The US Public Company Accounting Oversight
Board (PCAOB) has entered into a co-operative agreement for the
exchange of confidential information with the Israel Securities
Authority (ISA) in order to enhance oversight of auditors and
accounting in the two jurisdictions. 

PCAOB chairman James Doty said the arrangement
is the first of its kind with a regulator from the Middle

“With the significant presence of Israeli
companies on US exchanges, this agreement with the ISA will better
protect US investors. It is an important achievement in expanding
our co-operative agreements into the Middle East, and I hope that
other regulators elsewhere will soon follow,” he said.

The agreement was enabled by the Dodd-Frank
Wall Street Reform and Consumer Protection Act, which permits the
PCAOB to share confidential information with its non-US
counterparts under certain circumstances.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.