Financial Information Service Law, 5782-2021
חוק שירות מידע פיננסי, תשפ"ב-2021
Unofficial English translation — for reference only. It may contain errors or omissions and cannot be relied on as a legal text. Only the Hebrew text published in Reshumot is legally binding.More
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Despite these checks, it may contain errors, omissions, or imprecise renderings of legal terminology and cross-references, and it may not yet reflect the latest amendments. It cannot be relied upon as a legal text.
The Hebrew text as published in Reshumot (ספר החוקים) and on the Knesset website is the sole authoritative and legally binding version. In any discrepancy, the Hebrew text prevails.
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Ninth Schedule (section 50(d))
Transferred to another person financial information concerning a customer received from a service provider, in contravention of the provisions of section 29(c)(1).
Made use of financial information concerning a customer received from a service provider for purposes other than those prescribed pursuant to section 29(c)(2) or (f)(2)(a).
Did not retain the financial information concerning a customer received from a service provider in a secure manner that would prevent information leakage and unauthorised access thereto and otherwise than in accordance with the financial body regulator's instructions, in contravention of the provisions of section 29(c)(3).
Did not delete the financial information concerning a customer received from the service provider within 30 days of the date of receipt of such information, in contravention of the provisions of section 29(c)(4).
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Contact Us →Tenth Schedule (section 51(7))
Eleventh Schedule (the definition "infringement" in section 52)
A person who engaged in the provision of a financial information service without a licence or otherwise than in accordance with its conditions, in contravention of the provisions of section 2(a).
A person who controlled a licence holder without a control permit, in contravention of the provisions of section 9(a).
A person who transferred means of control in a licence holder to another, if the transferor ought to have known that the transferee was required to hold a control permit and did not hold such a permit, in contravention of the provisions of section 10.
A person to whom an instruction was given pursuant to section 12(a) to (c) and who did not comply therewith.
A licence holder or a person who submitted an application for a licence, who included in the application, in a report or in other information provided to the Authority, a misleading particular, contrary to the provisions of section 36(d), if that person ought to have known that this was capable of misleading the Authority.
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Contact Us →Twelfth Schedule (section 65(a))
An account whose owner is a minor.
An account administered by a guardian of the account holder.
An account in respect of which it was not agreed, within the framework of the engagement agreement with the information source, that it would be possible to carry out transactions by electronic means.
An account in respect of which it was not agreed, within the framework of the engagement agreement with the information source, that it would be possible to view the customer's information by electronic means.
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