Financial Commission Appoints Nir Porat to its Dispute Resolution Committee (DRC)

August 15, 2016 – Hong Kong & New York: Financial Commission, a leading External Dispute Resolution (EDR) organization, operated by FinaCom PLC, servicing online brokerages and technology providers within the financial services industry, today announces the appointment of Nir Porat to its Dispute Resolution Committee (DRC).

Nir Porat is the Co-Managing Partner at Ben Basat, Porat & Co., an international law firm based in Tel Aviv. He is responsible for leading the Corporate and International Law departments at the firm, and provides legal advice to public and private entities including across the financial services industry.

Capital markets and technology expertise

As a leading specialist in the field of capital markets, including forex, binary options, electronic clearing and billing, as well as financial and gaming regulations internationally, Nir brings a diverse set of skills to the Financial Commission’s DRC.

In addition to his capital markets expertise for companies in various jurisdictions globally, Nir’s clientele include technology conglomerates such as LG Electronics Group, Malam Team – one of Israel’s largest IT firms, and Israel-based communications firm Netvision Group, among other private and governmental entities across related IT and investment industries globally.

Background in international Law

Nir represented Israel while participating in the Jessup International Law Competition in Washington D.C. in 2005, before coaching his national teams in the subsequent two Jessup competitions in 2006 and 2007.

While studying in the field of Commercial International Law, Competition Law and European Union Law, Nir graduated from the Summer school program at Oxford University and Queen Mary’s College, University of London in the United Kingdom.

Nir was admitted to the Israeli Bar Association in 2008, and holds a law degree from the College of Management with a focus on commercial and international law. He is fluent in English and Hebrew and has basic knowledge of French and Scandinavian languages.

Enhancing the DRC structure

Nir is the latest person to join the Financial Commission’s DRC – which consists of a diverse panel of industry experts who help provide independent views to process and resolve complaints from member’s clients.

Financial Commission Chairman, Peter Tatarnikov, said regarding the appointment, “Nir brings a proven track-record in dealing with complex technology and capital markets-related legal matters to Financial Commission’s Dispute Resolution Committee.

Mr. Tatarnikov added: “Nir’s experience with a diverse range of corporate customers and across international jurisdictions further complements the collective ability for Financial Commission’s existing DRC. We are very pleased to welcome Nir as the latest DRC appointee.”