The Volkov Law Group has scheduled a free webinar to review OFAC’s new Framework for Sanctions Compliance Programs for May 22, 2019, at 12 Noon EST. Sign Up Here. On the heels of the Justice Department’s announcement of its new compliance guidance, on May 2, 2019, the Treasury Department’s Office of Foreign Asset Control (“OFAC”) issued its promised guidance for sanctions compliance programs (“SCP”) (Here). ...

The Volkov Law Group has scheduled a free webinar on DOJ’s New Compliance Program Guidance for May 14, 2019, at 12 noon EST. Sign up HERE. The final issue discussed in the new DOJ Corporate Compliance Guidance is the assessment of whether a company’s compliance program is working – at the time of the offense and at the time of the resolution of an enforcement...

RESCHEDULED WEBINAR: DOJ Issues New Guidance on Evaluation of Corporate Compliance Programs Tuesday, May 14, 2019, 12 Noon EST Sign up HERE In a major development in ethics and compliance program expectations, the Justice Department has issued a new and important revised guidance on the Evaluation of Corporate Compliance Programs.  The Justice Department has advanced the ball with respect to ethics and compliance or raised...

The Volkov Law Group has scheduled a free webinar on DOJ’s New Compliance Program Guidance for May 9, 2019, at 12 noon EST. Sign up HERE. While I hate to start out a posting with such “mumbo jumbo” terms, I had to come up with short hand descriptions of some otherwise fairly complex and robust topics under the new DOJ Guidance.  In evaluating whether a...

The blockchain revolution is still merely in its infancy.  Liquidity Digital seeks to continue pushing the industry forward, by digitizing securities – stocks, derivatives, real estate, and more – and placing them on the blockchain.  Liquidity Digital is building an ecosystem for the creation of new assets, introducing ways to allocate capital to traditionally underserved areas of financial markets and provide a practical application of distributed ledger...

The Volkov Law Group has scheduled a free webinar on DOJ’s New Compliance Program Guidance for May 9, 2019, at 12 noon EST. Sign up HERE. The Justice Department’s new Corporate Compliance Guidance is keyed to the concept of a “well-designed compliance program.”  Under this concept, we first examined risk assessments and policies and procedures.  DOJ’s Corporate Compliance Guidance also addresses training and communications, reporting...

The Volkov Law Group has scheduled a free webinar on DOJ’s New Compliance Program Guidance for May 9, 2019, at 12 noon EST. Sign up HERE. In a major development in ethics and compliance program expectations, the Justice Department has issued a new and important revised guidance on the Evaluation of Corporate Compliance Programs (HERE).  The new Evaluation Guidance supersedes the prior document issued in...

The Treasury Department’s Office of Foreign Asset Control (OFAC”) continues its enforcement run.  In a recent case against Haverly Systems, Inc., OFAC sent an important reminder to US companies about compliance with the Ukraine-Russia Sectoral Sanctions Program.  Haverly paid roughly $75,000 for two violations of the Ukraine-Russia Sectoral Sanctions (SSI).  In two transactions, Haverly violated Directive 2 of the Ukraine-Russia the 90-day maturation limitation on...