Day: September 26, 2019

Categories
The Ethics Movement

Dan Chapman on DOJ Guidance Best Practices

CONVERGE is in its 4th year of bringing together the world’s leading companies for 2 days of dynamic speakers, thought-provoking breakout sessions, and opportunities to connect with like-minded professionals. You will leave the conference with new resources and best practices allowing you to continue the hard work of driving ethics to the center of your business. In today’s episode I visit with Dan Chapman, founder and Principle of Presyse Consulting. We visit about his interactive presentation at Converge19 on DOJ Guidance Best Practices.
In this presentation, Chapman will be joined by Jay Rosen VP at Affiliated Monitors, Inc. and Jonathan Marks, Partner at Baker Tilly. They will discuss the new DOJ guidance contained some subtle but impactful messages for the E&C community. This session will explore these key messages, the impact they are having and how you can best align your program with this guidance. For example, the emphasis on culture is a clear indication of the elevation of E&C, the impact you have on your business and the expectations that regulators now have that go way beyond pure regulatory adherence. You will leave this session better armed to elevate your programs to align with this new guidance and the emerging trends in our industry.
For more information on Converge19, click here.
Categories
Everything Compliance

Episode 53-the Keep Calm and Compliance On edition

Welcome to the only roundtable podcast in compliance. Today, we have a quartet of Jay Rosen, Matt Kelly, Sarah Hadden and Mike Volkov with a potpourri of topics and commentary on current events from the compliance perspective. Rants and shouts outs follow the commentary for this episode.
  1. Mike Volkov takes a deep dive into the Business Roundtable’s Statement on the Purpose of a Corporation. Volkov shouts out to Stephen Colbert and his humor for helping to get him through the Trump years.
  2. Jay Rosen considers whether the term Culture Culture Culture has supplanted the phrase Document Docment Document as the 3 most important words in compliance. Rosen shouts out to two recently deceased rockers who came of age in the 70s and 80s; Eddie Money and Ric Ocasek, as they joined that great band in Rock and Roll Heaven. Jay bids them to ‘go with God.’
  3. Sarah Hadden considers ethics and incentives to drive employee behavior. Hadden shouts out to the LinkedIn group Keep Calm and Compliance On which provides practical and science-backed strategies on how to thrive as a compliance officer.
  4. Matt Kelly considers the imbroglio around the Intelligence Whistleblower and the Trump Administration stonewalling its mandated review by Congress. He analyzes it in the context of a corporate whistleblower and corporate oversight. Kelly shouts out to the SEC for prosecuting Vantage Drilling for fabricating the existence of a CFO for nearly 3 years on SEC mandated reporting.
  5. Tom Fox shouts out to Major League Baseball for being the greatest of America’s pastimes for three reasons (1) Yaz tossing the Opening Pitch to his grandson, Mike Yastrzemski on the occasion of his grandson’s first appearance in Fenway Park (albeit as a San Francisco Giant). Mike responded by hitting a home run later in the game; (2) Toronto Second Baseman, Cavan Biggio, son of Hall-of-Famer Craig Biggio, hit for the cycle this week; thereby becoming the first father/son duo to hit for the cycle in MLB history; and (3) the Houston Astros became the 6thteam in MLB history to have three consecutive 100 win seasons.
Categories
The Walden Pond

Staying Ahead with Technology with Henry Dicker

Host Vince Walden welcomes this week’s guest, e-discovery legend Henry Dicker to the podcast. Henry is the President of data privacy and forensic service consultancy firm, Franklin Data. Before that, he worked with ALM in legal tech for 20 years. Vince asks Henry to reflect on the heydays of legal tech. Henry describes the momentous strides made during those early years, including how today’s discovery evolved from Boolean search.

Listen to the episode now:

The main issue, Henry points out, will always be preservation of data. No corporation or advisor can manage the vast amount of data without decent technology. As technology evolves and regulatory demands become greater, firms need to keep up with the times or get left behind. He advises CCOs to engage other departments, even board members, to do this successfully. He lists three questions a CCO should ask himself and other stakeholders:

  1. What do you believe is the greatest regulatory risk facing the company?
  2. What do you believe is the greatest business risk facing the company?
  3. What do you believe is the greatest geographic risk facing the company?
Treat these questions like a math or statistical calculation: take the sum of all their answers and align them with your answers to the same question; aggregate them and now you have a starting point for where you should be going.


Vince asks Henry about the innovations and technologies that excite him. Henry talks about four such technologies, including the rise of AI and its future implications.

Resources 
Nexem Legal, formerly Franklin Data
Categories
Daily Compliance News

September 26, 2019- the Suicide or Other edition

In today’s edition of Daily Compliance News:
  • Comscore, former CEO settle with SEC. (WSJ)
  • Mgr at Fiat Chrysler Automobiles criminally charged. (NYT)
  • Senators propose whistleblower reform. (Radical Compliance)
  • Danske banker found dead. (FT)