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Daily Compliance News

Daily Compliance News: May 8, 2026, The Unwinding the Sleaze Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • A Hungarian lesson in unwinding corruption.  (Bloomberg)
  • Gambling regulators are investigating Tech QB. (ESPN)
  • The ChatGPT-ification of businesses. (WSJ)
  • A top bank official in Ukraine was suspended for corruption. (KYIV Independent)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
Betting the Game

Betting the Game: Inside Information: The New Edge in the Betting Economy

Betting the Game is a 10-part podcast series exploring how sports gambling reshaped the business, culture, and integrity of athletics across professional and amateur sports. Hosted by Tom Fox and Mike DeBernardis, the series examines the real-world collisions between betting markets, athlete conduct, institutional oversight, and public trust. Each episode examines a different pressure point, from player betting and college sports to prop bets, insider information, and governance failures that can put the credibility of competition at risk. At its core, the series asks a simple but urgent question: as gambling became mainstream in sports, did ethics, compliance, and oversight keep pace?

In episode 3 of Betting the Game, Tom and Mike examine one of the most important and least understood integrity risks in modern sports betting: inside information. The episode explores how injury updates, lineup changes, load management decisions, clubhouse knowledge, and trusted access to athletes can all become market-moving information in a legalized, mobile, real-time betting environment. Using examples from NFL injury-report enforcement, NBA late lineup disclosures, and baseball’s clubhouse ecosystem, including the Ohtani-Mizuhara matter, Tom and Mike explain why sports now face a governance challenge that increasingly resembles insider trading risk. At its core, this episode asks a simple but urgent question: who knows what, when do they know it, and what controls exist to prevent that information from being misused?

Key highlights:

  • Inside information is now an integrity issue, not just competitive intelligence.
  • NFL injury reports function like disclosure controls.
  • NBA load management creates real-time information asymmetry.
  • The risk extends far beyond players.
  • Sports needs a true compliance framework for market-sensitive information.

Resources:

Mike DeBernardis on LinkedIn

Tom Fox

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Categories
AI in Healthcare

AI in Healthcare: Five Healthcare AI Stories You Need to Know This Week – May 8, 2026

Welcome to AI in Healthcare in 5 Stories. This podcast is a Weekly Briefing of the five most important AI developments shaping healthcare, medicine, and life sciences. Each week, Tom Fox breaks down the latest stories on clinical innovation, regulation, privacy, compliance, patient safety, and operational transformation through a practical, business-focused lens. Designed for healthcare compliance professionals, executives, legal teams, clinicians, and industry leaders, the podcast moves beyond headlines to explain what each development means in the real world.

The top five stories for the week ending May 8, 2026, include:

  1. The bot impersonates a doctor, and the company is being sued. (HealthExec)
  2. AI and disparities in healthcare. (KFF)
  3. AI literacy in healthcare. (The Times Higher Education)
  4. AI in pharma development. (Contract Development)
  5. Doctors are recording your visits with AI. (WBUR)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
Pod and Port

Pod and Port: Podcasting, Social Media and Yacht Rock – From Vanity Metrics to Attribution: Creator Marketing Takeaways and a Yacht Rock Spotlight on Toto

In Pod & Port: Podcasting, Social Media and Yacht Rock, Tom Fox and Jeff Dwoskin explore a major shift in how creators, marketers, podcasters, and business owners should think about Instagram: it is no longer just a closed social platform. With stronger Google indexing, Instagram content can now have a much longer life cycle, which means captions, keywords, file names, and value-driven content matter more than ever.

Tom and Jeff discuss Jeff’s takeaways from Affiliate Summit West and Creator Economy Live in Las Vegas, focusing on the industry shift from influencer vanity metrics (likes, reach, impressions) to performance-driven creator marketing grounded in attribution, clicks, conversions, and revenue—an area Jeff ties to Stampede Social’s ability to capture intent signals and provide end-to-end tracking and real-time optimization. They address limits on demographic data from platforms and note that deeper demographics often require trust-based registration over time. Jeff explains that influence builds across multiple touchpoints, enabling analysis of engagement frequency and quality, while TikTok’s “watch, want, buy” reflects a collapsed funnel, enabled by relationships and trust, that can apply beyond consumer contexts. They also explore creators as infrastructure that builds community, illustrated by Fox’s Great Women in Compliance podcast, the resulting LinkedIn community, and the awards. The episode closes with a yacht rock discussion praising Toto’s elite musicianship and live performance.

Key takeaways:

  • From Vanity to Attribution
  • Real-Time Optimization Model
  • Influence Takes Touchpoints
  • Creators as Infrastructure
  • Building Community Example
  • Yacht Rock Spotlight: Toto

Resources:

Jeff

Jeff Dwoskin on LinkedIn

Stampede Social website

Toto on Spotify

Tom

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AI in Financial Services in 5 Stories

AI in Financial Services in 5 Stories – Week Ending May 8, 2026

Welcome to AI in Financial Services in 5 Stories. A practical weekly roundup of the five most important AI developments affecting banking, insurance, payments, asset management, and fintech. Each Friday, Tom Fox will break down the top stories that matter most through the lenses of compliance, risk management, governance, and business strategy. Designed for compliance professionals, executives, legal teams, and financial services leaders, it goes beyond headlines to explain why each development matters in a highly regulated industry. The result is a concise weekly briefing that helps listeners stay current on AI innovation while asking sharper questions about oversight, accountability, and trust.

This week’s stories include:

  1. AI is democratizing lending services. (Wolters Kluwer)
  2. AI’s delicate balance in banking. (Global Finance)
  3. AI is running into roadblocks in the banking industry. (American Banker)
  4. Anthropic with 10 new agents for banks. (Yahoo!Finance)
  5. FIS and Anthropic pair for Agentic AI in AML. (WSJ)

For more information on the use of AI in Compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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AI Today in 5

AI Today in 5: May 8, 2026, The AI Guardrails Edition

Welcome to AI Today in 5, the newest addition to the Compliance Podcast Network. Each day, Tom Fox will bring you 5 stories about AI to start your day. Sit back, enjoy a cup of morning coffee, and listen in to AI Today In 5. All, from the Compliance Podcast Network. Each day, we consider five stories from the business world, compliance, ethics, risk management, leadership, or general interest about AI.

Top AI stories include:

  1. US and China to pursue AI guardrails. (WSJ)
  2. Where AI in banking is running into roadblocks. (American Banker)
  3. FIS and Anthropic pair for Agentic AI in AML. (FinTech Magazine)
  4. Agentic AI and enterprise bank compliance. (Wolters Kluwer)
  5. A bot impersonated a doctor, and the company sued. (HealthExec)

For more information on the use of AI in compliance programs, Tom Fox’s new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

Categories
Creativity and Compliance

Creativity and Compliance: Compliance 6-Pack: Part 3 – An Attitude of Gratitude

Tom and Ronnie continue their six-part series highlighting the role of improv in compliance.  This series links improv lessons to corporate compliance and some of the key tools and strategies Ronnie has brought from his former world of improv to the corporate compliance communications realm. In today’s Improv & Compliance Lesson 3, they focus on ” an attitude of gratitude,” which means being grateful for information shared, postponing judgment, and dropping personal agendas to fully commit to what others contribute.

Ronnie explains how judgment on stage (of oneself or a scene partner) harms listening, support, and collaboration, while a silent “thank you” helps create openness and leads to more thoughtful responses. They connect this to corporate compliance, urging teams to resist judging employees who ask repeated questions (e.g., gifts and entertainment) and instead be welcoming, even when the ultimate answer is no. Feldman notes improv skills are practicable, references Viola Spolin’s action-driven approach to building intention, and recommends institutionalizing gratitude in reporting channels by thanking reporters, clarifying next steps, and reinforcing psychological safety.

Resources:

Ronnie

Tom

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Creativity and Compliance is a multiple-award-winning podcast and was recently honored as one of the Top 35 Podcasts on Creativity by Feedspot.

Categories
Blog

The Compliance Handbook, 7th Edition

As the Compliance Evangelist, I am pleased to announce the release of The Compliance Handbook, Seventh Edition. I believe it is the best single-author handbook for compliance professionals and about compliance professionals. Beautifully packaged, edited, and published by the country’s top legal and compliance publisher, LexisNexis.

This edition is an update of the Compliance Handbook, 7th edition. The handbook is a must-read for all ethics and compliance professionals. The Seventh Edition provides practical, helpful solutions to important ethics and compliance issues. It is comprehensive, accessible, and a must-have for every ethics and compliance professional.

As noted, I have teamed up with the country’s top legal and compliance publisher, LexisNexis Legal & Professional, to add to its winning series of compliance offerings. The Compliance Handbook, 7th edition, provides seasoned compliance professionals and those new to the profession with practical, actionable guidance and tools to design, implement, and continually enhance a best-practices compliance program. Why the need for this update?

Noted compliance maven Karen Moore said in the book’s foreword.

There is an increasing awareness that compliance and ethics stand at a unique crossroads—the intersection of human behavior and decision-making and of corporate identity, purpose, and mission. We operate at all levels of the organization: we satisfy the board, seek to understand strategy in the C-suite, engage middle managers, and stay relevant to the factory floor and frontline workers. We reconcile the need to defend the enterprise with the need to believe in its individuals. All that, within an increasingly complex landscape of shifting regulations, emerging risk areas, and geopolitical instability.

The Compliance Handbook, 7th edition, provides an in-depth look at the latest thinking and trends for the full range of critical compliance topics, including:

  • Compliance and business ventures;
  • Third-party risk management
  • The Board’s Role in Compliance
  • Continuous improvement;
  • Compliance innovation; and
  • And much more.

The Compliance Handbook, 7th edition, also takes a close look at the roles of all professionals with compliance responsibility, from Compliance Officers and Boards of Directors to Human Resources, Internal Audit and Internal Controls, and Communications and Training professionals. Understanding compliance responsibilities across the organization remains a key theme for both the Department of Justice (DOJ) and the Securities and Exchange Commission (SEC). In this 6th edition, I expand on the concepts articulated in previous editions for operationalizing your compliance program.

What’s new for the 7th edition?

  • Key compliance enforcement actions, DOJ pronouncements, and all things compliance from 2025;
  • The revised section on the use of AI in a best practices compliance program.
  • The significant revisions to the chapter on data analytics, and
  • Looking forward to compliance in 2030 and beyond.

The Compliance Handbook, 7th edition, incorporates the most current government pronouncements governing best practices compliance programs, including the 2024 Evaluation of Corporate Compliance Programs; the new DOJ whistleblower initiative; ideas on innovation in compliance training, data, and its use in improving and maintaining corporate culture; the continued evolution of AI in compliance; and much more.

The Compliance Handbook, 7th edition, is available in both print and eBook editions.  Visit the LexisNexis® Store at https://lexisnexis.com/fox20

To save 20% on The Compliance Handbook: A Guide to Operationalizing Your Compliance Program, please use the promotion code FOX20.

Offer expires December 31, 2026. The offer applies to new orders only, before shipping and taxes are calculated, and shipped to a U.S. address. Discount will be applied to each applicable product after code FOX20 is entered.