Day: August 8, 2019

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Trekking Through Compliance

Trekking Through Compliance-Episode 69 – Whom Gods Destroy

In this episode of Trekking Through Compliance, we consider the episode Whom Gods Destroy which aired on January 3, 1969, Star Date 5718.3.
Compliance Takeaways:

  1. Do you have audit rights and do you exercise them?
  2. High risk does not mean you cannot move forward, it means you must have a robust risk management strategy.
  3. Do you go with facts or your gut in decision making?
Categories
Adventures in Compliance

The Three Gables and Institutional Justice

We are back with fan favorite Sherlock Holmes week. In this week’s special series of podcasts, I will focus on the first five from The Casebook of Sherlock Holmes, mining each story for themes and lessons related to the compliance professional, leadership and business ethics. In today’s offer, I consider The Adventure of the Three Gable and how institutional justice in any best practices compliance program. Join us tomorrow where we conclude our week of stories from The Casebook of Sherlock Holmes by looking at the The Adventures of the Sussex Vampire and how it informs root cause analysis.

Categories
Accountability: The Heart of Compliance

Episode 3-The Process of Building a Culture of Compliance

We have been getting accountability all wrong in the compliance profession. It’s not a set of tasks – it’s a way of thinking and it has to come from the heart as well as the head. On Accountability: The Heart of Compliance Tom Fox and Sam Silverstein dig into what accountability means to the corporate compliance function and business organizations and most significantly, how to make it an integral part of your culture. In this episode we consider the process for building a culture of compliance. Some of the highlights include:

  • How to perform an accountability assessment?
  • What is a core values evaluation?
  • How can you both discover and assess your company’s core values?
  • How can you establish core values?
  • How can you disseminate your core values throughout your organization?

For more information on Sam Silverstein’s Consulting and Organizational Development, click here.

Categories
Everything Compliance

Episode 51-August Reflections Edition

Welcome to the only roundtable podcast in compliance. Today, we have a quartet of Jay Rosen, Matt Kelly, Jonathan Armstrong and Tom Fox. Rants and shouts outs follow the commentary for this episode.
  1. Jay Rosen takes a look at the recent white paper by ECI President Dr. Pay Harned on the new DOJ Evaluation of Corporate Compliance Programs and ECI’s High Quality Compliance Programs. Jay shouts out to Preet Bharara’s podcast “Stay Tuned”.
  2. Jonathan Armstrong considers the Serco Deferred Prosecution Agreement the SFO’s failures in prosecuting individuals former company employees. Jonathan shouts out to those who talk about mental health issues in public.
  3. Tom Fox considers the lessons learned from the TechnipFMC and Microsoft FCPA settlements. Tom shouts out to his fellow Southerner Moscow Mitch and his invitation to Mr. Putin to come on over during the next presidential election.
  4. Matt Kelly considers the lessons from the recent Facebook settlements with the FTC and SEC. Kelly shouts out to Federal Reserve examiners who reviewed tech vendors at banks they were auditing.
The members of the Everything Compliance are:
  • Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
  • Mike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.
  • Matt Kelly– Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com
  • Jonathan Armstrong–is our UK colleague, who is an experienced lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com
  • Sarah Hadden–Publisher at Corporate Compliance Insights. Hadden can be reached at Sarah@corporatecomplianceinsights.com
The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network.
Categories
Daily Compliance News

Daily Compliance News: August 8, 2019, the ostrich edition

In today’s edition of Daily Compliance News:

  • Swiss bank ignores compliance officer; pays $10.7M for tax evasion. (Compliance Week)
  • SFO issues guidance for corporate cooperation. (FCPA Blog)
  • Why DD in the pre-acquistion phase is so critical. (WSJ)
  • Colombia ordered to pay banks shuttered during Odebretch investigation. (Reuters)