Featured Articles:

BIS Imposes $1.5 Million Penalty on Exyte for Unlicensed In-Country Transfers to SMIC

On January 7, 2026, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”) issued an Order resolving an administrative enforcement action against Exyte Management GmbH, a Germany-based company headquartered in Stuttgart, in connection with alleged violations of the Export Administration Regulations (“EAR”). The action arose from conduct occurring between March 2021 and March 2022 and involved in-country transfers of items subject to the...

Corporate Compliance and the Steady-State: Focus on Ethics and Values

Welcome to 2026, a 10/1 year in numerology (if you are into it).  Wherever you might be on the political spectrum, we can all agree that there is a lot happening, and there has been some significant changes.  While I occasionally hear about the impact of our social climate on corporate ethics and compliance, let me offer a positive perspective that confirms the continuing —...

Happy New Year — Volkov Law Resumes Podcasts,  Blog and Webinars

Happy New Year!  We hope everyone had a wonderful and restful holiday. With the New Year, we wanted to rejoin the blogosphere. the podcast community and our webinar audience. We are still in the process of re-designing the Volkov Law website and were hoping to complete that process by January 1, 2026.  However, given delays and pressing assignments, we were unable to meet the optimistic...

BIS Imposes $374,474 Civil Penalty on Hallewell Ventures and Albert Avdolyan for Unlicensed Reexport of Bombardier Aircraft to Russia

On September 30, 2025, the Bureau of Industry and Security (“BIS”), U.S. Department of Commerce, announced an administrative settlement with Hallewell Ventures, Ltd. (“Hallewell”) and its beneficial owner, Russian businessman Albert Avdolyan, arising from an unauthorized reexport of a Bombardier Global 7500 aircraft to Russia in March 2022. The matter concludes with a $374,474 civil penalty, payable within thirty days of the order, and conditions...

World Economic Forum: Trade Compliance for Leadership

I have written extensively on the importance of trade compliance.  The risk landscape has changed rapidly with the Russia-Ukraine war, the Trump Administration’s focus on tariffs, economic nationalism, and sanctions and export control enforcement.  Along with these significant trends, companies have increased focus on supply chain risks and management. A new report from the World Economic Forum (WEF) and PWC, Trade Compliance for Leadership, presents...