24 episodes

Corruption, Crime & Compliance is a podcast for legal and compliance professionals who want to keep up to date with the world of corporate governance, ethics, compliance, corruption and white collar crime. In each episode, Michael Volkov, a former federal prosecutor, brings his unique perspective and practical experience to cutting-edge trends in the governance and risk management landscape. Whether you’re looking to understand the latest FCPA developments, hear expert analysis on important ethics, compliance and governance trends, or simply join a community of engaged legal and compliance leaders, Michael Volkov will consistently present discussions and analysis of important issues in this fast-growing field.
Welcome to Corruption, Crime & Compliance!

Corruption, Crime & Compliance Volkov Law

    • Business
    • 4.9 • 36 Ratings

Corruption, Crime & Compliance is a podcast for legal and compliance professionals who want to keep up to date with the world of corporate governance, ethics, compliance, corruption and white collar crime. In each episode, Michael Volkov, a former federal prosecutor, brings his unique perspective and practical experience to cutting-edge trends in the governance and risk management landscape. Whether you’re looking to understand the latest FCPA developments, hear expert analysis on important ethics, compliance and governance trends, or simply join a community of engaged legal and compliance leaders, Michael Volkov will consistently present discussions and analysis of important issues in this fast-growing field.
Welcome to Corruption, Crime & Compliance!

    Matt Stankiewicz on the Bittrex OFAC and FinCEN Enforcement Action

    Matt Stankiewicz on the Bittrex OFAC and FinCEN Enforcement Action

    In this episode, cryptocurrency expert Matt Stankiewicz discusses why sanctions and AML compliance need to be taken seriously in the cryptocurrency industry.

    Matt Stankiewicz, a Partner at Volkov Law, is a leading industry expert on cryptocurrency. Bittrex, a leading cryptocurrency exchange, suffered twin enforcement actions for AML and Sanctions Compliance deficiencies. Matt takes a deep dive on the enforcement actions and outlines practical compliance steps that every cryptocurrency exchange should implement.

    Join us as we discuss:

    The enforcement action on Bittrex led by OFAC and FinCEN
    Why compliance risks are increasing in the cryptocurrency industry
    Practical steps that all cryptocurrency exchanges should implement 


    To reach Matt email him at: mstankiewicz@volkovlaw.com

    • 29 min
    Training and Corporate Culture: Interview of Maria D’Avanzo, Chief Evangelist Officer, Traliant

    Training and Corporate Culture: Interview of Maria D’Avanzo, Chief Evangelist Officer, Traliant

    Does compliance training have to be boring? Our guest explains how your organization can make compliance training engaging and fun for your employees.

    Maria D’Avanzo is the Chief Evangelist Officer at Traliant. Maria provides key insights on corporate ethics and compliance training programs. Maria describes how to take your training program to the next level and tailor the content to deliver training on important issues based on your company’s risk assessment..

    • 30 min
    Cybersecurity Risks Increase for FInancial Institutions Relying on the Cloud: A Discussion with Carlo Massimo

    Cybersecurity Risks Increase for FInancial Institutions Relying on the Cloud: A Discussion with Carlo Massimo

    Financial institutions are rapidly moving their operations to the cloud. In response to this development, and the increasing risks of cyber breaches, legislators and regulators are gearing up to impose significant cybersecurity requirements.

    Carlo Massimo is a journalist who covers Cyber Security and International Tech Policy. Carlo was a former contributing editor at the Wilson Center's Quarterly, writes Citizen Techs information week monthly policy column, and contributes to the Dark readings profile as a Features Writer.

    In this episode, Carlo talks about the implications of financial institutions moving to the cloud, and the response by lawmakers and regulators to this significant trend.

    Join us as we discuss:

    Carlos's perspective on possible designation of financial institutions operating in the cloud as "critical infrastructure"
    Are global financial institutions ready for new cybersecurity regulations aimed at mitigating the risks of a data breach
    The perspective from both the United States and the European Union on this important issue    


    Carlo’s article on Information Week: Legislators Gear Up to Regulate Cloud Resiliency

