Updating Your Risk Priorities for the New Trump Administration
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Feb 24, 2025
Corporate risks are evolving, necessitating a new approach for boards and compliance teams. With a shift in regulatory focus, businesses must reassess priorities, especially concerning anti-corruption and antitrust enforcement. The pause in FCPA enforcement highlights the importance of maintaining anti-corruption programs. As the DOJ targets criminal cartels, companies operating in high-risk areas must adapt. The discussion also emphasizes the changing landscape of trade compliance and the impact of tariffs on import-reliant firms, underscoring the need for diligent monitoring.
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Maintain Anti-Corruption Programs
Maintain your anti-corruption program, despite the pause in FCPA enforcement.
Ethical companies with strong compliance cultures perform better.
insights INSIGHT
Reassess and Re-Rank Risks
Reassess corporate risks at the board, C-suite, and compliance team levels.
Basic and technology risks like cybersecurity, data privacy, and AI remain top priorities.
volunteer_activism ADVICE
Assess Trade and Supply Chain Risks
Assess the impact of potential trade tariffs if your company imports or exports.
Consider alternative supply chain options and evaluate risks related to high-risk regions.
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Are You Ready for the Next Wave of Corporate Risk? Corporate risks are shifting, and every board, C-suite, and compliance team must take a fresh look at their risk landscape. While some risks like cybersecurity, data privacy, and artificial intelligence remain high priorities, others—such as anti-corruption and antitrust enforcement—are evolving in unexpected ways. With regulatory changes and new enforcement priorities emerging, businesses must stay ahead of the curve to avoid costly missteps. In this episode of Corruption, Crime & Compliance, Michael Volkov unpacks the latest updates in FCPA enforcement, antitrust scrutiny, and trade compliance. With the DOJ shifting its focus, companies need to prepare for the new compliance reality.
You'll Hear Him Discuss:
Why companies must reassess their risk priorities in today’s unpredictable business environment, as corporate risks continue to shift in response to new regulatory and enforcement trends.
The impact of the FCPA enforcement pause, what it really means for global businesses, and why companies cannot afford to dismantle their anti-corruption programs despite the temporary halt in enforcement.
How the DOJ is shifting its focus toward prosecuting criminal cartels and transnational organizations, and what that means for businesses operating in high-risk regions or industries.
The evolving landscape of antitrust enforcement, including key takeaways from Gail Slater’s confirmation hearing and how the administration’s new approach may impact high-tech competition cases.
How businesses should prepare for heightened tariffs, trade compliance risks, and increased customs enforcement, particularly as the U.S. targets imports from China, Southeast Asia, Mexico, and Canada.
Why workplace immigration enforcement is becoming a bigger concern, with the government ramping up workplace raids, audits, and compliance checks for companies employing immigrant workers.
The growing scrutiny around government grants, the potential for fraud investigations, and how businesses receiving federal funds must ensure strict compliance with evolving regulatory requirements.
Corruption Crime & Compliance