1058

  • Issue: November 2018
  • Designer: Zvika Roitman
  • Stamp Size: 30 mm x 40 mm
  • Plate no.: 1103
  • Security mark: Microtext
  • Sheet of 15 stamps, Tabs: 5
  • Printers: Cartor Security Printing, France
  • Method of printing: Offset

In 1968, the Israeli parliament (Knesset) passed the resolution to establish the Israel Securities Authority– a regulatory agency whose main function is to protect the interests of the investor public. This year, the ISA celebrates 50 years of fruitful activity in three key areas: protection of investors, development of tools and products for capital market investments, and management of a regulatory and enforcement system that promotes a fair market investment culture.

Over the years, the capital market has become one of the main pillars of Israel's economy. The capital market allows firms and businesses to raise capital for businesses development, and it contributes to economic growth, employment and innovation. At the same time, the capital market allows the general public to benefit from the success of major firms in the economy by investing in these firms and generating gains on public savings.

A well-operating capital market cannot exist without a high standard of conduct by the entire financial sector, including the entities that provide financing to the capital market. The operations of the ISA are designed to protect investors' interests by defining high standards of practice, by enforcing these rules to ensure compliance by all the players in the market, and by developing  a diverse and competitive capital market.

Today, the ISA oversees all capital market activities including the operations of the Tel Aviv Stock Exchange, where the securities of the State of Israel and many companies are traded; public issues of securities by companies that seek financing for their operations; the activities of mutual funds, which offer the public liquid and convenient investment channels; and the activities of numerous financial brokers including investment advisors, portfolio managers and others.

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Israel Securities Authority - 50 Years