    • 27 min
    Episode 249 -- DOJ Issues New Corporate Enforcement Policy

    Episode 249 -- DOJ Issues New Corporate Enforcement Policy

    The Biden Administration promised a new, aggressive approach to corporate crime. Well, the Justice Department just delivered a new, comprehensive policy that raises a number of issues, some of which are likely to be controversial. The new policy incorporates reforms announced last October that largely centered on prior corporate criminal and civil records; appointment of independent compliance monitors and expanding review of responsible persons in an internal investigation.The Justice Department's new Corporate Enforcement Policy ("CEP"), however, expands on earlier policy changes but includes some new and far-reaching reforms that are intended to increase individual accountability and promote corporate culture through financial incentives and deterrence policies. This last idea is a significant expansion of DOJ's CEP and is sure to reverberate through the business and compliance community. Chief compliance officers face a new requirement for their companies -- creating an effective system of carrots and sticks to punish misconduct and increase rewards for ethical behavior.DOJ's new CEP also lays the groundwork for further consideration of corporate responsibility for preserving electronic messaging, ephemeral services and other electronic data. DOJ's discussion in this area reflects DOJ's frustration with corporate internal investigation that omits access to electronic data, especially in those situations where employees use personal devices for business-related communications. The revised CEP provides guidance to prosecutors and the business community to ensure individual and corporate accountability through the evaluation of various factors, including: (1) Corporate History of Misconduct; (2) Self-Disclosure and Cooperation; (3) the Strength of a Company's Compliance Program; (4) the Use and Monitoring of Corporate Monitors (including their selection and scope of a monitor's work). 

    • 24 min
    Episode 249 -- DOJ Issues New Corporate Enforcement Policy

    Episode 249 -- DOJ Issues New Corporate Enforcement Policy

    The Biden Administration promised a new, aggressive approach to corporate crime. Well, the Justice Department just delivered a new, comprehensive policy that raises a number of issues, some of which are likely to be controversial. The new policy incorporates reforms announced last October that largely centered on prior corporate criminal and civil records; appointment of independent compliance monitors and expanding review of responsible persons in an internal investigation.The Justice Department's new Corporate Enforcement Policy ("CEP"), however, expands on earlier policy changes but includes some new and far-reaching reforms that are intended to increase individual accountability and promote corporate culture through financial incentives and deterrence policies. This last idea is a significant expansion of DOJ's CEP and is sure to reverberate through the business and compliance community. Chief compliance officers face a new requirement for their companies -- creating an effective system of carrots and sticks to punish misconduct and increase rewards for ethical behavior.DOJ's new CEP also lays the groundwork for further consideration of corporate responsibility for preserving electronic messaging, ephemeral services and other electronic data. DOJ's discussion in this area reflects DOJ's frustration with corporate internal investigation that omits access to electronic data, especially in those situations where employees use personal devices for business-related communications. The revised CEP provides guidance to prosecutors and the business community to ensure individual and corporate accountability through the evaluation of various factors, including: (1) Corporate History of Misconduct; (2) Self-Disclosure and Cooperation; (3) the Strength of a Company's Compliance Program; (4) the Use and Monitoring of Corporate Monitors (including their selection and scope of a monitor's work). 

    • 24 min
    Episode 248 -- Deep Dive into the GOL Brazil FCPA Settlement

    Episode 248 -- Deep Dive into the GOL Brazil FCPA Settlement

    The Department of Justice and the Securities and Exchange Commission reached a $41 million settlement with GOL Linhas Aéreas Inteligentes S.A. ("GOL") to resolve criminal and civil foreign bribery charges. GOL entered into a three-year deferred prosecution agreement ("DPA") with DOJ in exchange for payment of a $17 million criminal penalty. DOJ credited $1.7 million of that penalty against a $3.4 million fine that GOL agreed to pay law enforcement authorities in Brazil to resolve charges in Brazil. In a separate resolution, GOL agreed to pay $24.5 million over two years to the SEC. The SEC's initial settlement calculation was for $70 million, but it was reduced to $24.5 million based on GOL's financial condition.In this Episode, Michael Volkov reviews the DOJ and SEC FCPA settlement actions.

    • 19 min

Customer Reviews

4.9 out of 5
36 Ratings

36 Ratings

JoshCrist ,

Timely, insightful and actionable! 👏👏👏

Whether you’re well established as a compliance innovator, or just getting started as a catalyst for change - this is a must-listen podcast for you! Michael does an incredible job leading conversations that cover a huge breadth of topics related to the ins and outs of navigating an evolving legal landscape - with leaders who’ve actually experienced success themselves. Highly recommend listening and subscribing!

JAM23456789 ,

Helpful Resource for Compliance Professionals

It’s great to have an on-demand resource that discusses timely compliance topics. Mike does a great job - always nice to hear insight from a former federal prosecutor!

BelusB ,

Insightful and succinct

Very interesting material presented in an easily digestible manner. Good use of your time!

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