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Goshen Report

Israel Current 2006

The recommendations focus on improvement of director independence, particularly in all matters related to good corporate governance and transparency.

Issuer name

Israel Securities Authority (ISA)

More information

It addresses matters regarding approval of related party transactions, improvement in the workings of auditing\balance committees, pertaining to approval of company's financial statements, improvement of corporate disclosure and accountability and establishment of a Court for Securities and Corporate Offences. The Committee believes that the best way to implement these principles is through the imposition of disclosure requirements on public companies. . The disclosure requirements highlight the conduct corporations choose to undertake, with the expectation that the capital market will process and uses this information as part of the decision-making process regarding investments in various companies and securities pricing.

Organizations covered by the instrument

All Companies

Industry scope

All/none specified

ESG coverage- G (Governance)

Structure & Leadership

Status

Current

Country

Israel

Region

Africa & Middle East

Date of publication

2006

Issuer type

Financial Market Regulators

Reporting requirements

Other e.g. action plan, strategy, programme, voluntary initiative

Mandatory or voluntary

Mandatory

The geographical scope

National/federal

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