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Great Women in Compliance

Selena Evans, Innovating and Creating Brave Spaces in Compliance

Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.

As we continue our Spring series we bring Selena Evans onto the show to talk about her Brave Space initiative which is an award winning endeavor, including what other companies can do to build something similar.

This episode also focuses on innovation, particularly how to combat the downsides of innovation.  Often when it comes to this topic we are inclined to talk about the positives of moving the dial, the benefits that come with creativity, inspiration and establishing new best practices.  However naturally when new processes or tools are brought in, that means that some aspects of the status quo need to fall by the wayside.  Colleagues who put in place the previous systems can feel discouraged or even resentful.  Similarly when someone brings a fresh idea that proves popular and receives praise for it, the feelings of those around them can cause resentment due to the positive attention lavished on someone else in the team.  We discuss those elephants in the room and how a Compliance practitioner can better navigate those troubled political waters.

Selena shares with us the best advice she has received from a mentor and Mary wraps up the episode with learnings from one of the biggest FCPA cases of 2020 – the Goldman Sachs case.

The Great Women in Compliance Podcast is proudly featured on the Compliance Podcast Network and sponsored by Corporate Compliance Insights.  If you enjoyed this episode please subscribe to the podcast and rate it on your podcast player to help other compliance professionals find it.  Want to hear more from us?  We have a book, “Sending the Elevator Back Down: What We’ve Learned from Great Women in Compliance” (CCI Press, 2020) which is available on Amazon.com and Book Depository.

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.

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.

Join the Great Women in Compliance community on LinkedIn here.

Categories
Cordery

Cordery Head to Head @ Home: Christian Hunt on the Use of Behavioral Science in Compliance


In this edition of Cordery Head to Head @ Home, Cordery’s Jonathan Armstrong talks to Christian Hunt.
Christian Hunt is the founder of Human Risk Limited, a behavioral science consulting and training firm, specializing in the fields of risk, compliance, conduct, and culture. A former regulator, Christian was previously Head of Compliance & Operational Risk Control (C&ORC) for UBS EMEA and Global Head of C&ORC for UBS Asset Management.
They talk about how the use of behavioral science can improve compliance. They talk about how to help people to do the right thing and particularly of the extra challenges people face during the pandemic.

You can find out more about Christian and sign up to his newsletter here https://human-risk.com/. Christian’s podcast is here https://www.podpage.com/site/the-human-risk-podcast/.
You can find out more about Cordery and its work here https://www.corderycompliance.com/how-we-help/.
You can also read about current issues in bribery and corruption here https://www.corderycompliance.com/category/bribery-corruption/.
You can view more Cordery Head to Head interviews here www.bit.ly/corderytv.
 

Categories
Compliance Into the Weeds

SAP Trade Sanctions Enforcement Action


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 SAP trade sanction enforcement action. Some of the issues we consider are:

  • What were the underlying facts?
  • How did SAP allow products to get to Iran for so long?
  • How did SAP achieve a NPA even with aggrieved factors?
  • How was the financial penalty calculated?
  • What were the remedial steps SAP engaged in?
  • Why does this enforcement action point towards the need for a more holistic approach to risk?

 Resources
Matt’s blog post on Radical Compliance:
 SAP Nailed on Sanctions Violations

Categories
Daily Compliance News

May 5, 2021 the Shareholders Against Greed edition


In today’s edition of Daily Compliance News:

  • Shareholders say no to GE boss bonus. (WSJ)
  • DNB fined for AML violations. (WSJ)
  • Compliance taking larger role in ESG. (WSJ)
  • Double standard for CEOs (this is my shocked face). (FT)