Adv. Yoav Friedman in an op-ed regarding boards of directors’ freedom to approve executive bonuses and how this may impact the companies’ performance (Hebrew):
In July 2014, amendment 13 of the Anti-Money Laundering Law was approved, imposing duties of identification, client awareness and record-keeping on business service providers – accountants and lawyers.
In November 2014 the Constitution, Law and Justice committee approved the order. The order will come into force 9 months of publication (02.12.2014). This memorandum will review the principles of law and order.
Over the past weekend, the European Parliament approved promotion of the initiative to break up Google. Itay Frishman interviewed for Ynet on the matter: