The Office of Foreign Assets Control has issued a series of new general licenses authorizing significant categories of Venezuela-related energy transactions that would otherwise be prohibited under the Venezuela Sanctions Regulations, 31 C.F.R. Part 591. These authorizations—General License 46B, General License 51B, General License 52, and General License 50A—represent the most significant expansion of permitted Venezuela-related activity in years. But they are not a relaxation...

I am pleased to announce that Volkov Law Group, P.C. has entered into a formal strategic alliance with CBC Law, one of Turkey’s most respected and internationally recognized law firms. This partnership formalizes a relationship built over years of successful collaboration and reflects our shared commitment to delivering the highest level of legal counsel to clients navigating the complex intersection of U.S. and Turkish law....

Last week we examined the agency principle in third-party AI risk — the situations where a third party acts on your behalf and its AI-related misconduct can be legally attributed to your company. This week, we turn to the other side of the framework: what happens when a third party provides incidental goods or services and does not act on your behalf? The short answer...

The rapid integration of artificial intelligence into business operations has created a new and largely uncharted compliance frontier. Companies are scrambling to assess AI risks within their own operations, but many are overlooking an equally important question: what happens when your third parties use AI? The answer depends on a legal distinction that compliance professionals already know well from the Foreign Corrupt Practices Act and...

On June 12, 2026, at 5:21 p.m. ET, the U.S. government handed Anthropic a directive that forced the company to do something extraordinary: disable its two most powerful AI models—Fable 5 and Mythos 5—for every single customer worldwide, with no advance notice and no specific explanation of the national security concern that justified the action. The directive, issued by the Commerce Department’s Bureau of Industry...

Introduction: A Deal Too Good to Be True When Adani Enterprises Limited (AEL) entered the liquified petroleum gas (LPG) market in 2023, it needed a competitive edge. It found one — a Dubai-based supplier offering meaningfully discounted LPG, purportedly from Oman and Iraq. It was a compelling deal. It was also, as OFAC’s May 18, 2026 enforcement release makes clear, a sanctions disaster hiding in...