Corruption Crime & Compliance

Michael Volkov
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Michael Volkov tackles the current and hot topics in the legal realms of corruption, crime, and compliance.

  1. Is Your AI Risk Assessment Ready? (Part 2)

    20H AGO

    Is Your AI Risk Assessment Ready? (Part 2)

    Here are 3 more reasons you may think twice about letting ChatGPT run your compliance program. First, content monitoring. The content that you generate through ChatGPT or any AI service can raise real risks with regard to improper intellectual property, data privacy risks where you name certain individuals or name certain identifiers, and most importantly, remember your third-party risks. When it comes to AI, you're using vendors, and those vendors have their own AI policies, and you need to analyze and mitigate those risks as part of the due diligence process and as part of the monitoring process once you've onboarded them. So be careful, take all our six steps and hold them together and mitigate your risks.  The Ethics and Compliance Q and A show is produced by One Stone Creative.

    1 min

  2. 2D AGO

    Episode 406: AI Risks and Compliance – Building a Governance Framework

    Artificial intelligence is rapidly transforming business operations—but it is also introducing a new generation of legal, ethical, and compliance risks. In this episode, we explore how AI risk is accelerating across organizations, from data leakage and bias to over-reliance on flawed outputs and hidden third-party exposure. Drawing on real enforcement trends and practical examples, we explain why AI risk is fundamentally a human and governance issue—not just a technology challenge—and why companies must adopt a risk-based approach that distinguishes between high- and low-risk AI use cases. This episode outlines the core elements of an effective AI compliance program, including governance structures, employee training, vendor oversight, and regulatory readiness in an increasingly scrutinized environment.

    12 min
  3. Is Your AI Risk Assessment Ready? (Part 1)

    5D AGO

    Is Your AI Risk Assessment Ready? (Part 1)

    Are you actually thinking of turning over your compliance program to ChatGPT? If so, you need to listen to this. AI has to be implemented in a methodical way, a step-by-step program. So let's talk about those steps. First, you need a governance structure, meaning you have to have an organization responsible across the entire organization for all your uses of AI. Second, like every issue that we deal with in ethics and compliance, you need a risk assessment. And you need to look at specific use cases and how those are going to impact your risk profile. This is critical. Only then you can start to tailor your program. Third, you need to decide and investigate what exactly your risks are. Is it algorithmic, meaning you're using it for your business purpose, or non-algorithmic? Stay tuned to part two, and we're gonna talk about the rest of the steps. The Ethics and Compliance Q and A show is produced by One Stone Creative.

    2 min

  4. APR 13

    Episode 405 - DOJ Balt Declination: Individual Accountability in Action

    In this episode, we examine the Department of Justice’s declination in the Balt Medical case—a textbook example of how DOJ is applying its Corporate Enforcement Policy in practice. Despite a multi-year foreign bribery scheme involving payments to a physician at a state-owned hospital, DOJ declined to prosecute the company based on its timely self-disclosure, full cooperation, and effective remediation. But the real story lies in DOJ’s simultaneous prosecution of two individuals who allegedly orchestrated the scheme, highlighting the central role of individual accountability in earning cooperation credit. This episode unpacks how companies must now “connect the dots” for prosecutors—identifying responsible actors and providing actionable evidence—if they hope to secure favorable outcomes.

    10 min

  5. APR 13

    Episode 404 -- Venezuela Sanctions Update (2026)

    In this episode, we break down the sweeping shift in U.S. sanctions policy toward Venezuela following the 2026 political transition and the issuance of multiple new general licenses by the Office of Foreign Assets Control. While the U.S. has opened the door to significant commercial activity—particularly in oil, gas, and minerals—this is not a full lifting of sanctions but a highly conditional framework with strict compliance guardrails. Companies can now engage in transactions involving Venezuelan energy and infrastructure, but must navigate complex restrictions, reporting obligations, and geopolitical limitations, including prohibitions involving Russia, Iran, and China-linked entities. This episode explores the opportunities, risks, and compliance challenges created by this carefully calibrated reopening of the Venezuelan economy.

    10 min

  6. APR 6

    Episode 403 -- The Continuing Threat of FCPA Enforcement Against Individuals

    The final quarter of 2025 produced a modest resurgence in Foreign Corrupt Practices Act (FCPA) activity following the administration’s June 2025 FCPA guidelines. Whether that uptick signals a sustained enforcement trend remains uncertain. But one theme remains clear: individual FCPA enforcement is alive and well. While corporate resolutions may benefit from evolving DOJ policy and a renewed emphasis on negotiated dispositions, individuals continue to face indictment, trial, sentencing, forfeiture, and reputational destruction

    11 min

  7. MAR 30

    Episode 402: Paul Allen: The Promise of AI, Governance and Public Trust

    In this episode of Corruption, Crime and Compliance, Michael Volkov sits down with entrepreneur and innovator Paul Allen, founder of Ancestry.com and Soar.com, to explore the evolving intersection of artificial intelligence, governance, and public trust. Paul shares insights from his latest venture, CitizenPortal.ai, an AI-powered civic intelligence platform aimed at making government activity more transparent, accessible, and accountable to everyday citizens. The conversation moves beyond hype, focusing on how AI can strengthen—not replace—democratic institutions through constrained, verifiable systems that enhance understanding and engagement. With a thoughtful and pragmatic lens, Paul discusses the risks, opportunities, and responsibilities that come with deploying AI in the public sphere, offering listeners a compelling vision for how technology can rebuild trust in institutions at a critical moment.

    54 min

  8. MAR 25

    Episode 401 -- Commerce Department's Recent Export Controls Enforcement Actions

    The U.S Department of Commerce announced two settlements recently involving export control enforcement actions. First, the Department of Commerce’s Bureau of Industry and Security (BIS) imposed a $374,474 civil penalty against California-based satellite technology supplier Vizocom for unlawfully exporting controlled technical data related to military antennas to a Chinese manufacturer. Second, (BIS) imposed a $1 million civil penalty against Teledyne FLIR, a U.S. manufacturer of thermal imaging cameras, for multiple violations of the Export Administration Regulations (EAR) involving exports to China and Hong Kong. The enforcement action highlights a recurring compliance challenge for multinational exporters: the complex application of the EAR’s de minimis rules, as well as the importance of careful screening and strict adherence to license conditions.

    14 min
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About

Michael Volkov tackles the current and hot topics in the legal realms of corruption, crime, and compliance.

Information

  • Creator
    Michael Volkov
  • Years Active
    2017 - 2026
  • Episodes
    389
  • Rating
    Clean
  • Copyright
    © Copyright 2022 Corruption Crime & Compliance
  • Show Website
    Corruption Crime & Compliance

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