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FCPA Compliance Report

FCPA Compliance Report – The 2024 ECCP on Data-Driven Culture and Engagement

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this edition, Tom Fox visits with Sam Silverstein on how compliance professionals should view the new DOJ mandate on using data to assess, manage, and improve corporate culture through data-driven compliance. The Culture Audit sponsors this podcast.

In this comprehensive discussion, Tom Fox and Sam Silverstein delve into the 2024 Update to the Evaluation of Corporate Compliance Programs (ECCP) by the DOJ. Released in September, this latest update emphasizes the importance of data analytics, culture, engagement, and trust in compliance programs. With a detailed breakdown of over 250 questions posed by the ECCP, Tom and Sam provide valuable insights on how companies can benchmark their compliance programs and prepare for potential investigations. They highlight the role of a culture audit in addressing the DOJ’s requirements, offering a detailed look into how organizations can measure and improve their compliance culture. This webinar educates compliance professionals on the latest DOJ expectations and provides practical tools and methodologies to enhance corporate compliance efforts.

Highlights in this episode:

  • Importance of Culture and Data Analytics
  • Leveraging Data for Compliance
  • Measuring and Improving Culture
  • Data-Driven Culture of Compliance
  • Understanding and Utilizing Culture Audit Data
  • Forward Steps for a Stronger Culture

Resources:

Culture Audit

Set up a call to discuss the Culture Audit, click here

Sam Silverstein and the Accountability Institute

Sam Silverstein on LinkedIn 

Tom Fox

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Sunday Book Review

Sunday Book Review: November 3, 2024 – The Books on Risk Edition

In the Sunday Book Review, I consider books that would interest the compliance professional, the business executive or anyone who might be curious. It could be books about business, compliance, history, leadership, current events, or anything else that might interest me.

In today’s edition of the Sunday Book Review, we look at four top book risks for the compliance professional in November 2024.

  1. Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein
  2. The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb
  3. Risk: A User’s Guide by General Stanley McChrystal and Anna Butrico
  4. Risk: A Very Short Introduction by Baruch Fischhoff and John Kadvany

 

Resources:

Top Books To Read on Risk in 2024 in Dataminr.com

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Kerrville Weekly News Roundup

Kerrville Weekly News Roundup: November 2, 2024

Welcome to the Kerrville Weekly News Roundup. Each week, veteran podcaster Tom Fox and his colleagues Andrew Gay and Gilbert Paiz get together to go over a couple of their favorite stories from the past week from Kerrville and the greater Hill Country. Sit back, enjoy a cup of morning coffee and listen in to get a wrap up of the Kerrville Weekly News. We each consider two of our favorite stories and talk about the upcoming weekend’s events which will enjoy or participate in this weekend.

In this episode, Tom and Andrew are back to look at some of the things that caught their attention over the past week.

Stories Include:

  • Arts and Craft Fair
  • Blown Glass Mural Artist honored at Tivy High School
  • Kerrville Pets Alive needs foster parents
  • Cowboy Days in Fredericksburg
  • Hill Kerrville Car Fair
  • Vote on November 5

Resources:

Tom Fox on LinkedIn

Gilbert Paiz on LinkedIn

Andrew Gay on LinkedIn

Texas Hill Country Podcast Network

The Lead

Kerrville Daily Times

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending November 2, 2024

Welcome to 10 For 10, the podcast which brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes hear about the stories every compliance professional should be aware of from the prior week.

Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • Alibaba settles with shareholders for $433MM. (WSJ)
  • How a BBC podcast led to the arrest of Mike Jeffries. (BBC)
  • AstraZeneca China BU President under investigation. (FT)
  • Trafigura faces $1bn hit for corruption in Mongolia. (Bloomberg)
  • Sri Lanka to probe corruption in tanker disaster. (Al Jazeera)
  • UBS stuck in yet another Mozambique tuna bond investigation. (Bloomberg)
  • It turns out audit reports do matter. (WSJ)
  • JP Morgan set to settle several SEC enforcement actions. (Reuters)
  • Modern slavery stopped on the Scottish trawler. (BBC)
  • Olympus chief fired for purchasing illegal drugs. (FT)

 

Connect with Tom 

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Because That's What Heroes Do

Because That’s What Heroes Do: Deep Space 9 – Episode 16: Favor the Bold: End of The Beginning

Get ready for an exciting new season of Because That’s What Heroes Do. In this season, they take a deep dive into their favorite 15 episodes of Deep Space 9. In this exploration, Tom and Megan are joined by Star Trek maven Alex Murphy (Murphy) from Montreal, who is a local historian and cinema and tv fan with a love for weird foreign films, all things horror, and obscure media. He has been watching Trek since he was a tiny punk, and it’s been a lifelong love. In this episode, the team reviews the start of a two-part ending of the first phase of the Dominion war with Favor the Bold.

In this episode, the hosts delve into ‘Favor the Bold,’ the penultimate episode of the Siege Arc in Star Trek: Deep Space Nine. They discuss pivotal moments and character developments as the Dominion tightens its grip on the station, forcing Sisko and his crew to adapt their strategies. Key character interactions include Kira under Dominion rule, Odo’s complex relationship with the female changeling, and the emotional growth of Rom and Quark. The episode also introduces new characters and sets the stage for the concluding chapter in ‘Sacrifice of Angels.’ The hosts explore themes of loyalty, sacrifice, and the moral complexities faced by the characters, offering deeper insights into the larger narrative of DS9.

Key Highlights:

  • Key Characters and Plot Points
  • Character Dynamics and Relationships
  • Odo and the Female Founder
  • Dukat and Ziyal’s Relationship
  • Final Thoughts and Reflections

Resources:

Megan Dougherty

LinkedIn

One Stone Creative

Tom

Instagram

Facebook

YouTube

Twitter

LinkedIn

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Compliance Tip of the Day

Compliance Tip of the Day: Creating, Strengthening, and Maintaining Corporate Culture – Lessons from The Mummy

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

What lessons does Boris Karloff’s The Mummy provide in creating, strengthening, and maintaining corporate culture?

 

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2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 40 – The Celebration of Corporate Compliance Week Edition

What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

Co-hosts Kristy Grant-Hart and Tom Fox tackle high-profile compliance issues in this episode. They start with Boeing’s cultural failures, highlighted by the Wall Street Journal. They question whether Boeing is too big to fail and emphasize the need for a comprehensive monitorship. The topic then shifts to AI, specifically the Consumer Financial Protection Bureau’s warnings about employee surveillance. The hosts discuss the potential cultural problems and lack of respect for workers stemming from AI-driven monitoring tools, advocating for a balanced workplace surveillance approach.

Next, we cover the harrowing story of a Binance compliance officer detained in Nigeria under dubious charges and celebrate the appointment of an ethics and compliance chief at OpenAI. They explore the challenges of managing AI ethics at such a high-profile company. Kristy and Tom also discuss the controversial new UK law aimed at preventing workplace sexual harassment, the work burnout epidemic among Gen Z workers, and the scandalous allegations against Abercrombie’s former CEO for sex trafficking. The episode looks light-heartedly at a Florida man’s bizarre bacon heist.

Stories Include:

  • What went wrong at Boeing. (WSJ)
  • Charges dropped against Tigran Gambaryan in Nigeria. (Wired)
  • Open AI hires first E&C chief. (Bloomberg)
  • Preventing bad behavior at work. (FT)
  • Former A&F CEO arrested for sex trafficking. (WSJ)
  • U.S. Consumer Watchdog Cautions Businesses on Surveillance of Workers (WSJ)
  • AI Assistants are Blabbing Our Work Secrets (Washington Post)
  • Four great ideas for your Compliance and Ethics week (BROADCAT)
  • Why Are So Many Gen-Zers Fit to Quit? (INC.) 
  • Florida man arrested for pulling off $100,000 frozen bacon heist (KYMA) 

Register for the First Annual Compliance Podcast Network Agora Awards for Excellence in Podcasting. Our inaugural winners are Mary Shirley and Lisa Fine for co-founding Great Women in Compliance. The event is Tuesday, November 19, from 12 to 3 PM ET and is free. Registration and Information are here.

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

Prove Your Worth

Tom

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LinkedIn

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Career Can D0

Unlocking Gen Z’s Potential at Work with Linda Perry

In this episode of Career Can Do, Mary Ann Faremouth and mindset coach, Linda Perry, dive into the unique strengths and challenges of Gen Z as they enter today’s workforce. 

Linda, a former attorney turned coach, highlights how Gen Z’s emotional intelligence and adaptability set them apart. However, they face new challenges: shaped by a digital-first world and impacted by remote work, many Gen Z workers lack the in-person mentorship older generations had, often leading to a disconnect in communication and expectations.

