June 7, 2017
Publication: Israel Desks International Legal Guide
Last year, the U.S. Department of Justice (DOJ) and the U.S. Securities and Exchange Commission set records for U.S. Foreign Corrupt Practices Act enforcement, bringing a combined 44 enforcement actions. Given Israel’s increasingly outward-facing economy, Israeli companies and management personnel face additional exposure to U.S. regulatory and prosecutorial oversight. Former DOJ prosecutors Robert Henoch, who is based in Tel Aviv, and Steven Kobre, based in New York, analyze the current regulatory landscape for Israeli companies, including international FCPA application, how Israeli companies often become targets, and the risk for corporate executives and high-net-worth individuals who fail to comply with U.S. reporting requirements. Washington DC-based lawyer Will Rosenzweig also authored the chapter.
The Israel Desks International Legal Guide chapter, “The Long Arm of U.S. Regulators Extends to Israel,” can be read here.