
- תנועת העצמאיים1
3 committee meetings
- 27 May 2024ועדת הכספים
- 3 Jun 2024ועדת הכספים
- 19 Jun 2024ועדת הכספים