In this episode, I am joined in this podcast series by Jay Rosen, the Vice President of Business Development and Monitoring Specialist at Affiliated Monitors, Inc. In this series we introduce the role of independent integrity monitors and corporate monitorships; discuss both pre-settlement and post-resolution monitorships and their different applications; considerations a company should take in hiring a monitor and cost reflections for monitorships. Today, in Part 3, we consider the power of a monitorship in the pre-settlement phase of any matter.
Some of the highlights from this podcast include:
1. What is an Internal Cultural Assessment?
2. How can a pre-settlement monitorship be used as a (a) Pre-emptive Strike; or (b) to prevent a suspension or debarment action?
3. What is the power of a pre-acquisition monitor in M&A Due Diligence?
4. How is an independent integrity monitor can be a powerful prescriptive tool?
For additional reading see Jay Rosen’s article What is the Power of a Pre-Settlement Monitorship?on Corporate Compliance Insights.
For more information on Affiliated Monitors, Inc. visit their website here.
Day: December 8, 2020
The individual dubbed the “Con Queen of Hollywood” has been arrested, but how did we get here? K2 Integrity’s Nicoletta Kotsianas, the lead investigator on the case, breaks down the scam’s evolution and ultimate end with Chris Morgan Jones, in our inaugural episode of “Digging Deeper.”
This episode features a conversation about the high-profile scam, K2 Integrity’s investigation, and where the case is headed. Listen today, and learn more about the case at this link.
Digging Deeper, an investigative podcast series by K2 Integrity, helps shine a light on the investigations industry as few can: via the real-world, exceptional practitioners who, day in and day out, conduct this work across sectors and around the globe. Listen in to each episode where guests explore unique cases and share what they uncovered along the way to crack the code for clients. Learn more by clicking here, or subscribe on Apple Podcasts, SoundCloud, Spotify or Stitcher.
The Compliance Life details the journey to and in the role of a Chief Compliance Officer. How does one come to sit in the CCO chair? What are some of the skills a CCO needs to success navigate the compliance waters in any company? What are some of the top challenges CCOs have faced and how did they meet them? These questions and many others will be explored in this new podcast series. Over four episodes each month on The Compliance Life, I visit with one current or former CCO to explore their journey to the CCO chair. This month, my guest is Kim Yapchai, the Chief Counsel – Environmental, Social & Governance at Tenneco Inc. This encompasses both compliance and sustainability.
Kim calls herself a “businessperson with a law degree” and she has had a distinguished career in the in-house world. She held in-house positions at Ford Motor Credit Company and Masco before moving to Whirlpool to become the company’s first Chief Compliance Officer. From there she moved to Tenneco to the CCO chair and then into her current role. Further, she is the company’s first Chief Sustainability Officer. In this role, she is working to improve transparency of information shared with stakeholders, set goals, and promote the use of that information by investors, customers, and others. Kim has received numerous awards include the prestigious Top Minds in Compliance Award from Compliance Week.
In this second episode, we take up the in-house roles In Kim held on her road towards the CCO chair. At Masco she was given the compliance portfolio and this was her first exposure to corp compliance. She was determined to “take the grown out of compliance” and did so by using humor and storytelling in compliance training. Kim said that employees that are engaged by and with compliance become ambassadors for compliance. At Masco as her first exposure to compliance on the international stage as well, learning you need to leave room to tailor compliance to local culture.
In this episode of MoForecast, Morrison & Foerster partner James Koukios speaks with fellow partners Carrie H. Cohen and Carl. H. Loewenson, Jr. about what to expect from the S.D.N.Y. (Southern District of New York) under the new Biden Administration.
The MoForecast podcast series, produced by global law firm Morrison & Foerster, looks into what we saw in the legal landscape under the Trump administration and how policies might change under President Biden by leveraging the firm’s decades of private practice experience and insight from former government roles. Discover more MoForecast episodes.
