Dual Listing

Bank of Israel Supervisor Daniel Hahiashvili has released a draft circular allowing banks to report under US GAAP. This move removes a major barrier to dual listing on US stock exchanges.

Globes has learned that the Supervisor of Banks has distributed a draft circular allowing banks to apply American accounting standards. This move facilitates dual listing, aims to increase liquidity, and may boost stock performance.

Dual listing allows a company's stock to be traded on two or more exchanges simultaneously. We explain how it works, what rights investors retain, and why this strategy benefits both businesses and shareholders.