"These are markets whose regulatory level is as high as in Israel and dual-listing could encouraging trade on TASE," ISA Chairman Shmuel Hauser said.
In 2000, the dual-listing program was launched for Israeli companies traded in New York and London and since then, more than 60 companies have dual-listed.Companies that choose to dual-list are subject to the rules of the foreign country and may publish reports in English.The authority noted that recently, there has been a growing interest among Israeli companies to list in Asia because of business ties as well as a perception that Hong Kong, Singapore and Toronto are attractive markets to raise capital.The plan still requires the approval of the finance minister and parliament's finance committee. (Reporting by Steven Scheer; Editing by Tova Cohen)Israel to ease dual-listing with Hong Kong, Singapore, Toronto

Baz Ratner