OFAC recently announced a settlement with OFAC for $78,750 for violations of the Ukraine-Russia Sanctions Program. The enforcement action provides important reminders relating to compliance with various “deby” maturity restrictions and how OFAC construes this restriction. Michael Volkov reviews OFAC’s enforcement action against S&P Global in this episode.
Day: April 29, 2022
In this episode of the Compliance Week 2022 Preview Podcasts series, Mary will discuss some of her presentation at Compliance Week 2022 “Women in Compliance”. Some of the issues she will discuss in this podcast and her presentation are:
- Delve into the evolution of the Caremark doctrine requiring Boards to oversee compliance and explore where the courts and regulators are headed
- Discuss best practices in managing up to the board, including reporting
- Examine how to best educate boards and engage them in effective oversight, and what compliance’s role is in that
In this first full compliance conference in over 2 years, I hope you can join me at Compliance Week 2022. This year’s event will be May 16-18 at the JW Marriott in Washington DC. The line-up of this year’s event is simply first rate with some of the top ethics and compliance practitioners around.
Gain insights and make connections at the industry’s premier cross-industry national compliance event offering knowledge-packed, accredited sessions and take-home advice from the most influential leaders in the compliance community. Back for its 17th year, compliance, ethics, legal, and audit professionals will gather safely face-to-face to benchmark best practices and gain the latest tactics and strategies to enhance their compliance programs. and many others to:
- Network with your peers, including C-suite executives, legal professionals, HR leaders and ethics and compliance visionaries.
- Hear from 75+ respected cross-industry practitioners who are CEOs, CCOs, regulators, federal officials, and practitioners to help inform and shape the strategic direction of your enterprise risk management program.
- Hear directly from the two SEC Commissioners and gain insights into the agency’s areas of enforcement and walk away with guidance on how to remain compliant within emerging areas such as ESG disclosure, third-party risk management, cybersecurity, cryptocurrency and more.
- Bring actionable takeaways back to your program from various session types including ESG, Human Trafficking, Board obligations and many others for you to listen, learn and share.
- The goal of Compliance Week is to arm you with information, strategy and tactics to transform your organization and your career by connecting ethics to business performance through process augmentation and data visualization.
I hope you can join me at the event. For information on the event, click here. As an extra benefit to listeners of this podcast, Compliance Week is offering a $200 discount off the registration price. Enter discount code discount code TFLAW $200 OFF.
Welcome to From the Editor’s Desk, a podcast where co-hosts Tom Fox and Kyle Brasseur, EIC at Compliance Week unpack some of the top stories which have appeared in Compliance Week over the past month, look at top compliance stories upcoming for the next month, talk some sports and generally try to solve the world’s problems.
In this month’s episode, we look back at top stories in CW from April around the Russian invasion of Ukraine and the economic sanctions imposed by the West, including simply keeping up with the ever changing sanctions. Kyle previews the a case study on how FedEx is executing an ESG program. We discuss the Compliance Week 2022 Conference scheduled for May in DC. We conclude with a look at some of the top sports stories including a look at the NBA playoffs and the Celtics, find out that Kyle is as big a homer as his predecessor, Tom pays tribute to long-time Houston Chronicle Sports Columnist John McClain, the General and are shocked to find out that the Yankees cheated but still lost to the Astros.
Listeners to this podcast can receive a $200 discount to Compliance Week 2022 by going here and using the Code FOX200.
The Yankees cheated and lost. The Astros and Red Sox cheated and won. What’s the lesson? Tom and Jay are back to look at some of the week’s top compliance and ethics stories.
Stories
- More on using behavioral psych to make compliance changes. Vera Cherepanova in the FCPA Blog.
- Tackling money-laundering in real estate transactions? Ella Hawkins in GAB.
- Archegos founder indicted for fraud. Jaclyn Jaeger in Compliance Week. (sub req’d)
- Testing culture. Dylan Tokar in WSJ Risk and Compliance Journal.
- Renewed need for Board oversight of compliance. Mike Peregrine in CCI.
- Economic sanctions now national security issue. Dylan Tokar in WSJ Risk and Compliance Journal.
- Why compliance is a competitive advantage. Navex’s Risk and Compliance Matters.
- Toll Holdings and export control compliance failures? Matt Kelly in Radical Compliance.
- Boards making decisions under a stakeholder model. Robert Miller in Harvard Law School Forum on Corporate Governance.
- What to measure in DEI. Ngozi Okeh in practicalESG.
Podcasts and More
- How can baking cookies get your through grief? Find out on this episode of The Hill Country Podcast as Kerrville Cookie Lady, Julia Cardoshinsky talks about her lifelong love affair with baking cookies.
- What is the only podcast dedicated to the intersection of Compliance and ESG? It’s the Compliance ESG Podcaston the CPN. Check out this week’s episode with Travis Miller and Jared Connors of Assent Compliance on the role of Supply Chain in ESG. For your added viewing pleasure check out the video pod on YouTube.
- This month on the Compliance Life, I visit with Susan Divers, Director of Thought Leadership at LRN. In Part 1, academic life and early professional career. In Part 2, she moves to the corporate world. In Part 3, Susan moves into the CCO chairs at AECOM. In the final episode this month, Part 4, Susan details her move to and work at LRN.
- Why should you attend Compliance Week 2022? Find out in this podcast series featuring speakers at CW 2022. Listeners get a $200 discount to CW 2022 with the discount code TFLAW $200 OFF. Registration and agenda here.
- From the Editor’s Desk welcomes the new Compliance Editor in Chief, Kyle Brasseur to the podcast. Check out Kyle’s inaugural episode here.
Tom Fox is the Voice of Compliance and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
