On the latest episode of EMBARGOED!, Brian and Tim are joined by special guests Sue Millar (Stephenson Harwood) and Tom Stocker (Pinsent Masons) to dive deep on what’s happening in the U.K. now that Brexit is (sort of) behind us. Topics include U.K. sanctions and export controls policy, the future of U.K.-U.S. and U.K.-EU trade relations, possible new U.K. approaches to Iran, China, and Russia, and the rise of OFSI as a sanctions enforcer to be reckoned with. Then, in the Lightning Round, we quickly touch on the new Burma sanctions program, a full U.S. reversal on Yemen, and the (possible) death knell for the TikTok and WeChat EOs.
Thanks to our guests Sue Millar and Tom Stocker.
Subscribe! * Apple Podcasts * Spotify * Amazon Music * Google Podcasts * Stitcher
Questions? Contact us at podcasts@milchev.com.
EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.
Timestamps:
0:10 Introduction and Roadmap
3:52 Meet Our Guests – Sue Millar and Tom Stocker
5:27 What’s Happening in the U.K.?
U.K. Trade Policy Post-Brexit
U.K. vs. U.S.
Looking Ahead to the U.K.’s Approach on:
China
Russia
Iran
Global Magnitsky Act/Human Rights-Based Sanctions
51:32 Final Thoughts and Goodbyes
55:42 Lightning Round
56:03 Burma Executive Order
59:32 Full Reversal on Yemen
1:02:46 Review of WeChat and TikTok Executive Orders
1:08:52 Final Thoughts
***Stay sanctions free***
Day: February 24, 2021
This podcast introduces you to Joseph K. West, Partner and Chief Diversity and Inclusion Officer at the law firm of Duane Morris. The discussion focuses on the proven benefits of having a diverse workforce, as well as the commitment necessary to make diversity and inclusion a critical component of your organization. AMI’s Managing Directors Brenda Morris and Dionne Lomax are your hosts.
Resources:
https://www.duanemorris.com/
Contact: podcast@affiliatedmonitors.com
Learn More: affiliatedmonitors.com/integrity-through-compliance-podcast
Music and Audio Production by Dan Barton
Part 2 of this Fraud Eats Strategy series, Scott Moritz continues the conversation on the Anti-Money Laundering Act of 2020 (AMLA 2020) with Matt Biben, Partner of Gibson Dunn.
Join us each week as we take a deep dive into the various forms of fraud across the world and discuss crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, kleptocrats and more.
Scott Moritz is a leading authority on white-collar crime, anti-corruption, and in the evaluation, design, remediation, implementation, and administration of corporate compliance programs, codes of conduct. He is also considered an authority in the establishment, training, and oversight of the investigative protocols carried out by financial intelligence, corporate security, and internal audit units.
Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.
In this episode, Lisa speaks with Joya Williams, who has had a front row seat to some of the most fascinating moments in recent ethics and compliance history at Enron and again with the Gulf Oil spill in 2016. After seeing the fallout from Enron in 2001, and working in ethics and compliance immediately thereafter, she saw the impact and need for that work. That has guided her professional life.
Joya talks about her experiences and how she has built a network for herself and others by building the Greater Houston Business and Ethics Roundtable and working with Smith Texas College to build a compliance program.
As this is the last week of Black History Month, it was important to recognize the work of someone like Joya, who embodies a GWIC in how she gives back to her community – local, professional and educational. She also talks about the importance of increasing the number of Black Chief Compliance Officer roles and to increase diversity in the ethics and compliance space and ends the interview with a wonderful quote from Shirley Chisholm.
You can subscribe to the Great Women in Compliance podcast on any podcast player by searching for it and we welcome new subscribers to our podcast.
Lisa and Mary have extended the Great Women in Compliance brand to the book “Sending the Elevator Back Down: What We’ve Learned from Great Women in Compliance” (CCI Press, 2020) which can be found on Amazon and features valuable wisdom and advice from Great Women in Compliance across the world.
If you’ve already read the booked and liked it, will you help out other women to make the decision to leverage off the tips and advice given by rating the book and giving it a glowing review on Amazon?
As always we are so grateful for all of your support and if you have any feedback or suggestions for our 2021 line up, or would just like to reach out and say hello, we always welcome hearing from our listeners.
Join the Great Women in Compliance community on LinkedIn here.
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. This week Matt and Tom take a deep dive into one of the most delicious legal decisions recently seen: the attempt by Citibank to recoup $500MM of the $900MM it erroneously wired out on behalf of Revlon.
Some of the issues we consider are:
· How did this Fubar occur?
· What was the role of complexity?
· Why did the employees make this mistake?
· What about training?
· Where were internal controls?
· What is the ‘value for discharge’ defense?
· Does this all just come down to finders keepers?
· What are the compliance lessons?
Resources
Tom’s blog posts on the FCPA Compliance and Ethics Blog:
Too Complex to Succeed: Citibank Incorrect Wires Out $900MM: Part 1 – The Facts
Too Complex to Succeed: Citibank Incorrect Wires Out $900MM: Part 2 – Lessons Learned
The Citibank decision
