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ComplianceLIVE

ComplianceLIVE Episode 13: From Chaos to Crisis Management–An Interview with Vanessa Vaughn Mathews


Cailyn and Amanda welcome the Founder & Chief Resilience Officer of Asfalis Advisors, Vanessa Vaughn Mathews to the show.
Listen to the episode:

EPISODE NOTES

Asfalis Advisors is focused on one thing: making your company resilient, no matter what’s thrown at it.
https://www.asfalisadvisors.com/
Check out more episodes and full episode videos at ComplianceLine.com, and don’t forget to subscribe on your favorite podcast platform!
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31 Days to More Effective Compliance Programs

The Compliance Advantage of Data


The Department Of Justice and Securities and Exchange Commission have both made it clear that they expect companies to be more robust in their use of data analytics in compliance programs. This means using data to not only detect and prevent illegal conduct but also in the remediation prong of any best practices compliance program as well through continuous improvement. Former Deputy Assistant Attorney General Matthew Miner said in a speech that the DOJ will inquire whether compliance departments have access to internal data that could help them identify misconduct and whether compliance officers make adequate use of data analytics in their reviews of companies under investigation. Since at least 2016 in the Foreign Corrupt Practices Act (FCPA) enforcement action involving Key Energy Services, Inc., the SEC has been communicating to compliance professionals of the need for increased use of data and data analytics in any compliance program.
The new DOJ Antitrust Division released its Evaluation of Corporate Compliance Programs in Criminal Antitrust Investigations (Antitrust Guidance), was the clearest regarding this mandate when it stated, “Does the company use any type of screen, communications monitoring tool, or statistical testing designed to identify potential antitrust violations?” For the anti-corruption compliance professional, this means you need to incorporate a statistical analysis into your ongoing monitoring to see if there are any anomalies which could be indications of FCPA violations.
The bottom line is that it is not if but when you begin to incorporate corporate information into your compliance program to make your compliance program more efficient and your business process run more effectively. My suggestion is that you begin now to identify the data you have access to and the data to which you currently do not have access. Find a way to bridge that gap.
Three key takeaways:

  1. What advantages can data bring to your compliance regime?
  2. Both the DOJ and SEC have said companies need to be using data in their compliance programs.
  3. Data will make your compliance program more effective, your business process more efficient and your company more profitable.

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit this month’s sponsor Affiliated Monitors at www.affiliatedmonitors.com.

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Daily Compliance News

March 5, 2020-the Kid Gloves Treatment edition


In today’s edition of Daily Compliance News:

  • Trump Administration promised Wells Fargo kid gloves treatment. (NYT)
  • SEC seeks to ease more fund raising rules for start-ups. (WSJ)
  • Is being a frequent flyer bad environmentally? (New York Times)
  • Former Uber exec order to pay Google $179MM, files for bankruptcy. (Washington Post)
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Trekking Through Compliance

Picard-Episode 5, Stardust City Rag


Welcome to a special series of Trekking Through Compliance, the podcast series inspired by my review of Star Trek, the Original Series. In this special series I am joined by another uber Star Trek maven, Megan Dougherty, co-founder of One Stone Creative. In this series we will review the new television show Picard which is currently streaming on CBS.
SPOILER ALERT-Although we will review each episode after it appears, we will discuss each episode in depth.
Episode 5, Stardust City Rag. In a flashback, Seven of Nine mercy-kills Icheb, a fellow former Borg drone saved by Voyager, after his Borg implants have been ripped out by the black-marketeer Bjayzl. In the present, La Sirena arrives at Freecloud, where Raffi discovers that Maddox is being held prisoner by Bjayzl, who intends to sell him to the Tal Shiar. Picard’s crew plan to recover Maddox by staging a prisoner exchange, with Seven (and her Borg implants) as the bait. When Bjayzl recognizes Seven, Seven drops the charade and reveals her true intention: to kill Bjayzl to avenge Icheb. Picard persuades Seven to relent, and Maddox is safely recovered and beamed to La Sirena. Afterward, Seven returns to Freecloud and kills Bjayzl without Picard’s knowledge. In sickbay, Maddox tells Picard what he knows about Soji and Dahj, explaining that he sent them to Earth and the Artifact in order to discover the true motivation behind the synthetics ban. After Picard leaves them alone, Jurati tearfully murders Maddox, saying “If you’d seen what I saw”. Meanwhile, Raffi tries to reconnect with her estranged son Gabriel, who is married to and expecting a child with a Romulan woman but is rebuffed and returns to La Sirena.
Highlights, speculations and questions include: 

  1. The humanity of 7/9 (and Picard).
  2. Is Picard aging too quickly?
  3. What are some of the cookies in this show?
  4. Does revenge belong in the Star Trek universe?
  5. What is Jurati’s agenda? Is she a plant on the team?
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12 O’Clock High-a podcast on business leadership

Jeffrey Hayzlett on The Hero Factor


Richard Lummis is on assignment this week so I am pleased to host Jeffery Hayzlett, the Chairman of C-Suite Network (including C-Suite Radio) and Prime Time Television and Podcast Host. Among all these other activities, he is prolific author. Today, we visit about Jeffery’s most recent book The Hero Factor. Highlights of this podcast include:

  1. Why Hazylett wrote this book?
  2. What is Hero Leadership?
  3. What is Hero Intensity?
  4. Values Values Values
  5. Why are a hero’s values so important?
  6. The book has questions, practices pointers and even a self-assessment in the book. Why are these tools include in the book?
  7. Who should read this book?
  8. What is the Hero Club?
  9. Why is Hayzlett so passionate about the Hero Club and Hero Leadership?

Resources
For information about the C-Suite Network, click here
Find out more about The Hero Club, click here
Purchase The Hero Factor here.