On 1 July 2015, ESMA published an updated opinion on Israel's prospectus regime. This updated opinion uses Article 20 of the Prospectus Directive as a framework for assessing Israel's laws and regulations regarding prospectuses taking into account changes brought into effect in September 2012.
The opinion outlines the "wrapper" information that would be required to make Israeli prospectuses compliant with the Prospectus Directive, which would allow them to receive approval from the relevant Member State authority.
The full text of the report is available here:
https://www.esma.europa.eu/news/ESMA-issues-opinion-equivalence-Israeli-prospectus-regime
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