Full Report Revealed: Capital Market Authority Opposes Treasury's Savings Reform – 'Will Lead to Price Increases'
The Finance Ministry published the full Arbitrage Committee report on tax equalization in savings products, which includes sharp opposition from Commissioner Amit Gal. The Authority warns: establishing the new investment account will shift costs to…
Assessment
A formal rift between Israel's Capital Market Authority and the Finance Ministry is now public over proposed savings reform. The regulator warns that a new investment account would shift costs onto savers, weaken competition, and eliminate existing investment funds. This exposes a deep policy disagreement ahead of any legislative push, with consumer protection and market structure at the core.