Linda emphasizes the importance of leaders bridging this gap by understanding each team member’s motivations and strengths. She encourages leaders to mentor younger employees in finding purpose and confidence, making the workplace more inclusive of Gen Z’s fresh perspectives on balance and well-being. Her approach shows how, by better understanding both ourselves and our teams, leaders can foster a workplace that thrives across generations.

Resources:

Linda Perry on the Web | LinkedIn

Mary Ann Faremouth on the Web I X (Twitter)

Categories
Blog

The Agora Awards for Excellence in Podcasting: How Mary Shirley and Lisa Fine Literally Changed the Compliance World

I am more than beyond thrilled to announce the First Annual Compliance Podcast Network Agora Award for Excellence in Podcasting, a celebration that honors those who have used podcasting to elevate the compliance field, enrich our understanding, and inspire change. Why the moniker of the Agora Award? The Agora was the heartbeat of ancient Greek city-states, serving as a central gathering place for a wide range of civic activities. The Agora was the cultural, political, and social hub where citizens came together to exchange ideas, debate public issues, participate in decision-making, and stay informed about civic matters. In many ways, that is what podcasting has become today, and in the case of Lisa and Mary, they created an entire community of Great Women in Compliance.

The Agora’s significance extended beyond politics and commerce; it was a vibrant cultural center where art, religion, and education flourished. It was a space where people could experience the interconnectedness of every aspect of their lives, from governance and trade to philosophy and worship. The Agora symbolized the Greek ideal of civic engagement and the pursuit of knowledge, laying the foundations for many aspects of Western culture and democratic ideals that continue to influence societies today.

In other words, I cannot think of a better name for the Annual Compliance Podcast Network Award for Excellence in Podcasting. Moreover, I cannot think of any more qualified persons to be awarded this inaugural award than two trailblazers who have changed the world through podcasting: Mary Shirley and Lisa Fine, co-founders of the Great Women in Compliance podcast (GWIC).

Mary and Lisa saw a gap in the compliance podcasting world: a need for a space that celebrated, supported, and connected (great) women in compliance. In a few short years, their podcast has grown into a powerful community that crosses continents and connects professionals across disciplines. By highlighting women’s voices in compliance, they built a platform that is more than a podcast; it is a movement that champions diversity, collaboration, and leadership. They celebrated their story and journey with Great Women in Compliance in their book Sending the Elevator Back Down: What We’ve Learned From Great Women in Compliance.

Their contributions have inspired countless compliance professionals to think bigger, engage deeper, and connect more meaningfully with their work and peers. This year’s Agora Award recognizes the powerful content they have created, the community they have nurtured, and the doors they have opened for voices across the compliance spectrum. Indeed, while Mary has moved on in her compliance career, Great Women in Compliance continues to be as vibrant today, with Hemma Lomax co-hosting with Lisa and Ellen Hunt and Sarah Hadden hosting roundtable podcasts.

Mary Shirley said of the award,

Our aim to advance and empower women in the field of Ethics and Compliance and create a scalable knowledge-sharing opportunity for all was initially just an aspiration.  Receiving this award is a heartwarming acknowledgment that our efforts, those of our esteemed guests, our production team, and supporters, have not been in vain or gone unnoticed.  I believe that when one of our boats rises, all of our boats rise, and I know that the #GWIC team continuing to bring podcasts to the community and sending the elevator back down will continue to lift us all.

Lisa Fine said of the award, 

When Mary and I started the Great Women in Compliance podcast, we wanted to amplify the voices of the extraordinary women in the Ethics & Compliance field, given that so many women had built the profession.  We saw no women-led on the network, and we jumped in. I am so thrilled about what GWIC has become.  The podcast launched a community and book, building many personal and professional relationships.  And I am most proud of how it is constantly evolving, where we now have additions to our podcast team with Hemma Lomax, Ellen Hunt, and Sarah Hadden, and our GWIC emerita, Mary, to continue to uplift women and those who support women in Ethics & Compliance.

I hope that you will plan to join me on Tuesday, November 19, from 12 to 3 ET to celebrate Mary and Lisa and what they create, Great Women in Compliance. I will interview both Mary and Lisa about not only their experiences in creating GWIC but, equally importantly, other members, hosts, and guests from the Compliance Podcast Network.

  • Reflections on the International Growth of Compliance Podcasting

Podcasting has evolved dramatically within the compliance profession, and compliance professionals worldwide have found value in this accessible format. The event will celebrate how podcasting has supported compliance globally, creating a community of listeners and contributors who share a commitment to ethics and integrity. I will honor two of the international podcasters, Ajay Shamdasani (Regulatory Ramblings,  The Reglex Perspective and Heart of the Matter) and Jonathan Armstrong (Everything Compliance, Life with GDPR, Everything Compliance, TechLaw10) on the CPN about their experiences in podcasting from the international perspective. This panel will be from 12-1 ET.

  • From the Beginning to 2024: The Evolution of Compliance Podcasting

The story of compliance podcasting is rich with innovation, perseverance, and passion. Co-hosts and presenters including Mike DeBernardis (The Corruption Files and All Things Investigations), Matt Kelly (Compliance into the Woods and Everything Compliance), Mike Volkov (Corruption Crime and Compliance, Why a Duck? and a founding member of Everything Compliance) and  Karen Woody (Succession-the Final Season, The Woody Report, Classroom Insiders and Everything Compliance) have all been part of this journey, each contributing to a medium that makes compliance accessible, engaging, and impactful. Nick Gallo (FCPA Survival Guide, GalloCast, and The Ethics Experts) will interview these podcasters from 1-2 ET.

Why should you attend, and who should attend?  This event is not simply for compliance professionals; it is for anyone who believes in the power of podcasting to educate, inspire, and connect. If you are interested in the intersection of compliance and media, eager to gain insights from leaders in the field, or passionate about corporate ethics and governance, this celebration is for you. You will walk away inspired by the voices actively shaping the future of compliance and motivated to engage with this evolving medium. Whether you are a seasoned compliance officer, a budding podcaster, or a student of corporate ethics, this is your chance to be part of a historic moment in compliance podcasting.

In honoring the power of compliance podcasting, we acknowledge its unique role in building a dynamic, inclusive, and informed community. The First Annual Compliance Podcast Network Agora Award celebrates excellence, commitment, and vision. Through their dedication and innovation, Mary Shirley and Lisa Fine set a standard that inspires us all. They remind us that podcasting isn’t just about broadcasting; it’s about listening, connecting, and creating a shared space for growth and change.

I hope you can join us. Register now and join us in recognizing the voices that are leading compliance today and paving the way for the future. Let us celebrate the conversations, insights, and leadership-defining compliance podcasting.

Registration and information are here. There is no charge for this event.

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Into the Darkness

Into the Darkness: Unmasking ‘Mare of The Night’: A Sherlock Holmes Reimagined with Filmmaker CJ Goodwyn

Into the Darkness: CJ Goodwyn’s Vision of Sherlock Holmes: Mare of the Night is a deep dive into the creative journey behind an ambitious reimagining of the Sherlock Holmes legacy. This 10-part podcast series will unravel the entire movie production process, offering listeners an insider’s look into the making of Sherlock Holmes Mare of the Night, a film that blends the mystique of classic Sherlock Holmes with a dark, supernatural twist.

Director CJ Goodwyn joins me in episode 2 to discuss the distinctive and melancholy reimagining of Sherlock Holmes, which shows him as a man coping with years of criminal horrors and psychological trauma.

Goodwyn offers a deep dive into his creative process and the symbolism behind the film’s title, inspired by the famous painting ‘The Nightmare.’ He also sheds light on his nuanced portrayal of Inspector Lestrade, transforming him from a bumbling sidekick to a richly developed character with a compelling backstory. The conversation further explores the technical and creative challenges in integrating psychological horror elements into the Sherlock Holmes universe while working with a limited budget, emphasizing the importance of impactful visuals, natural lighting, and authentic set design. Additionally, Goodwyn speaks about the thrilling final stages of production, highlighting the collaboration with composer Antonio on a hauntingly beautiful score and the contributions of core actors like Les Bess. As they gear up for the film’s premiere in San Antonio and subsequent nationwide rollout, Goodwyn shares insights into the excitement and challenges of bringing this controversial and gripping story to life.

Highlights Include:

  • Sherlock Holmes: A Real Person?
  • Lestrade’s Character Development
  • Challenges in Filmmaking
  • Crafting the Story: From Concept to Screenplay
  • Cinematography and Visual Atmosphere
  • Sound and Music: Setting the Tone
  • Collaborating with Actors

Resources:

Sherlock Holmes-Mare of the Night

On Facebook

TriGoodwyn Productions