Categories
Innovation in Compliance

Customer Centric Training with Jonathan Sampson


Jonathan Sampson has worked in the compliance industry for the past decade, including as COO of Click for Compliance, a pioneer in the compliance training space. He and co-founder Karen Kiesel started Peak Compliance Training because they recognized a need for a customer-centric training provider. He says that compliance professionals are passionate about driving company culture through their training initiatives but they need customization, often in multiple languages. He joins Tom Fox on this week’s show to share how Peak is answering the market need with their training solution.
Listen to the Episode:

A Suite of Training Resources
Peak’s initial suite of training resources was in the area of sexual harassment prevention, in response to recent legislation mandates. They are building out a compliance training library that will be available in coming months, which will cover topics such as ethics, business code of conduct, FCPA anti-corruption and anit-trust, and import-export controls. The market favors training that is interactive, scenario-based and topical. People also want compliance programs to have shorter, more frequent communication. You can have all of this with Peak: their technology allows you to pull out case studies and scenarios and send them as short, one-off communications. 
What Makes Peak Different
Tom asks Jonathan what differentiates Peak from other compliance training providers. He responds that the three things that make them different are:

  1. They’re customer-centric: they answer learners’ need for customized courses at a reasonable price. Personalized courses resonate better with employees rather than out-of-the-box solutions.
  2. Their top-notch technology: their state-of-the-art course building tool enables them to make faster, cheaper customizations in multiple languages, as well as create short training snippets.
  3. Their instructional design: they create relevant, appealing content to honor their learners’ time and intelligence. Realistic scenarios and interactive questions are designed to entertain and challenge.

Targeted, Effective Training
Tom asks if Peak’s training speaks to the Department of Justice mandates of effective and targeted training. Jonathon responds that it does. With our training, Jonathan says, you can actually decide on your training path. Training paths can be role-based, where different content would be delivered to different learners, depending on their position in the company. This is more beneficial since employees are being trained in areas that are relevant to them. Peak’s courses are also available on mobile devices. Compliance training has evolved, Jonathan says; they are now more engaging, more interactive, more continuous, and less time-consuming. CCOs welcome this evolution as they are passionate about their personal brand and how they’re reflected by how their compliance program is implemented.
Resources
PeakComplianceTraining.com
Email: jsampson@peakcompliancetraining.com
720-648-0206

Categories
FCPA Compliance Report

Update on Varsity Blues

In this episode I visit with Benjamin Britz, a partner at Hughes Hubbard & Reed. We review the current state of the Varsity Blues prosecutions, including the guilty pleas and those still maintaining their innocence. We consider the evidence presented and where the case may be heading.
Britz advises clients on all aspects of corporate governance including government investigations, shareholder class action and derivative litigation, and corporate compliance matters. He has represented clients before all manner of domestic and international enforcement agencies, including the Department of Justice, Securities and Exchange Commission, UK Serious Fraud Office and the enforcement offices of the World Bank, Asian Development Bank and African Development Bank, among others. His practice particularly focuses on anti-corruption compliance, securities enforcement, and accounting and procurement fraud matters. He has performed internal investigations and due diligence exercises around the globe and across an array of different industries.
Some of the highlights include:

  • What is the current state of prosecutions?
  • What evidence has been presented?
  • Might there be ancillary issues involved?
  • What will be the fallout for the cooperating witnesses?
  • Is money laundering a viable prosecution strategy?
  • Will the IRS become involved?
Categories
Daily Compliance News

November 18, 2019 the Worst TV Interview Ever edition

In today’s edition of Daily Compliance News:

  • Keppel Offshore lawyer sentenced to time served for FCPA vioations. (FCPA Blog)
  • Turns out Trump is pro-vaping. (NYT)
  • Watching PR disaster in real-time. (FT)
  • WeWork under SEC investigation. (San Antonio Express-News)
Categories
Daily Compliance News

November 15, 2019, the We’ve Become Our Parents edition

In today’s edition of Daily Compliance News:

  • The role of coaches in Varsity Blues. (WSJ)
  • New headache for compliance professions, foreign espionage. (WSJ)
  • Boomers tell Millennials “we have the money”. Sounds like a generation gap to me. (Washington Post)
  • Merkel says Europe must seize its data back from Silicon Valley. (FT)
Categories
Excellence in Training

The Future of Compliance Training

In this episode of Excellence in Training, Shawn Rogers provides some thoughts on the veiled land of –the future of compliance training.
Highlights include:
1.Compliance Training will be More Respectful of the Learner
2. Compliance Training Abuse” will Stop 
3. Compliance Training will become More Relevant to Learner Roles
4. Compliance Training becomes More Integrated into Business Processes
5. Compliance Training becomes More “Bottom-Up” Driven than “Top Down” Driven 
Disclaimer-As a company, GM uses many training vendors. GM’s compliance function primarily uses two vendors. Rogers has worked with other good vendors that currently do not work with GM. Rogers is not promoting any specific vendors, nor is he disparaging any specific vendors in this podcast. And, of course, these opinions are Roger’s alone and opinions that  developed over almost 15 years. He is not speaking on behalf of GM in any way.

Categories
STAKE: The Leadership Podcast

Successfully Leading Millennials

Today’s show features an incredibly impactful leader in my own life, Jeff McDaniels. Jeff is a Yale graduate and now the President/CEO of Farmers Bank & Trust in Kentucky.
Jeff has created a culture in his bank that breeds success — especially for millennial employees! For as long as I’ve known Jeff, he has proven time and time again that no one generation is better than the other, but that we can all learn from one another. His results speak for themselves!
In this episode, we are digging into the approaches and thought processes that shape Jeff’s leadership style — all of which are attractive to the majority of Millennial employees. After this episode, your eyes will be opened to the potential and opportunity that lies within leading millennial employees. The question always is, will you put your stake in the ground and do something with what you’ve heard and learned today?
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, emailalyson@vanhooser.com.
Did you enjoy 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 through sharing this podcast, I’d love for 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
This Week in FCPA

Episode 180 – the Hoskins is Guilty edition

The fallout from the Hoskins guilty verdict still resonates. Tom and Jay reflect upon it, what it means to play by the rules and then turn to some other of this week’s top compliance and ethics stories which caught their collective eyes.

  1. Hoskins found guility. Dylan Tokar reports in WSJ. Dick Cassin the FCPA Blog. Tom and Mike Volkov consider in the FCPA Compliance Report. How the verdict bolsters the DOJ, in GIR.
  2. Astros accused by ex-player of cheating in 2017 Championship season. David Schonenfield breaks down sign-stealing in com. Michael Rosenberg reports in Si.com. Buster Olney says the Astros cannot be trusted to investigation themselves, in ESPN.com. Tom weighs in on the FCPA Compliance and Ethics Blog.
  3. How do you balance perception based culture with fact based compliance? Anna Romberg in Navex Global’s Ethics & Compliance Matters blog.
  4. Twists and turns in the Cognizant case. Bill Wichert in Law360. (sub req’d)
  5. What can WeWork teach us about private company compliance. Erica Salmon Byrne in the FCPA Blog.
  6. A Guidebook to Corporate Governance, on Forum on Corporate Governance.
  7. Deutsche Bank whistleblower loses appeal. Jon Hill in Law360. (sub req’d)
  8. Why do you need oversight of merged companies? Jay explores in his continuing series on CCI.
  9. TRACE corruption ratings for 2019 are out. Matt Kelly reviews in Radical Compliance.
  10. Is FCPA enforcement inconsistent? Three lawyers from Bass, Berry say yes in CCI.
  11. Take a deep dive into SEC 2018/9 enforcement numbers. Cleary Gottlieb lawyers on NYU’sCompliance and Enforcement Blog.
  12. The Compliance Kitchen, a podcast hosted by Silvia Surman, premiers on the Compliance Podcast Network.

Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com. For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Categories
The Walden Pond

Legal Trends in Artificial Intelligence with Lee Tiedrich


Vince Walden welcomes Lee Tiedrich to the Walden Pond podcast this week. Lee is a partner at Covington and Burling where she co-chairs the firm’s global and multidisciplinary artificial intelligence (AI) practice. AI is at the intersection of law and technology, she says. The technology is growing faster than the law, and Covington helps clients navigate the evolving legal landscape so they can capitalize on the opportunities presented by AI. Other aspects of their work include product counseling, advising clients how to improve their operational efficiency using AI, and advising clients about how to adapt their business based on the policy landscape.
Listen to the episode now:

What is AI?
Lee defines AI as using computing to automate, imitate or emulate human behavior. There are three key components to AI, algorithms and code, data, and hardware. Advancement in digital and hardware technology is greatly responsible for the enthusiasm for AI in the market. Lee predicts that the adoption and development of AI will continue to grow. 
Compliance Professionals Need to Know
If you’re using AI or planning to, you should be aware of the key issues and policy developments, especially in your jurisdiction. The policy landscape is evolving rapidly. If AI is relevant to your business, become informed of where the policy is going and think about how that impacts your business and what type of changes you might need to make to your operations. Another issue that’s relevant to compliance professionals is how to make AI trustworthy to enjoy its benefits while mitigating against unintended harms. Lee says that governance is an effective tool to help manage the data, development, and deployment of AI. Given the rapidly evolving landscape and the growing interest in AI, organizations should dedicate some resources to understanding the AI legal landscape.
Resources
InsideTechMedia.com
Law 360 article: The 10 Best Practices For Due Diligence in AI Transactions 

Categories
12 O’Clock High-a podcast on business leadership

Evaluating Leadership Conduct

Richard Lummis is on assignment this week so I take this week’s episode solo to discuss how you can begin to evaluate a leader’s conduct around not simply compliance and ethics but also how a leader can improve culture. Highlights of this podcast include:

  1. The DOJ wants to see more evidence of leadership.
  2. How can a leader use current events to lead culture?
  3. What messages can a CEO push out around culture?
  4. A leader should be an ambassador of compliance, ethics and culture.
Categories
Daily Compliance News

November 14, 2019, the Astros Caught Cheating edition

In today’s edition of Daily Compliance News:

  • McDermott doesn’t bother to tell lenders it was under SEC investigation. (WSJ)
  • Astros accused of cheating. Why MLB must step in? (ESPN.com)
  • USOPC President tells Congress they can’t engage in oversight. Good luck with that. (WSJ)
  • Merkel says Europe must seize its data back from Silicon Valley. (FT)