Israel to ease dual-listing with HK, Singapore, Toronto

Jerusalem

THE Israel Securities Authority (ISA) said on Sunday it approved a plan to allow Israeli companies traded in Singapore, Hong Kong and Toronto to easily dual-list on the Tel Aviv Stock Exchange (Tase). "These are markets whose regulatory level is as high as in Israel and dual-listing could encouraging trade on Tase," ISA chairman Shmuel Hauser said.

In 2000, the dual-listing programme was launched for Israeli companies traded in New York and London, and since then, more than 60 companies have dual-listed.