In case you missed it, there has been a lot of change in how organizations are dealing with #compliance. Risk management concepts, use of data, using compliance to lead to greater business efficiency, third-party risk, just to name a few.
It’s as if compliance has gotten a face lift recently and looks a whole lot more like a risk function adding value instead of just a cost of doing business.
I’m joined by Tom Fox to discuss some of the recent changes and how he has incorporated the “nuts and bolts” needed to operationalize compliance in your organization in his updated “The Compliance Handbook, 2nd Edition” where he shares practical tips like 31 days to a more effective compliance function.
As usual, we don’t just jam about compliance and #risk, but also music and some career advice you won’t want to miss.
Save 20% on Tom’s new book when you use this link: https://lexisnexis.com/fox20
Listen in at: http://www.jasonmefford.com/jammingwithjason/
Day: July 12, 2021
La administración Biden ha anunciado la creación de un grupo de trabajo enfocado en combatir la corrupción a nivel mundial, pero con mayor enfoque en los países de Centroamérica. La administración anunció que varias agencias estadounidenses “trabajarán en conjunto para realizar investigaciones y capacitar a las fuerzas del orden locales para que lleven a cabo sus investigaciones de manera adecuada.” Gran parte de este esfuerzo se centrará en los países de Centroamérica, los cuales por mucho tiempo se han considerado una región de “sobrevuelo” para la aplicación y el cumplimiento de la FCPA. ¿Qué significa este anuncio y qué debería hacer su empresa para prepararse?
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¡(H)Ola Compliance! no tiene la intención y no se puede considerar como asesoramiento legal; el contenido solo refleja los pensamientos y opiniones de sus anfitriones.
¡(H)Ola Compliance! explora la ola de cumplimiento de anticorrupción que ha surgido por Latinoamérica. Inmerso en su cariño para la región, Matteson Ellis y Alejandra Montenegro Almonte (Socios de Miller & Chevalier), navegan las aguas de regulaciones de cumplimiento corporativo desde sus oficinas en Washington, DC y trazan las normas de anticorrupción que afectan a la región. A la vez destacan los desafíos y oportunidades que enfrentan las empresas comprometidas a la ética. ¿Te sientes que estás nadando contra la corriente? ¡Entonces tome la ola de cumplimiento en ¡(H)Ola Compliance!
Ransomware Attacks – Cybersecurity Concerns & Best Practices to Mitigate Risk
In this episode, our team of cybersecurity experts, E.J. Yerzak and Mike Farrell discuss the latest ransomware attacks in the news, best practices to keep your data secure and hackers out, and what to do first if your firm is hit by an attack.
About Our Guest Speakers:
E.J. Yerzak CISA®, CISM®, CRISC™ assists firms in assessing and managing their cybersecurity risk – from network vulnerability scanning and penetration testing to onsite cybersecurity assessments and assistance in implementing the NIST cybersecurity framework. E.J. has authored articles and alerts on emerging regulatory and technology issues, and is regularly requested to speak as a cybersecurity expert at industry conferences.
Mike Farrell is a Certified Information Systems Auditor (CISA®) and Certified Information Security Manager (CISM®), and Cybersecurity Consultant at CSS. He analyzes data and conducts cybersecurity risk assessments, policy gap analyses, vulnerability scanning and social engineering testing. His Information technology experience includes network installations and management, hardware and software configuration, and troubleshooting.
Categories
Data Transfers into the UK
Following the EU’s adoption of Adequacy Decisions that the Kitchen covered in a prior episode, the UK’s Department for International Trade issued an updated guidance on data transfers into the UK. The Kitchen takes a look at the guidance that points to sources on data transfers, IP, copyright and data protection both coming into and leaving the UK.
In this episode of Greetings and Felicitations, I am joined by Astrophysicist and Healthcare Futurist Ben Locwin. In this podcast we consider the TOS episode Mirror Mirror as a starting point for the consideration of the science around the transporter.
