Featured Articles:

CEOs Under the Criminal Spotlight – More C-Suite Misconduct

We live in a bizarre time — an information age where lines are blurred between truth and lies — a strange era in which our daily doses of information are dominated by scandals, corruption, and repeated claims of “fake news.”  One of the unfortunate consequences is that otherwise important issues often fade in competition with these ever-pervasive scandals.  Please do not misunderstand me – the...

Tom Fox’s Valuable Contribution to the Compliance Profession – The Complete Compliance Handbook

Tom Fox has been called the “Compliance Evangelist.”  Whatever title may be given to Tom, one thing is for sure – Tom is a steady force, providing practical advice to advance the compliance function. To that end, Tom’s latest contribution is a new tome – The Complete Compliance Handbook: A Guide to Operationalizing Your Compliance Program.  I recently received my autographed copy of Tom’s new...

Volkov Law — In the News and on the Web

Michael Volkov Quoted by ABC News:  Michael Avenatti casts himself as anti-Trump avenger, May 16, 2018 HERE The inspector general of the Treasury Department is now investigating possible leaks of Suspicious Activity Reports, or SARs, from Cohen’s financial institutions. “Suspicious activity reports are confidential. They’re not allowed to be leaked,” said Michael Volkov, a white-collar defense lawyer who spent seventeen years as a federal prosecutor...

Episode 39 — Tom Fox’s New Book — The Complete Compliance Handbook

Tom Fox is a thought leader for the ethics and compliance profession.  He is a prolific writer who has produced a steady body of work — podcasts, books, blogs, articles — to advance the compliance function.  He is knowledgeable, practical and insightful on how to implement and maintain an effective compliance program. Tom has just released a new and important book — The Complete Compliance Handbook. ...

Time for Companies to Establish an Independent Corporate Ombudsman

Corporate commitment to speak up cultures is suffering.  The Ethics and Compliance Initiative’s recent Global National Business Ethics Survey (available HERE) contained a critical finding – corporate instances of retaliation against employee for raising concerns doubled in the last five years. In the 2013 survey, 22 percent of respondents reported instances of retaliation against employees.  This number increased to an astounding 44 percent of respondents...

Corporate Attitudes: When Speak Up Means Keep Quiet

As parents we all have been through the following scenario – we encourage our children to communicate and voice their concerns and to learn to articulate, reason and understand perspectives.  So, our kids start to speak up and we listen, patiently, but at some point, our patience wears thin, and we are not as interested or willing to listen.  Our children begin to question our...

Justice Department Charges Former Volkswagen CEO in Diesel Vehicle Emissions Cheating Scheme

We all know the saying – A fish rots from the head.  Sometimes a clear and simple statement says it all.  The Volkswagen diesel emissions cheating scandal is yet another example of C-Suite, even CEO, misconduct. The Justice Department recently announced the criminal indictment for former Volkswagen CEO, Martin Winterkorn, age 70, for conspiracy and wire fraud for Volkswagen’s scheme to defeat U.S. diesel vehicle...

Webinar: The FCPA Guidance and DOJ’s Evaluation of Corporate Compliance Programs

Webinar: Compliance Best Practices — Combining the FCPA Guidance and DOJ’s Evaluation of Corporate Compliance Programs May 30, 2018 12 Noon EST Sign Up HERE The FCPA Guidance issued in 2012 continues to provide the most effective direction to FCPA and ethics and compliance program practitioners. Last year, this important document was supplemented by the Justice Department’s Evaluation of Corporate Compliance Programs. Both of these...

Update on Russia Trade Sanctions

The Trump Administration Treasury Department’s Office of Foreign Asset Control activity has been interesting to watch.  On the one hand, OFAC has been implementing aggressive sanctions against Russia in reaction to Russia’s global misconduct.  On the other hand, OFAC has brought  — no, none, zip — enforcement actions this year.  That is unprecedented and inexplicable. I doubt that all staff has been dedicated to drafting...

Turning Back the Clock – OFAC Plans to Reimpose Iran Sanctions Program

History does not repeat itself but it often rhymes — Mark Twain (although there is disagreement if Twain uttered these exact words (see here)). Just as businesses were growing or planning to grow into Iran, they had the proverbial rug pulled out from under them. Last week, on May 8, 2018, the administration announced its intention to withdraw from the Joint Comprehensive Plan of Action...