In this episode, Vince Walden goes one-on-one with Sergio Moro, former Minister of Justice of Brazil and Managing Director of Disputes & Investigations at Alvarez & Marsal. With over two decades of legal and investigative experience, Sergio specializes in leading high-profile and complex anti-corruption, white-collar crime, money laundering, and organized crime investigations. They talk about his fascinating career journey from a federal judge to Minister of Justice, as well as some of the landmark cases he presided over, such as Operation Car Wash, which greatly impacted the corporate culture of Brazil. This was not the case only five or six years ago.
The normal behavior of corporate culture in the past was to deny everything and refuse to cooperate whenever issues arose, but various operations led by Sergio caused Brazilian companies to drastically change the way they did compliance. Many compliance systems were previously used by third parties to channel bribes to public officials. It’s not enough just to have policies and procedures written down; they must be implemented and operationalized.
Resources
Sergio Moro on LinkedIn
Day: April 22, 2021
Welcome to the only roundtable podcast in compliance. Today, we have a quartet of Matt Kelly, Jonathan Marks, Jonathan Armstrong and Jay Rosen for a deep dive into plethora of compliance topics. We end with a veritable mélange of rants and shouts outs.
- Jonathan Armstrong takes us through the significance of the EDPB approval of the UK Draft Data Protection Adequacy decision. Armstrong delivers a most heartfelt shout out to Prince Phillip for a life well lived.
- Jonathan Marks talks the new SEC position on ESG reporting and what it means for BODs and compliance. Marks rants about Bernie Madoff.
- Jay Rosen reviews a recent AMI, Integrity Through Compliance podcast with Rod Rosenstein. Rosen rants about his ongoing love/hate relationship with the Boston Red Sox.
- Matt Kelly discusses a recent Prevalent report on 3rd party risk management from the cybersecurity and ABC compliance perspective. Kelly rants about Hometown International, a NJ diner, with $14K in annual profits, a Fight Club in the back of the diner and a $100MM valuation.
- Tom Fox shouts out to Frank Jacobs, one of the “Usual Gang of Idiots” who made Mad Magazine must reading.
For additional Resources:
Matt Kelly blog post on Radical Compliance, The Cracks in Third Party Risk Management
See Cordery Compliance Client Alert, EDPB approves UK Draft Data Protection Adequacy Decisions
Listen to the AMI podcast Integrity Through Compliance with guest Rod Rosenstein
The members of the Everything Compliance are:
- Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
- Mike Volkov – One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com
- Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com
- Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com
- Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at marks@bakertilly.com
The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network
