Big Brains In Compliance is the newest show on the Compliance Podcast Network featuring Tom Fox, the Voice of Compliance, and Stephen Martin, Partner at StoneTurn. In this series, Tom and Stephen are going to be interviewing and learning from the biggest names in the compliance world.
In this premiere episode, Tom and Stephen share their professional backgrounds and their journey into the compliance space. Stephen’s interesting career – including his time at WorldCom during the scandal that brought down the company – taught him some important lessons that he shares with listeners. Tom talks about his own career and what eventually led him to become a leading voice in compliance. They also discuss how compliance has evolved over the years.
In future episodes, Tom and Stephen are going to be speaking to the people who have been at the forefront of the evolution of compliance and have transformed the industry for the better. Not only will listeners hear about guests’ professional contributions to the compliance space, but they will also learn a bit about them personally.
Tune in every other Monday for another episode!
Resources
StoneTurn.com
Stephen Martin on LinkedIn
Day: February 15, 2021
In the Episode, I have back Philip Urofsky, a partner at Shearman & Sterling and editor of the firm’s FCPA Digest. Urofsky joins me to discuss the 2020 FCPA Digest and where anti-corruption enforcement may be headed in 2021. Some of the highlights include:
- Intro of the Shearman and Sterling FCPA Digest. What is it? How is compiled and produced?
- 2020 saw total sanctions of approximately $8.24 billion, making 2020 a record-shattering year in terms of quantum of FCPA enforcement penalties. What does this mean going forward?
- There was growing cooperation between the FCPA enforcement agencies and other U.S. government entities, including OFAC and the CFTC. What might this mean for anti-corruption enforcement going forward? What might be the impact of CFTC enforcement of the FCPA going forward?
- Did the international cooperation and enforcement in the Goldman Sachs FCPA enforcement action by state agencies such as the New York DFS signal another type of increased cooperation in investigation and enforcement?
- Does the prosecution of Thomas Moyer Apple Global Head of Security, indicate a potential shift in the theoretical underpinnings of FCPA enforcement? Read in conjunction with the Relator’s actions in Opinion Release 20-01, might this signal a new approach to FCPA application?
- Will the application NDAA influence or even inform FCPA requirements around due diligence on third-parties which are shell companies?
- What, if any, changes to FCPA enforcement under the Biden Administration?
Resources
Check out a copy of the Shearman & Sterling FCPA Digest here.
In this episode, CSS’s ESG experts Marye Cherry and Ronan Brennan talk about the latest developments with the EU Sustainable Finance Disclosure Regulation. The ESAs have published the much-anticipated final report and draft RTS on disclosures under the EU SFDR while there’s still the impending 10 March deadline for high-level, principles-based compliance with the Level 1 SFDR.
A CSS RegTech podcast series on moving from a tactical to strategic approach to regulatory compliance. The global regulatory space is complex and fragmented. Financial firms can address this problem through tactical responses to regulatory deadlines or think more strategically on how to optimize their compliance data, operations and technology. The CSS weekly podcast features regulatory experts, former Chief Compliance Officers, cybersecurity specialists, industry partners and RegTech collaborators to help prepare investment management firms for changes on the regulatory horizon. For more information on CSS, visit: www.cssregtech.com
About Our Guest Speakers:
Marye Cherry is the EU Regulatory Counsel and Regulatory Guidance Specialist at CSS. With more than 10 years of legal and compliance experience, Marye specializes in transparency and regulatory reporting issues in the financial services industry, including sensitive industries and ESG. At CSS, Marye focuses on European financial regulations that affect fund managers’ operations worldwide and helps translate those requirements into automated reporting solutions.
Ronan Brennan is the Chief Product Officer at Compliance Solutions Strategies (CSS). In his role, he has direct responsibility for the strategic evolution of the global suite of CSS products and regulatory content. Managing product in CSS involves ensuring the product suite is ready to support both the current and future compliance management and regulatory reporting needs of investment management and advisory firms globally. Ronan participates as a speaker in many industry events each year, in addition to publishing a company blog and development of thought leadership materials. Ronan has 26 years of experience in the technology sector, 21 of which have been spent in the investment data management and regulatory reporting space.
