French and Israeli Financial Regulators Sign Cooperation Agreement

The financial regulators of both countries have agreed to cooperate closely with each other in several key areas.Focusing primarily on sharing information that will ensure better investor protection and financial innovation, the agreement was signed at the annual conference of the International Organization of Securities Commissions (IOSCO) in Sydney.The French AMF and the Israeli ISA will be exchanging information on fintech trends in their respective markets as well as discussing regulatory issues related to blockchain, crypto-assets, artificial intelligence or the use of data and the development of automated financial consulting.The iFX EXPO is Back in Limassol!Suggested articlesCMS Prime Looking Ahead in 2019 Amidst Growing Clientele, InfluenceGo to article >>The regulators stated that they intend to support innovative companies in their international development and assist them to better understand the regulations in each jurisdiction.

The cooperation between our two authorities will provide significant synergies for both markets and a better mutual understanding of innovation trends.”Anat Guetta, President of ISA, elaborated that Israel is known as a nation for start-ups.

We have signed a cooperation agreement with the International Forum for Advancement of Financial Technology (GFIN) and we are part of the government Sandbox team.

The agreement with France, promotes an innovative approach to regulation,” Guetta elaborated.