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The Compliance Life

Rob Chesnut – UVA and AUSA


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 Rob Chesnut, whose most recent position was as the Chief Ethics Officer at Airbnb. He is also the author of the best-selling book,  Intentional Integrity: How Smart Companies Can Lead an Ethical Revolution with St Martin’s Press.
In this first episode, take a look at Rob’s college study at UVA and how the UVA Honor Code influenced him throughout his professional career. We moved to first job out of law school and what led you to the US Attorney’s office. We concluded by looking at some of the top cases he prosecuted while an AUSA.

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The Affiliated Monitors Expert Podcast

Cultural Differences in Monitorships


In this podcast, I am joined by Mikhail Reider-Gordon, Managing Director of Global Affairs at Affiliated Monitors. In this episode, we consider the cultural differences between international and US domestic monitorships.
Gordon noted that when structuring a monitorship of an entity or an individual, it can be an unknown. Some of the issues include how to approach and interact with all the stakeholders and how that is organized, as monitorships are heavily impacted by cultural considerations. Gordon stated, “I’ve lived in, worked in numerous countries and I can tell you that those legal processes, there are absolutely important cultural differences that have to be built in. For instance, I’ll take an example here in the US there really is not the same expectation that a corporation will take care of its employees beyond what is required under labor and employment law and safety laws. Yet in many other countries, employers may develop deep personal relationships with employees, really on a level that you and I might associate with familial relationships.” Obviously, this has impacts for monitorships with an international component.
Additionally, there may be separate monitorships from different sets of prosecutors. For instance, the Odebrecht corruption case mandated a US and Brazilian monitor. Gordon said that in such a situation, “as a monitor, we are appointed to help the organization remediate and approve. We need that buy-in, all the stakeholders.” Equally importantly, when a US based monitor is in other countries,  considerations of cultural sensitivities, norms, values, are part and parcel of the design of the monitoring program. There can be “cultural values such as maintaining harmony within the organization, change how we approach interviews, dialogue with employees and managers, building consensus and so on. This can extend to seemingly basic monitoring elements such as asking and receiving questions. It can also be around how poor decisions can even be challenged within the company as in many cultures, they do not embrace challenging management even when employees know that what the managers are doing are violating the law.” All of these factors must be taken into consideration.
For more information on AMI, check out their website. For more information on Mikhail Reider-Gordon, check out her LinkedIn profile.

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Innovation in Compliance

Business and Financial Fraud: Yesterday, Today, and Tomorrow: Part 2 – Regulatory Landscape in 2021


Welcome to a special five-part K2 Integrity sponsored podcast, series Business and Financial Fraud: Yesterday, Today, and Tomorrow. In this series I am joined by Joanne Taylor, a Managing Director at K2 Integrity. She has 20 years of legal, investigations and financial crime compliance experience, working within the financial and legal services industries. I am also joined by Ray Dookhie, a Managing Director in K2 Integrity’s Investigations and Risk Advisory practice, with more than 25 years of experience in compliance, integrity risk monitoring and management, and investigations. Over this series, we will consider the top fraud trends you might expect to see in 2021, what the regulatory landscape may well look like in 2021, best practices in fraud prevention, how to detect fraud and responding to fraud once it is uncovered. In Part 2, Ray Dookhie joins me to consider what the fraud regulatory landscape may look like in 2021.
Join us tomorrow in Part 3 where we look at best practices in fraud prevention.
For more information on K2 Integrity, check out their website here.

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The Ethics and Compliance Library

The Ethics and Compliance Library: Blind Spots

 
In episode 1 of the Ethics and Compliance Library, we will analyze Blind Spots by Ann Tenbrunsel and Max Bazerman.
Listen to the Episode now:

 
Blind Spots explores behavioral ethics from the individual, organizational, and societal levels, setting up a framework for evaluating decisions, morals, and the world around us. The book kicks off by asking readers to evaluate their ethicality compared to others on a scale of 1 to 100. If we aggregated all the scores each of this podcast’s listeners gave themselves, studies show we would average higher than 50, even though the average should be 50. This alerts us to blind spots that exist in our ethicality.
Through an interview with Dr. Ann Tenbrunsel herself as well as an interview with thought leader, Philip Winterburn of Convercent, we will begin to uncover what those blind spots are, why they exist, and how we move beyond them. Listeners can expect to better understand the framework laid out in Blind Spots and have some actionable take-aways for how to implement that framework at the three levels.
Join me in the Converge community to continue engaging in the conversation started on the podcast!
Get the Book:  
Blind Spots

