Israeli Companies in the Crosshairs for Violation of the U.S. Foreign Corrupt Practices Act (FCPA)
Categories: Capital Markets, Corporate and M&A
For any Israeli company that has a U.S. subsidiary, lists its shares on a U.S. exchange, or trades its foreign shares on U.S. exchanges (“ADRs”), knowledge of the U.S. Foreign Corrupt Practices Act (“FCPA”) is a must. Running afoul of this law can bring serious consequences, as Israeli real estate development company Elbit Imaging Ltd. recently learned.
