This week’s guest on The Walden Pond podcast is John Warren, General Counsel for the Association of Certified Fraud Examiners (ACFE). He has been working for several years with the Institute for Fraud Prevention (IFP), an academic research foundation that has provided financial and data support for over 50 studies in the areas of fraud, corruption and white-collar crime. The ACFE Foundation has now taken over the IFP operations. In addition to giving scholarships, the ACFE will support academic researchers to do serious studies on issues that would benefit CFEs and other anti-fraud professionals.
Listen to the Episode:
As the world’s largest anti-fraud organization, John says that the AFCE is well-suited to disseminate research findings to its 85,000 members who can make practical use of the information. In 2020 and beyond, researchers can compete for funding for projects they believe will drive practical results for anti-fraud professionals. If selected to proceed to the selection round, they must pitch their ideas before a Shark Tank-style selection committee. The committee will then decide on the projects they will support based on budget and the value they believe the project will bring to the industry. John points out that the ACFE prides itself on providing data support, since researchers are always looking for good data.
John tells Vince that going forward, he hopes to see corporations and government regulators working alongside academia to solve long-standing problems in the anti-fraud space.
Resources
ACFE.com
Email John: jwarren@acfe.com
Day: December 5, 2019
Welcome to the only roundtable podcast in compliance. Today, begin a two-part series on our fan favorite year-end wrap up on the state of compliance under the Trump Administration. We have been following this topic since Trump was elected in 2016 and it one of the most anticipated podcast releases for the year. Today, we have a triple serving of Jay Rosen, Matt Kelly and with a potpourri of topics. Rants and shouts outs follow the commentary for this episode.
- Matt Kelly looks at what the SEC has accomplished (or not) over the past year as I pose the question “has Jay Clayton actually done anything?” Kelly rants about Attorney General Bill Barr’s theory of the unitary executive and blaming the Secular Left for the ills under Trump.
- Jay Rosen discusses compliance programs from the Benczkowski Memo to Evaluation of Corporate Compliance beyond, what does it mean for the compliance practitioner. Rosen rants about the cultural morass in Boston which led to the Patriots signing Antonio Brown and then shouts out to them for not only cutting him but not resigning him as they clearly need a competent receiver.
- Tom Fox sits in this episode to discuss the policy announcements which promoted corporate compliance programs this year; including the Criminal Division’s Guidance on compliance programs, the Antitrust Division’s Guidance on compliance programs and the OFAC Compliance Framework. Fox provides advice to Elon Musk that if you are unveiling a bullet proof car on live TV, then make sure the windows are actually bullet proof before you throw metal balls at them and they shatter.
Resources:
From Tom Fox, white papers on each of the three topics, all available on CCI:
OFAC Framework
Antitrust Division Compliance Program
Criminal Division Compliance Program
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 data privacy/data protection 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.
In today’s edition of Daily Compliance News:
- Peleton takes heat over TV ad. (Washington Post)
- Warren takes aim at bank mergers. (NYT)
- Assistant Attorney General Brian A. Benczkowski Delivers Remarks at the ACI Conference on the FCPA. (DOJPress Release)
- Risk and AI. (WSJ)