About the Speakers
James Koukios is co-chair of Morrison & Foerster’s Securities Litigation, Enforcement, and White Collar Defense Group and serves as co-head of the FCPA + Global Anti-Corruption Practice. James represents companies and individuals in high‑stakes government enforcement actions and complex internal investigations. He previously served as a federal prosecutor at the U.S. Department of Justice (DOJ), where he was the lead prosecutor in two landmark FCPA related trials: United States v. Esquenazi and United States v. Duperval. While at DOJ, James also served as lead prosecutor in United States v. AEY Inc., a defense procurement fraud and export licensing case that served as the basis for the 2016 film War Dogs. He also previously served as Special Counsel to then-FBI Director Robert S. Mueller, III.
James is joined in this episode by:
- Carrie H. Cohen, partner in Morrison & Foerster’s New York office, former Assistant United States Attorney for the Southern District of New York
- Carl H. Loewenson, Jr., partner in Morrison & Foerster’s New York office, former Assistant United States Attorney in the Southern District of New York
The Morrison & Foerster team is made up of talented defense lawyers, including many who once served as prosecutors and regulators. The team helps firm clients resolve their legal issues by immersing themselves in how their clients think and operate. Learn more about the firm’s Investigations + White Collar Defense group.
Categories
Difficult Conversations
How do you deliver difficult messages, without damaging relationships?
Have you ever tried to discuss something challenging with an audit client, and you get some type of condescending behavior or response?
Did the conversation just not go as you had expected?
Have you, unintentionally, disrupted a key relationship because you just didn’t see eye to eye?
I understand. We’ve all been there.
Conversation you were used to having in person are now done virtually. If you are like most people you are still trying to figure out the best way to have these conversations with your staff and stakeholders now that we are working remotely.
There are ways to deliver difficult messages, and not damage key relationships along the way. In fact, it’s EASY when you use Intuitive Leadership, Neural Influence, and Mental Mastery skills, which is what I’m talking about in this #jammingwithjason episode.
For more on this, join me for a free one-hour discussion where we will explain exactly how to make difficult conversations more comfortable and EASY.
Date: Tuesday, December 8, 2020 9:00 AM PST
Cost: FREE
Field: Personal Development
CPE: 1 hour
There is limited seating for this special event and it’s filling up quickly, so register now at: https://jasonmefford.mykajabi.com/difficultconversations2020-12-08
#internalaudit #leadership
Tom Fox welcomes John Petrovski, the Senior Director of Commercial Lending at BMO, to this week’s episode. Tom and John discuss BMO’s new business initiative BMO Empower, and its efforts to help low to moderate-income and minority communities.
Promoting Economic Diversity
BMO Empower’s mission is to promote inclusive economic recovery through six main initiatives. All their initiatives are geared towards financing black and Latinx owned businesses, as well as low income and women-owned businesses. BMO Empower provides financing for their business growth, as well as financial education. John explains how the money is distributed throughout the six initiatives that make up BMO Empower.
Supplier Diversity
John stresses the importance of supplier diversity. He feels that BMO ought to have more minorities among their supplier list especially since the company has been around for more than two centuries. A way he’s sought to rectify this is through targeting and expressly buying from minority and women-owned businesses. “Not only will those efforts help address the issues of systemic racism but it’s also good business,” Tom quotes from John’s press release. John adds that a public-private partnership is needed to fully achieve this, and that individuals need to do their part.
Resources
BMO Empower
John Petrovski on LinkedIn
Which centric approach are you following?
I’m speaking with the legendary Tim Leech about the difference between objective, risk, compliance, process, and control centric approaches … and centric is not the same as based.
Listen in at: http://www.jasonmefford.com/jammingwithjason/ and learn the difference so you can start improving the value you add to your organization.
Risk-based internal auditing is objective-centric when you actually link to key objectives … a critical step most in #internalaudit forget. “Risk ranking an audit universe based on another centric model, does not risk-based internal audit make.” Yoda 🙂
When you are ready to become objective-centric and risk-based check out how you can get the step-by-step process for getting started: https://ondemand.criskacademy.com/p/certified-risk-based-internal-auditor-crbia/?affcode=105582_jpp6czlf