In this episode, a landing party Kirk, McCoy, Scotty, and Uhura beams back up to the Enterprise. Interference from an ion storm, however, causes them to be transported into a parallel universe and a mirror image Enterprise. Now aboard the Imperial Starship Enterprise, the landing party discovers crew members who are mirror images of themselves and belong to an evil Federation known as the Empire. Their first experience is the torture of transporter operator Mr. Kyle with an agonizer for his alleged failure to beam the landing party up quickly enough. Immediately, Kirk realizes that a mirror image landing party must have been beamed aboard the real U.S.S. Enterprise.
Kirk, Uhura, McCoy, and Scotty impersonate their mirror image counterparts while finding a way to return to their universe. When Kirk and the party return, they find that their Empire counterparts were immediately recognized and put in detention. The Enterprise’s crew attributes this to the fact that it is easier for logical men to appear barbarous than for barbarous men to appear civilized.
Highlights include:
- Quantum transportation of information.While we cannot yet teleport, we can recreate.
- How does the telegraph signal explain this science used in Star Trek?
- What about the radio signals from the Apollo moon flights?
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Episode 069 – Tom Fox
In this episode of The Ethics Experts, Nick and Gio welcome Tom Fox, C-Suite Network Executive Leader, to the show.
Laura Tulchin is ESG Solutions Lead at Exiger. Her role involves ensuring that the company’s products and services provide comprehensive coverage of ESG risk. She tells Tom Fox that more and more companies are focusing on ESG as part of their mainstream risk management programs. She joins Tom in this episode of the ESG Report to talk about doing ESG right by managing risk and value generation.
Getting ESG Right
“Where we get ESG right, we have the potential to have decades of positive impact on the world around us,” Laura tells Tom. ESG is having a moment now, she says, so now is the time to take the steps necessary to move the industry forward. Getting that right will have a lasting impact. She and Tom discuss global and local advancements in ESG regulations. US regulators are getting serious about ESG, Laura says. She talks about the SEC Enforcement Task Force as well as the ESG Disclosure and Simplification Act. This demonstrates that regulators want companies to back up their ESG claims with real data.
The Need for Standardization
There are multiple ESG reporting mechanisms existing today, Laura tells Tom. This causes fragmentation and is costly and ineffective. Also, she argues, it “allows companies to choose the reporting standard that might make them look the best from an ESG perspective.” For this reason, five of the leading standards setters have agreed to work together on a comprehensive standardized ESG reporting system. She acknowledges that no one system will perfectly cover every ESG situation, but standardization is an important first step. Tom asks why she thinks companies are pushing back against standardization. They’re mostly worried about the legal ramifications, she responds. “ESG is so impactful,” she remarks, “that if we don’t have a single benchmark it makes it really difficult for consumers, for investors, for risk managers, for compliance people to really understand ESG risks as well as the potential for ESG value generation.” Ultimately, ESG risk needs to be balanced with ESG performance to measure net impact, Laura says. That’s where the industry is going.
The G in ESG
Tom asks Laura to share her thoughts on the recent Exxon case. Should there be more focus on the G in ESG? “Good governance should ultimately lead to strong environmental practices and strong social engagement,” Laura agrees. The Exxon case demonstrates that going forward, companies need to engage shareholders and stakeholders, even though their views on ESG issues may be different. These changes are here to stay, she argues. Forward-thinking companies will try to understand ESG net impact and craft programs that respond to these types of actions.
Resources
Laura Tulchin on LinkedIn
Exiger on Website | LinkedIn
In this Episode of the FCPA Compliance Report, I am joined by Cristina Revelo. Cristina got a PhD in Compliance working at KPMG on the Wal-Mart account and later went in-house at Wal-Mart. She has a great story about how on the job training has given her a PhD in Compliance. She is now Deputy Director, Corporate Monitoring and Compliance Services at Affiliated Monitors, Inc. Highlights include:
- Her undergraduate career at University of Illinois and degrees in accounting.
- Her work at KPMG.
- What was it like moving over to Wal-Mart.
- What it was like doing compliance at the world’s largest retailer.
- Her current role at Affiliated Monitors.
Resources
Cristina Revelo Profile on LinkedIn
Affiliated Monitors
The Compliance Handbook
In today’s edition of Daily Compliance News:
- Do GenZs want to end email?
- Palestinian Authority and corruption.
- NRA and Bankruptcy fraud.
- FAQs on Biden EO.
