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Israel Capital Market Insurance & Savings Authority - רשות שוק ההון, ביטוח וחיסכון

Government Administration

Overview

The Capital Market, Insurance and Savings Authority is responsible for financial services in the insurance, pension and provident funds markets. The authority's primary purpose is to ensure stability and competitiveness in these markets. Within this framework, the authority's role is to protect the stability of the institutions under its supervision and to ensure proper management, ensuring they meet their obligations to the public. The authority works to maintain fairness and professionalism of services provided to customers, to ensure that the products offered to the public are appropriate. The Authority operates on several levels to achieve these objectives: regulating the activities of supervised entities, auditing their business activities and following up on them regularly, and examining the nature of the relationship between supervised entities and their customers.