S. Horowitz & Co. has an extensive financial services and derivatives practice that advises many of the world's largest financial institutions and investment banks.  The firm provides strategic legal counsel and regulatory advice to international investment banks, investment houses and financial managers on all aspects on their carrying out of investment business in Israel and the structure and enforceability of entering into derivative transactions.  

Our expertise includes advising on:  

• The offering, marketing and promotion of financial products, including offshore annuities, mutual funds, life policies and other sophisticated and hybrid instruments
• The applicability of Israeli law and regulations, and the obtaining of the necessary regulatory approvals or licences for  conducting investment business or providing investment advice in Israel
• Derivatives, including multicurrency, commodity, interest rate and credit default swaps as well as contracts for differences, repos and other forms of hedging contracts based on standard and non-standard market documentation, including the effect and validity of netting and collateral
• Internet trading platforms for securities and forex
• Banking regulation, including advice to foreign banks and financial institutions on Israeli laws relating to the establishment of a banking presence in Israel, and advice on the application of banking regulations to real estate, securities and other non-banking activities involved in launching branch offices and subsidiaries in Israel
• The tax impact of financial instruments, including linked notes, receipts and mutual funds
• The setting up and structuring of investment and mutual funds and regulatory issues arising from their formation and operation