Category: Podcasts

Episode 258 — Deep Dive in the ABB FCPA Case

The Justice Department’s new Corporate Enforcement Policy and the heightened enforcement and compliance expectations were put to the test in its announcement of a $315 million settlement of bribery charges with ABB, a three-time loser in foreign bribery enforcement.  However you interpret this case, the ABB enforcement action demonstrates yet again the vitality of DOJ’s commitment to FCPA enforcement, and that the industry can expect...

Episode 257: 2022 FCPA Year in Review Featuring Tom Fox

The Justice Department and the Securities and Exchange Commission bounced back in 2022 to restore their records for aggressive FCPA enforcement.  At the same time, DOJ announced significant new compliance program expectations, and appeared ready to press forward with a number of FCPA resolutions. Tom Fox, the Compliance Evangelist and Leader of the Compliance Podcast Network, joins Michael Volkov for a comprehensive review of 2022...

Episode 256 – The FTX Scandal and Cryptocurrency Risks: Featuring Matt Stankiewicz from The Volkov Law Group

The FTX scandal has sent (and is continuing to send) shockwaves through the  cryptocurrency industry.  FTX was one of the largest crypto exchanges in the world, and its CEO, Sam Bankman-Fried (SBF) was the darling of Silicon Valley and Wall Street.  SBF touted FTX for its rapid growth as a crypto exchange and its deep connections to politicians, athletes and movie stars.  It turned out...

Episode 255 — The Curious FCPA Case of Asante Berko

In 2020, Asante Berko settled his FCPA case with the SEC by agreeing to pay $329,000. In November of 2022, Berko arrived in London at Heathrow Airport and he was arrested. Berko had no idea that he had been indicted back in 2020 and the indictment remained under seal until he arrived, two years later, at Heathrow Airport. Berko was charged with conspiring with two...

Episode 254 — Update on Export Controls and Sanctions: Interview with Alex Cotoia

This week’s show discusses recent developments in the sphere of export controls and sanctions. Alexander Cotoia, Regulatory Compliance Manager at the Volkov Law Group, joins Michael Volkov to explore the the Department of Commerce’s Bureau of Industry and Security (“BIS”) ramping up of export control enforcement, including the new restrictions on China and Russia. In early October, the BIS announced two rules imposing significant export...

Episode 253 — A Deep Dive into the Oracle SEC FCPA Settlement

Oracle Corporation settled its second FCPA case in ten years. It agreed to pay the SEC $23 million to resolve allegations that its subsidiaries in Turkey, India and the United Arab Emirates maintained slush funds to bribe foreign officials. Ten years ago in 2012, Oracle paid the SEC $2 million for creating millions of dollars in off-the-books accounts at its India subsidiary. Join Michael Volkov...

selective focus of bitcoins on laptop computer

Episode 252 — Matt Stankiewicz on the Bittrex OFAC and FinCEN Enforcement Action: Cryptocurrency and AML and Sanctions Compliance 

The Episode is available HERE. Matt Stankiewicz, a Partner at Volkov Law, is a leading industry expert on cryptocurrency.  Bittrex, a leading cryptocurrency exchange, suffered twin enforcement actions for AML and Sanctions Compliance deficiencies.  Matt takes a deep dive on the enforcement actions and outlines practical compliance steps that every cryptocurrency exchange should implement.   The Episode is available HERE. Corruption Crime and Compliance is available...

Episode 251 — Training and Corporate Culture: Interview of Maria D’Avanzo, Chief Evangelist Officer, Traliant

Episode 251 is available here. Maria D’Avanzo is the Chief Evangelist Officer at Traliant.  Maria provides key insights on corporate ethics and compliance training programs.  Maria describes how to take your training program to the next level and tailor the content to deliver training on important issues based on your company’s risk assessment. In this Episode, Mike and Maria discuss compliance training, culture and new...

New Podcast Episode 250 — Cybersecurity Risks for Financial Institutions Relying on the Cloud — An Interview of Carlo Massimo

The newest episode of the re-branded Corruption Crime & Compliance has dropped!! The Episode can be accessed here. Financial institutions are rapidly moving their operations to the cloud.  In response to this development, and the increasing risks of cyber breaches, legislators and regulators are gearing up to impose significant cybersecurity requirements.   Carlo Massimo is a journalist who covers Cyber Security and International Tech Policy. Carlo...

New Refreshed and Rebranded Podcast — Corruption Crime and Compliance

Change is the law of life, and those who look only to the past and present are certain to miss the future -John F. Kennedy The measure of intelligence is the ability to change -Albert Einstein We are pleased to announce the release of a new, rebranded and refreshed podcast — Corruption, Crime & Compliance. Under the old banner, we produced 249 episodes. Listen for...