Client Alert November 1, 2023
- The U.S. Department of Justice is continuing to extend its long arm jurisdiction into aggressively scrutinizing individuals in Latin America.
- Many targets may become embroiled in what can be overstated allegations, threatening their assets, liberty and reputation.
- Targets need to work with cross-border counsel knowledgeable in the DOJ’s tactics to push back as early as possible.
Client Alert October 19, 2023
- As governments increasingly use sanctions as a geopolitical tool, ultra-high-net-worth individuals – including those with connections to Cyprus – are at risk.
- Cypriot officials and financial institutions have already taken steps to target certain individuals, even those who are not sanctioned.
- We explain pre-emptive steps at-risk individuals and their advisors can take to mitigate the risks and protect themselves.
Client Alert September 28, 2023
- U.S. regulators are aggressively stretching the bounds of their jurisdiction over the cryptocurrency and digital asset space.
- This puts exchanges, founders, investors and other parties at risk of increased uncertainty and risk of investigation and enforcement.
- Deference may not earn targets leniency – instead, as a recent Kobre & Kim settlement shows, standing up to the regulators can pay dividends.
Client Alert July 12, 2023
What Multinational Companies Should Know About Unprecedented Extraterritorial Activities by the South Korean Police
- The South Korean Police are expanding their extraterritorial activities, with many multinational companies now in their sightline.
- Many companies are unfamiliar with handling Korean inquiries and investigations, but their next steps can be crucial to risks to their business.
- Our cross-border team explores strategies to help companies mitigate their risks and stand up to prosecutorial overreach.
Client Alert June 22, 2023
U.S. Sanctions Against Individuals in Greater China May Come Suddenly: How Overseas Advisors Can Protect Their Clients from Overreach
- The U.S., UK and their allies are continuing to find tools to exert pressure on China.
- Businesspeople in Greater China with global interests could become targets of financial sanctions if diplomatic relations between China and the U.S. deteriorate further.
- We explain how financial and wealth advisors can mitigate the risks these clients face if they act early and decisively.
Client Alert May 10, 2023
How Israeli, Middle Eastern and African Individuals Should Respond to Criminal Allegations from Foreign Governments
- Israeli and other Middle Eastern and African nationals are increasingly at risk as U.S. and Western enforcement agencies aggressively pursue cross-border actions, in many cases based on incomplete facts.
- With cooperation from countries like Israel, those targeted can risk their assets, reputation and liberty if they are not adequately prepared.
- We explain what steps individuals can take to push back and get the facts straight.
Client Alert March 16, 2023
- Governments have increased focus on third parties – including offshore trustees – as they look to enforce their sanctions regimes.
- This increases the risk trustees could become embroiled in an accusation of violating sanctions.
- Trustees should take proactive, globally comprehensive measures to reduce their risk and avoid a cross-border crisis.
Client Alert February 22, 2023
- The global crypto industry may have celebrated prematurely at a reported win by LBRY amici against the U.S. Securities and Exchange Commission.
- In fact, enforcement threats are at an all-time high, and the SEC and other regulators are emboldened.
- Only by matching the regulator’s aggressiveness with equally aggressive strategies can industry players see success.
Client Alert February 16, 2023
- U.S. government regulators are ramping up enforcement actions against traders for alleged market manipulation and spoofing.
- Exchanges and self-regulatory organizations are piling on, subjecting traders to their own investigations.
- Traders should not be afraid to stand up to these entities, and there are effective counteroffensive measures that can drive successful outcomes.
Client Alert November 30, 2022
- Global sanctions targeting, among others, Russian individuals and entities are layering on top of anti-money laundering measures.
- These will directly impact players in the art market, raising their litigation and enforcement risks.
- We explain two particular triggers stakeholders should be aware of.
Client Alert November 9, 2022
How Chinese Ultra-High-Net-Worth Individuals Can Protect Their Global Wealth from Seizure in a High-Tension World
- As geopolitical tensions heighten, Chinese ultra-high-net-worth individuals may become increasingly at risk of becoming the target of forfeiture by hostile foreign governments.
- Governments around the world have shown increasing willingness to go after assets owned by those in disfavored jurisdictions.
- By deploying a coordinated global strategy, Chinese UHNWIs can lawfully defend their legitimately earned wealth.
Client Alert May 9, 2022
- The United Kingdom and the European Union are two critical jurisdictions that have implemented influential sanctions regimes against Russian entities.
- Given the UK’s departure from the EU, key differences exist that outside stakeholders must be attuned to.
- Learn the subtle yet consequential details in this reference guide, put together by Kobre & Kim’s International Private Client team.
Client Alert October 15, 2021
- The U.S. Commodity Futures Trading Commission (CFTC) has quietly increased scrutiny of digital currency markets, focusing on spoofing.
- Successful traders normally do not run from risk in their trading activities, yet they often do exactly that in the face of unfamiliar regulatory risks, leading to worse outcomes.
- Targets of regulatory enforcement should therefore consider a range of aggressive measures before responding to inquiries from enforcement authorities.
Client Alert May 26, 2021
- South Korea is an attractive destination for investors in private equity and venture capital, but the country’s changing disclosure rules could risk a drawn-out government investigation.
- Recent changes, designed to relax disclosure for most investors, adds complexity that could be used by the government against international investors to protect domestic companies.
- International parties investing in a Korean company can and should anticipate this risk in a way that maintains both independence and confidentiality.
Client Alert December 20, 2018
- The U.S. government has made its intentions clear that it will investigate and prosecute PRC-based companies and individuals that it believes employ illegal tactics to compete with U.S. companies in key sectors.
- Future U.S. actions could come from any number of directions.
- Whatever action comes next, a cross-border perspective and willingness to represent PRC-side clients against the U.S. government will be essential to an effective response.
For media inquiries, please contact:
email | +1 646 448 6283