Anti-Corruption, International Emergency Economic Powers Act (IEEPA)

New FCPA Guidance — What to Expect (Part IV of V)

The Volkov Law Group on 2/12/2025

As we continue through the maze of Executive Orders and new Guidance, which is expected in 180 days, the questions surrounding FCPA enforcement are swirling. In some respects, we have had a preview. It is hard to know what...more

AG Bondi Overhauls FCPA Enforcement in Day 1 Memo

Foley Hoag LLP - White Collar Law &... on 2/7/2025

On February 5, 2025, on her first day in office, U.S. Attorney General Pam Bondi issued fourteen memos outlining new policies for the U.S. Department of Justice (“DOJ”) in a broad range of enforcement arenas. Among these Day...more

OFAC Releases Guidance on Extended Statute of Limitations & Forthcoming Recordkeeping Changes

The Volkov Law Group on 7/25/2024

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has released updated guidance concerning recent legislation that doubled the statute of limitations for violations of certain sanctions and export control...more

The American Front in Russia’s War on Ukraine: DOJ’s “Task Force KleptoCapture” Continues Focus on Operations of Sanctioned...

Ballard Spahr LLP on 3/1/2024

We previously have blogged on actions taken by the DOJ’s “Task Force KleptoCapture,” an interagency law enforcement task force with a mandate to target sanctioned Russian and pro-Russian oligarchs. While explicitly launched...more

Sanctions and Cyber and Crypto, Oh My: The Convergence of Emerging Regulatory and Enforcement Risks Requires Nimble Responses...

Bracewell LLP on 5/17/2022

At a sanctions conference held in Washington D.C. on May 5, government officials, practitioners and corporations highlighted the government’s broadening focus on anti-corruption enforcement, across more traditionally siloed...more

New standards against the financing of the proliferation of weapons of mass destruction

White & Case LLP on 11/25/2020

The Financial Action Task Force ("FATF"), the international standard-setting body for national anti-financial crimes regimes, recently issued new obligations for governments and, by extension, financial institutions ("FI"),...more

US targets Iranian financial services firm

Society of Corporate Compliance and Ethics... on 6/4/2020

Report on Supply Chain Compliance 3, no. 11 (May 28, 2020) - The U.S. Department of Justice indicted an Iranian national, Seyed Sajjad Shahidian, for helping Iranian businesses buy goods from the U.S. through his firm,...more

2020 Department of Commerce Civil Monetary Penalty Adjustments for Export Violations

Polsinelli on 2/13/2020

On January 3, 2020, the U.S. Department of Commerce published their annual notice for adjustments in the civil monetary penalties for export violations....more

Red Notice Newsletter - August 2019

Akin Gump Strauss Hauer & Feld LLP on 9/9/2019

ANTICORRUPTION DEVELOPMENTS - Telecommunications Company Fined $12 Million for FCPA Violations - On August 29, 2019, The Securities and Exchange Commission (SEC) instituted ceaseand-desist proceedings against...more

DOJ and OFAC Announce Another Sanctions Settlement – UniCredit Group Banks Pay Over $1.3 Billion and Subsidiary Bank Agrees to...

The Volkov Law Group on 4/25/2019

The Justice Department and the Treasury Department’s Office of Foreign Asset Control (OFAC) are on a roll. Global banks are facing renewed prosecutions, along with aggressive sanctions prosecutions of companies for...more

Red Notice Newsletter - July 2018

Akin Gump Strauss Hauer & Feld LLP on 8/1/2018

ANTICORRUPTION DEVELOPMENTS - DOJ Extends FCPA Corporate Enforcement Policy to Misconduct in Mergers and Acquisitions - On July 25, 2018, in a speech to the Ninth Global Forum on Anti-Corruption Compliance in High Risk...more