The Israel Securities Authority’s Financial Sanctions Committee recently issued two different decisions to impose financial sanctions on companies. These sanctions were for financial activities violating provisions of the...more
The EU’s DSA, which regulates online intermediaries and platforms in digital space, came into effect in February 2024. The purpose of the DSA is to make the online environment safer, fairer, and more transparent by imposing...more
3/15/2024
/ Big Tech ,
Cloud Service Providers (CSPs) ,
Compliance ,
Digital Marketplace ,
Digital Service Providers ,
Digital Services ,
Enforcement ,
Enforcement Actions ,
EU ,
European Commission ,
Facebook ,
Google ,
Intermediaries ,
Online Platforms ,
TikTok ,
Twitter
In May 2023, a complex SEC law enforcement proceeding was concluded against Philips, a public Dutch medtech company. The proceeding concluded with a settlement, whereby Philips agreed to pay a fine of more than USD 62 million...more
Last September, US Deputy Attorney General Lisa Monaco issued a memorandum instructing the various departments in the Department of Justice to adopt a lenient enforcement policy toward corporations. The aim of this policy is...more
5/22/2023
/ Bribery ,
Compliance ,
Cooperation ,
Corporate Misconduct ,
Corruption ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Foreign Corrupt Practices Act (FCPA) ,
Policy Memorandums ,
Voluntary Disclosure ,
White Collar Crimes
On January 11, 2022, the Israeli Supreme Court, in an expanded panel of nine justices, prescribed a set of rules concerning procedures and judicial discretion on the granting of search warrants of computers and cellular...more