Corruption, Crime & Compliance - Bribery, FCPA, AML

Featured Articles:

9 Sep, 2025

OFAC Penalizes Freight Forwarder Fracht FWO $1.6 Million for Multiple Violations of Sanctions Programs

On September 3, 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”) announced a $1,610,775 settlement with Fracht FWO Inc. (“Fracht”), an international freight forwarder headquartered in Houston, Texas, in connection with apparent violations of multiple U.S. sanctions programs, including those targeting Venezuela and Iran. The matter arose from a May 2022 transaction in which Fracht, responding to urgent customer demands,...

Podcasts

7 Sep, 2025

Episode 385 –Five Strategies to Mitigate a New Risk Environment

What do you do when the headlines shift faster than your risk matrix can keep up? In this episode, Michael Volkov dives into the challenge of adapting compliance programs in the face of volatile and fast-changing global risks—from tariffs and trade controls to supply chain disruptions and third-party exposures. While the pressure to react is constant, the real key is staying anchored in your company’s...

General

2 Sep, 2025

Checking In with Trump’s DOJ On Antitrust Enforcement

The Trump Administration’s handling of antitrust enforcement issues is generally viewed as a wild-card — meaning there are issues of concern or focus that may not fit the “traditional” antitrust enforcement model. Depending on the issue and the players, DOJ’s antitrust interest may surprise various practitioners and commentators. Trump’s nomination of Gail Slater as DOJ’s Assistant Attorney General for the Antitrust Division was universally praised...

Podcasts

2 Sep, 2025

Episode 384 — Third-Party Risks and Sanctions

With the beginning of the aggressive trade enforcement era, companies need to focus on third-party risk and sanctions enforcement. The law, the practice, and the risks are important. As we embark on a new criminal enforcement era surrounding sanctions violations, companies have to address this issue and do it correctly. In this episode, Michael Volkov takes a comprehensive look at third-party risks from the distribution...

General

25 Aug, 2025

Threat Digital Enhances its DiligenAI with Network Report Feature

With all of the hoopla and hysteria focused on AI and information systems, Threat.Digital, a long-time affiliate of The Volkov Law Group, Chris Focacci, CEO of Threat Digital, is a technology leader. Chris has the ability to explain practical application of AI technology, due diligence and information systems. He is a terrific resource and I urge all interested parties to reach out and speak with...

Podcasts

24 Aug, 2025

Episode 383 — FCPA Update: Declination and New Indictment

Is the DOJ really changing its playbook on FCPA enforcement, or is it business as usual under a new administration? In this episode, Michael digs into two headline developments that say a lot about where things are headed – the first FCPA declination under the Trump Administration and the first indictment. Both shed light on how DOJ is applying its policies in practice, what companies...

Podcasts

17 Aug, 2025

Episode 382 — AI Legal Compliance and Governance

Given the real and significant potential benefits of AI, companies have to be careful in the rush to implement AI technology. Starting with a clear use case, companies have to weigh the potential benefits of AI technology and identify the legal and compliance risks. An AI compliance program is a critical element of a corporate governance structure. Building on this specific policy, companies need to...

General

14 Aug, 2025

AI Governance Best Practices (Part II of II)

The new world of AI presents significant benefits and risks that need to be addressed in an overall governance framework. Luckily, the principles to apply here will surprise no one — governance, compliance, legal and risk professionals will quickly adapt well-known principles to the new frontier of AI. Starting at the Board level, AI oversight responsibility should be assigned a dedicated board committee, such as...

General

13 Aug, 2025

AI “Hysteria” and Legal and Compliance Risks (Part I of II)

Well, let’s all admit it — we have all enjoyed using the new, hot technology, AI. It is an understatement to opine that AI is transforming our world, business and personal. This development compares to the 1990s and the impact of the Internet. Many of us are early users of AI, finding it a welcome alternative or supplement to Internet research tools. Businesses are quickly...

General

12 Aug, 2025

Liberty Mutual Pays $4.7 Million for FCPA Declination

In the first FCPA declination under the Trump Administration, Liberty Mutual Insurance Company paid $4.7 million in disgorgement and received a declination letter from the Department of Justice. The declination reflects consistent application of the existing Corporate Enforcement Policy. While DOJ has issued new guidance on FCPA enforcement reflecting its revised priorities, DOJ’s declination does not reference or incorporate any ideas from the guidance. Instead,...