 Why 90% of Companies Violate 224-FZ: A Case Study of the Toro CEO How an AI Agent Analyzes Compliance Violations in 47 Seconds, While a Human Takes 3 Days In April 2026, the CEO of Toro executed a major stock transaction—the purchase volume exceeded tens of millions of dollars. Analysts estimate the growth potential of the securities at several times their current levels. But this is not a story about a successful investment. It is a story about why most Russian companies systematically violate Federal Law No. 224-FZ "On Countering the Misuse of Insider Information and Market Manipulation"—and often don't even realize it. What 224-FZ Requires The law obligates insiders—directors, top managers, owners of large stakes—to disclose information about securities transactions within strictly defined deadlines. Non-compliance results in fines under Article 15.21 of the Russian Code of Administrative Offenses: up to one million rubles for officials, up to five million for companies. The problem is that manual compliance checks are a nightmare. A lawyer opens the transaction database, cross-references it with the insider registry, checks dates, calculates volumes, and looks for matches with closed periods. One transaction takes three to eight hours of a qualified specialist's work. If a company has fifty insiders and each makes at least a couple of transactions per month—that's a full workday for an entire department. People get tired, make mistakes, miss deadlines. Hence, ninety percent of violations. Not malicious intent, but human error. What the AI Saw in 47 Seconds I ran the Toro CEO's transaction through an AI agent configured for compliance analysis under 224-FZ. The result: 47 seconds. The agent automatically checked: whether the CEO is an insider under the law, whether the transaction volume falls under the disclosure threshold, whether it coincides with a closed period, whether the notification deadline was met, and whether the transaction price was correctly stated. A human with the same input would have spent at least three days: a request to the depository, cross-referencing with the registry, legal analysis, and preparing a conclusion. And that's without a guarantee of not missing some nuance, like a recent change in the disclosure procedure. What Changed in 2026 From recent ConsultantPlus news: in extracts from the Unified State Register of Legal Entities (USRLE) and the Unified State Register of Individual Entrepreneurs (USRIP), tax authorities have begun to reflect OKVED codes of the reporting type—a transition period until 2028. This directly affects insider lists: if a company's OKVED has changed, the list of persons with access to insider information may have changed as well. Old lists mean new risks. Another precedent: the court upheld a fine for submitting EFS-1 on paper when the manager did not have an electronic signature. The court said: the manager should have appointed a person responsible with an electronic signature. The logic is the same—lack of technical capability does not relieve responsibility. This also applies to the disclosure of insider transactions. Why an AI Agent is a Necessity The average salary of a compliance lawyer in Moscow is from two hundred fifty thousand rubles. An AI agent costs several times less, works around the clock, and does not make mistakes due to fatigue. But the main thing is speed. When a CEO buys shares for a large amount, the market reacts within hours. A compliance department that checks a transaction for three days is hopelessly late. An AI agent that analyzes in 47 seconds provides an answer before the information reaches the market. The difference between "checked post-factum" and "prevented a violation" is the difference between a five-million-ruble fine and a clear conscience. The Toro CEO's transaction is an ideal case for demonstration. A human would have spent days. AI—seconds. And this is not about replacing lawyers. It's about letting lawyers focus on strategy instead of digging through spreadsheets. Want to test your compliance strength? Get a token for 1500 AI analytics operations when registering at asibiont.com. Upload your insider transaction data—the agent will show which ones violate 224-FZ in 47 seconds.