Hunton & Williams writes:
On January 21, 2016, the Israeli Law, Information and Technology Authority (“ILITA”) announced that it would postpone for the time being any review or enforcement actions on data transfers from Israel to the United States that are based on the U.S.-EU Safe Harbor framework.
This contradicts an earlier statement by ILITA in October 2015 that it would not permit such data transfers following the Schrems decision by the Court of Justice of the European Union that declared the Safe Harbor framework invalid.
Read more on Privacy & Information Security Law Blog.