Regulation of Securitization Transactions Bill
Translated from Hebrew: הצעת חוק להסדרת עסקאות איגוח
TL;DRA bill to regulate securitization transactions in Israel, providing a legal and economic framework for transactions transferring rights to expected cash flows.
Translated from Hebrew
What does the bill do?
The bill regulates securitization transactions in Israel for the first time – that is, the sale of contractual obligations or deposits secured by specific assets. The bill sets conditions for entering into these transactions, the types of assets permitted as backing, the types of entities that may carry out such transactions, and supervision and regulatory requirements. The aim of the bill is to develop the capital and credit market in Israel, improve the allocation of financial resources, and increase competition in the intermediation margin of credit provision.
The votes on this bill
Coalition 68 seats
Left the coalition 8 seats
Opposition 44 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown