Categories
FCPA Compliance Report

Max Keating, Controls and ESG in eSports

In this Episode of the FCPA Compliance Report, I am joined by Max Keating, CEO and co-founder of Kleos, a scheduling and payment platform for the eSports industry. We take a deep dive into eSports, the Kleos platform and how the industry is evolving from an internal controls, compliance and ESG perspective. If you do not know anything about eSports and you are in compliance, this is a podcast for you.   Highlights of this podcast include:

  1. The breadth and scope of the eSports industry?
  2. What market gap or need did you see in the eSports industry?
  3. What is the interest in fan interaction with players and celebs?
  4. What idea(s) led to the creation of Kleos?
  5. What makes Kleos different?
  6. A portion of the proceeds from each match played on Kleos go to charity. Why is this so important to you and the company?
Categories
ComTech

Technology, Learning and Communications with Natalia Shehadeh


 
Natalia Shehadeh is a well-known compliance expert who worked in the energy sector for over a decade. She is now the Chief Integrity Officer at ABB, a multinational corporation in the robotics and process automation space. Natalia believes that using data and technology in compliance is no longer an option: “It is absolutely mission-critical to the proper functioning and success of our function and our mission,” she tells Tom Fox and Valerie Charles. In this week’s show, Natalia chats with Tom and Valerie about the importance of leading with data, including how to use data to measure cultural buy-in. 
 

 
Building Culture with Data
“We are trying to look at opportunistically, how to leverage data for purposes of giving us real-time insights on the health of our integrity culture in the company; how to do so effectively and efficiently, and with a real keen eye towards innovation,” Natalia remarks. Her cross-functional team – which includes data professionals and business analytics experts – is a major reason they have been so successful in moving towards that goal, she says. Their focus is not only on monitoring from a risk perspective, but also measuring how effective their communications for learning purposes are. Valerie asks her about the data sets they use. She explains that they monitor internal social media posts as well as their learning assets to measure sentiment. “A lot of data we’re looking at and trying to get a feel for, Are we communicating effectively in the eyes of our employees? And how do we think that’s moving the culture needle?” she tells Valerie.
Getting Cultural Buy-In
“Data analytics or tech solutions on their own aren’t particularly useful without the cultural buy-in of the organization,” Valerie comments. She asks Natalia how she gets buy-in at ABB. Natalia responds that ABB is a data-focused organization, so they understand the importance of using data. However, she advises, it takes “care and feeding culturally” to get to the point where you have quality data sets that can provide rich insights.  
Facilitating Learning Through Data
ABB is focused on “communicating learning in an effective way”, Natalia tells Tom and Valerie. To this end, they revamped their approach to employee training, focusing instead on a data-driven stratified approach. Traditional compliance and integrity training is no longer mandatory; instead, employees interact with learning assets as and when they need, similar to how they use Youtube to find a quick solution to a problem. “We really believe in inculcating an adult self-learning objective,” Natalia says. “…The concept is [to] create a simple learning approach where people will want to come back for more because it’s easy, it answered the question that they had, and hopefully we can make it a little bit fun.” 
Resources
Natalia Shehadeh on LinkedIn 
ABB
 

Categories
STAKE: The Leadership Podcast

3 Tips to Build Your Confidence 


Does confidence only come naturally to those lucky enough to “be born with it”? I don’t think so. That’s not my story!  
You can build your confidence.  
To do that, you have to take correct, calculated, and consistent action.   
In today’s episode, we’re discussing three practical steps to take to build your confidence.  
———-  
If you’re looking for tangible action steps and refreshing insights to help ignite the power of your own leadership journey, sign up for my weekly leadership blog HERE.  
If your business would benefit from higher-performing leaders, check out more information about the comprehensive leadership development training I do HERE 
 If you want to reach out to me directly, email alyson@vanhooser.com.  
If you enjoyed this episode, will you please subscribe and leave a review? Your reviews help this show get discovered by more incredible leaders just like you. I’m obsessed with helping leaders ignite their performance results and I’d love to have you help me make an impact! Thank you so much!  
P.S. Share and tag me on social — @AlysonVanHooser — and I’ll share your comments and big takeaways on my feed! 

Categories
The Wirecard Saga

Gangster’s Paradise

Welcome to The Wirecard Saga, one of the leading sources on all things Wirecard. In this series, Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors takes a look at the biggest financial scandal in post-war Germany from a variety of angles.  In this ‘Gambler’s Paradise’ Episode, she continues her exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal. Some of the highlights include:  

  • BaFin Criminal Conduct?
  • Blackened Pages
  • Useful Idiot
  • Marsalek Was Used
  • Those That Do, Don’t Talk
  • Putin is a Favorite
  • Meeting with US DOJ
  • Virtual Solutions
  • Dodgy Digid Deals
  • Trusted Advisor to Timchenko
  • Superpower of Crime
  • Opportunity Knocks
  • Chernaya Kassa
  • Firtash & Mogilevich
  • Influencers in the Near East
  • Rostec, Skytec, we all love tech
Categories
This Week in FCPA

This Week in FCPA-Episode 249 – the Whistleblower edition


Big news in whistleblower information and an award this week. Tom and Jay are back to look at this week’s stories top compliance and ethics stories which caught their interest on This Week in FCPA. We are joined by special guest Asha Palmer to talk about the upcoming Converge21 Workshop Edition.
 Stories

  1. SEC whistleblower program big award and news. Mengqi Sun in WSJ Risk and Compliance Journal. Matt Kelly in Radical Compliance. How did compliance manage reporting during Covid-19. Jaclyn Jaeger in Compliance Week. (sub req’d)
  2. Human capital management. Paul Washington and Rebecca Ray in the Harvard Law School Forum on Corporate Governance.
  3. NYDFS cybersecurity enforcement action against National Securities. In NYU Compliance and Enforcement Blog.
  4. Post pandemic business resiliance. Jim Deloach in CCI.
  5. The cost of unethical requests. Isaac H. Smith, Maryam Kouchaki, and Justin Wareham in the MIT Sloan Management Review. (sub req’d)
  6. To Russia with Love. Mike Volkov on the US ramping up sanctions on Russia. For a deeper dive check out this week’s episode of Embargoed! On the Compliance Podcast Network.
  7. ComEd as a wake up call. Vincent Wu in the Global AntiCorruption Blog.
  8. Making your values stick. Brett Beasley in Center for Ethical Leadership.
  9. The role of complexity in compliance. Risk and Compliance Platform Europe.
  10. Can the government make us more ethical? Jeff Kaplan explores in the Conflict of Interest Blog.

Podcasts and Events

  1. Tom and Megan Dougherty are doing a special podcast series around The Falcon and The Winter Soldier, currently streaming on Disney+. Check out Episodes 1&2, Episode 3, Episode 4, Episode 5.
  2. Affiliated Monitors, Inc.’s Donald Sternand Eric Feldman CFE, CIG, CCEP-I host special guest Rod J. Rosenstein, former Deputy Attorney General and currently a partner at King & Spalding, for part two of an engaging discussion on “The Past, Present and Future of Monitoring”. Rod and Eric conclude with key takeaways at the end of this podcast.
  3. This month on The Compliance Life, Tom welcomes Jonathon Kellerman. In Episode 1, Jonathon discusses the path he took to compliance. In Episode 2, he talked about his early professional career in healthcare compliance consulting. In Episode 3, he moves to the CCO Chair.
  4. For more information on the Converge21, the Workshop Edition, click here.
  5. CCI releases a new eBook, The FCPA Year in Review by the Compliance Evangelist, Tom Fox. You can obtain a copy here. Best of all its available at no charge.
  6. Tom announces his latest book, The Compliance Handbook, 2nd edition is available for presale purchase. Use the code FOX25 and go hereThe Compliance Handbook 2ndedition will be available in both print and eBook editions. This week on The Compliance Handbook podcast, Eric Young joins Tom for a deep dive into the role of internal controls in a best practices compliance program.

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.

Categories
The Walden Pond

Focus on Brazil: An Interview with Sergio Moro, Former Minister of Justice of Brazil


 
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
 

Categories
Everything Compliance

Episode 79, the Prince Phillip edition


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.

  1. 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.
  2. Jonathan Marks talks the new SEC position on ESG reporting and what it means for BODs and compliance. Marks rants about Bernie Madoff.
  3. 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.
  4. 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.
  5. 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

Categories
Daily Compliance News

April 22, 2021 the Swimming with Sharks edition


In today’s edition of Daily Compliance News:

  • Do you know who owns your stock? (WSJ)
  • The con artist lives on. (WaPo)
  • Can (or perhaps will) JPMorgan improve working conditions? (NYT)
  • What happens when you swim with sharks? (FT)
Categories
Great Women in Compliance

Lisa Krigsten, Crisis Management and the E&C Professional


Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley. First, thanks to all who sent messages, encouragement, comments and thoughts related to Great Women in Compliance’s 100th episode.  We are so appreciative and excited for the next 100.  So to start out our spring sessions, here is episode 101 where Lisa is starting some discussions about crisis management and how ethics and compliance professionals can help guide and provide the best impact when a crisis occurs.  In the first discussion, Lisa speaks with Lisa Krigsten, who is a partner in the white collar and governmental investigations group at Dentons, as well as the managing partner of the Kansas City office.  Before joining Dentons, Lisa received a presidential appointment to serve as a Principal Deputy Assistant Attorney General within the DOJ in Washington, DC, and has also been a federal and state prosecutor.
When Lisa was in the government, she prosecuted police officers and departments.  In that role, she had a first-hand look at when people start to justify certain actions, and some of the things she addresses and learned are particularly relevant today.  Today, Lisa is one of the people that you call in when a crisis occurs.  She talks us through how she defines a crisis, initial steps to take, and some of the common threads she has seen when advising organizations.  She also reinforces the importance of an organization’s culture and the ability for employees at all levels to speak up.
Lisa also talks about moving from Washington, D.C., back to Kansas City, which is in the midwest of the United States.   Not only does she speak about having a regional as well as a global practice, she also includes some information about all the great things about Kansas City.
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.

Categories
Cordery

Cordery Head to Head @ Home: Lisa Fine on Compliance, Whistleblowing and Ethics in Business


In this edition of Cordery Head to Head @ Home Cordery’s Jonathan Armstrong talks to Lisa Fine.  Lisa is currently Director, Compliance, Americas at Pearson.  She was formerly the Director of Global  Compliance at Gate Group.  Lisa is also the Co-Host of the Great Women in Compliance podcast.
Lisa joins us from her home in Washington DC.
They talk about how Lisa became involved in compliance issues after moving from a big law firm in Washington DC.  They talk about whistleblowing and some of the cultural challenges in dealing with this in a multinational company.  They talk about the need for compliance professionals to sometimes fill a vacuum left by government.  They also talk about the future of compliance and whether that is intertwined with the need for organizations to behave ethically.

You can find out more about Lisa here https://www.linkedin.com/in/lisarfine/.  You can listen to her podcasts here https://www.corporatecomplianceinsights.com/great-women-in-compliance/
You can find out more about Cordery and its work here https://www.corderycompliance.com/.  You can also read about current issues in dealing with the pandemic here https://www.corderycompliance.com/category/covid19/. The changes to whistleblowing laws which Jonathan discusses are detailed here https://bit.ly/euwhistle.
You can watch the film with Richard Levick Jonathan mentions here https://bit.ly/levickfilm.  You can view more Cordery Head to Head interviews here www.bit.ly/corderytv.