The European Union has formally approved its landmark Anti-Corruption Directive, creating the first comprehensive EU-wide anti-corruption framework. In this episode, Michael Volkov examines the Directive’s major provisions, including harmonized corruption offenses, expanded corporate liability, turnover-based penalties, whistleblower protections, and increased compliance expectations for multinational companies. Michael also discusses practical implications for compliance programs, third-party risk management, investigations procedures, and cross-border enforcement coordination as organizations prepare for implementation across EU Member States