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    You are at:Home»Featured»The Capital Market Authority prohibits non-banking credit companies from paying commissions on mortgage and reverse mortgage counseling
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    The Capital Market Authority prohibits non-banking credit companies from paying commissions on mortgage and reverse mortgage counseling

    This is a directive similar to that of the Bank of Israel from 2017 * In August 2025, the Authority responded to Lobby 99, which had reached out on the matter, noting that there is nothing wrong with the activity of distribution channels with non-banking credit entities, provided it is conducted in a proper and transparent manner * The Authority intends to publish a similar directive later on that will also apply to institutional entities, in order to create a uniform standard across the entire market
    EditorialBy EditorialMay 24, 202605 Mins Read
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