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Podcast: Corruption Crime & Compliance
Episode: Corficolombiana DOJ and SEC FCPA Settlements
Description: When operations span across borders, navigating local regulations and ethical standards becomes even more crucial. As evidenced by Corficolombiana's case, neglecting these measures can lead to hefty legal ramifications and significant economic repercussions. In this episode of Corruption, Crime and Compliance, Michael Volkov unravels the Corficolombiana and Group Aval scandal, shedding light on the importance of implementing and maintaining robust ethics and compliance programs for global companies.You’ll hear Michael talk about:Corfico is a subsidiary of the Colombian financial behemoth, Grupo Aval. The two entities agreed to substantial settlements with both th...