The Office of Foreign Assets Control delivered a pointed lesson in sanctions compliance this week with the announcement of a $1,050,000 settlement with FTI Consulting, Inc., one of the world’s most prominent business advisory firms. The enforcement action involves what might appear at first glance to be a technical violation — unpaid invoices routed through a law firm intermediary. But the compliance lessons embedded in...

On May 18, 2026, the U.S. Department of Commerce’s Bureau of Industry and Security (“BIS”), through its Office of Antiboycott Compliance, issued an Order resolving an antiboycott enforcement matter involving Colt’s Manufacturing Company LLC (“Colt”) arising under the Export Administration Regulations (“EAR”). The matter was resolved through a Settlement Agreement pursuant to which Colt admitted to the conduct described in a Proposed Charging Letter alleging...

The European Commission recently published an Information Note concerning measures adopted by Member States under Regulation (EU) 2021/821, the European Union’s framework governing the control of exports, brokering, technical assistance, transit, and transfer of dual-use items. Although administrative in structure, the report provides meaningful insight into the continuing evolution of export controls across the European Union and highlights the increasingly significant role that Member States...

The Justice Department’s Antitrust Division has struck a major blow against international cartel conduct with a historic superseding indictment charging four of the world’s largest shipping container manufacturers and seven of their senior executives for a multi-year conspiracy to restrict output and fix prices affecting roughly $35 billion in global commerce. The case involves conduct at the heart of America’s COVID-era supply chain crisis. And...

The European Union has taken a historic step in the global fight against corruption. The Council of the European Union formally adopted the EU’s first comprehensive Anti-Corruption Directive, creating a harmonized framework for corruption offenses, corporate liability, sanctions, enforcement cooperation, and prevention measures across all EU Member States. For multinational companies, compliance officers, boards of directors, and legal professionals, the Directive represents a major expansion...

Federal prosecutors and regulators are sending an unmistakable message to the rapidly growing prediction markets industry: insider trading, market manipulation, and misuse of confidential information will not be tolerated simply because trading occurs on decentralized or event-based platforms. The recent insider trading charges involving individuals connected to prediction market trading activity underscore a broader and increasingly coordinated enforcement strategy by the Department of Justice (“DOJ”)...