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Voices of Data Protection

Balancing data protection and productivity in the digital era


The podcast is hosted by Bhavanesh Rengarajan, a Principal Program Manager at Microsoft. In each episode he talks with industry experts, leaders, and program managers from Microsoft to learn how digital transformation is accelerating the need for compliance, how organizations are navigating this new landscape, and learn best-in-class practices and solutions to get your organization started and bring compliance to the next level.
In this episode we discuss how the pandemic and remote work have accelerated the need for compliance and how organizations are navigating this new landscape. The explosion of data combined with remote work brings to the forefront the need for automated solutions that leverage the best of machine learning and artificial intelligence to protect data and stay compliant while enabling productivity.
Listen to the Episode now:

Voices of Data Protection is a show about the latest processes and solutions to help you manage your data, keep it safe, and stay compliant. We talk with industry experts, leaders, and program managers from Microsoft to learn how digital transformation is accelerating the need for compliance, how organizations are navigating this new landscape, and learn best-in-class practices and solutions to get your organization started and bring compliance to the next level. Transcripts are available for all episodes. For more infomration, visit: https://aka.ms/voicesofdataprotection
Learn More
Subscribe on: Apple Podcasts, Spotify, Google Podcast, Stitcher, Deezer

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Innovation in Compliance

Going Back to the Workplace Safely with Julie Myers Wood


 
Julie Myers Wood, CEO of Guidepost Solutions, returns to the Innovation In Compliance podcast this week to talk about how companies can get back to the workplace safely. She tells Tom Fox that this far into the pandemic her conversations with clients have changed to address longer-term issues. Customers are asking questions about security protocols and how to keep people safe, as well as keep business open.

 
Increased Efficiency 
Julie says that Guidepost Solutions delivers technology solutions customized to each customer’s needs and existing security platforms. For example, more and more businesses are looking for touchless technology so that they can protect their customers and keep their doors open. Tom comments that this improves business efficiency on a whole and credits the pandemic for forcing us to improve our processes overall. 
Work From Home 
Tom and Julie discuss the security challenges working from home presents. Julie remarks that companies have to think about creating campaigns to target those issues so that their employees can avoid problems. Tom asks her how her company handles doing investigations such as risk assessments – which are usually done on-site – remotely. It’s very challenging, she responds and describes the workarounds they have had to create to get the job done. 
Diversity and Inclusion Initiatives
“We went to work as a company on diversity and inclusion initiatives, and I think that’s really brought together people at various levels of our company in a new way – in a great way,” says Julie. “We want to make sure that people from all backgrounds feel included, want to come to Guidepost, want to stay at Guidepost, and that we’re able to recruit folks from all different backgrounds, all ways of life.” Tom asks Julie to speak to the leaders that say that a diverse talent pool doesn’t exist in their industry. She responds, “They didn’t exist because you weren’t looking.”
Protecting Vacant Facilities
Tom mentions Guidepost’s advocacy for a cybersecurity vulnerability assessment for vacant facilities. He asks Julie why it’s important. She replies that they believe it’s just regular security maintenance to ensure that there are no new problems in the physical, as well as cyberspace. “There may be all sorts of new problems in their neighborhood that didn’t exist before,” she reminds listeners. So if you’re thinking about reopening, it makes sense to do both a physical and cyber risk assessment.
 
Resources
GuidepostSolutions.com 
JWood@guidepostsolutions.com

Categories
Daily Compliance News

March 2, 2021, the FinCEN takes Center Stage edition


In today’s edition of Daily Compliance News:

  • Biden Administration to continue hard line on Chinese trade practices. (WSJ)
  • Two Yanks extradited to Japan. (NYT)
  • FinCEN takes center stage. (WSJ)
  • Trader Joe’s fired a whistleblower. (WaPo)