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Daily Compliance News

Daily Compliance News: June 17, 2024 – The Charges Dropped 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 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.

In today’s edition of Daily Compliance News:

  • Nigeria drops charges against Binance compliance professional.  (WSJ)
  • Will DOJ charge Boeing under DPA? (WSJ)
  • FAA wants systemic change at Boeing. (BBC)
  • What’s the difference between Singapore and Hong Kong? (Bloomberg)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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FCPA Compliance Report

FCPA Compliance Report: Brad Hibbert on Prevalent’s 2024 Third Party Risk Management Report

Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this edition of the FCPA Compliance Report,  Tom Fox takes a deep dive into the Prevalent 2024 Third Party Risk Management Report with Brad Hibbert, the Chief Strategy Officer and COO at Prevalent.

Hibbert drives Prevalent’s product vision and strategy development, which draws from the Third Party Risk Management Report. The Prevalent Report outlines  the complexities of managing third-party vendor relationships, highlighting the various phases involved, such as onboarding, contracting, and offboarding.

It examines the inefficiencies and risks that arise from fragmented processes and technologies handled by different teams. Our conversation explores how these challenges impact risk visibility and resource management, emphasizing the downstream effects on program scalability and decision-making.

Highlights in this Episode:

  • Introduction to Vendor Relationship Phases
  • Challenges in Managing Vendor Relationships
  • Inefficiencies and Risks in Vendor Management
  • Impact on Risk Visibility and Decision Making
  • Pressure on Teams and Resource Implications

Resources:

Brad Hibbert on LinkedIn

Prevalent

Prevalent’s 2024 Third Party Risk Management Report

Tom Fox

Instagram

Facebook

YouTube

Twitter

LinkedIn

 

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Trekking Through Compliance

Trekking Through Compliance – Episode 15 – Compliance Lessons from Shore Leave

In this episode of Trekking Through Compliance, we consider the episode Shore Leave, which aired on December 29, 1966, with a Star Date of 3025.3.

This is one of the most fun and beloved TOS episodes. It begins with the Enterprise discovering  Omicron Delta, which appears to be the ideal location for rest for the Enterprise crew. However, strange things soon start to happen to the landing party. McCoy sees Alice and a white rabbit; Sulu finds an antique Police Special gun; Don Juan and Esteban Rodriguez accost Yeoman Barrels; and Angela sees birds. Kirk cancels shore leave for the rest of the crew but is confronted with practical joker Finigan from Starfleet Academy on the one hand and his former girlfriend Ruth on the other.

Spock reports from the Enterprise that he has detected a sophisticated power field on the planet that is draining the Enterprise’s energy. Spock beams down to help investigate, just as communications with the ship are becoming impossible. After asking Kirk what he was thinking about before encountering Finigan, Spock realizes that the apparitions are being created out of the minds of the landing party. The planet’s caretaker appears with McCoy. The caretaker apologizes for the misunderstandings and offers the services of the amusement park planet to the Enterprise’s weary crew.

Commentary

In this episode of Trekking Through Compliance, host Tom Fox delves into the beloved Star Trek episode ‘Shore Leave.’ The story follows the crew of the Enterprise as they encounter strange phenomena on a seemingly perfect shore leave planet, leading to various bizarre and surreal experiences. Fox extracts valuable compliance lessons from the episode, emphasizing the importance of incorporating fun and games into training for better engagement. He also discusses leadership principles such as leading by example, fostering integrity, clear communication, distributed leadership, and adaptability. The episode is a blend of adventure, whimsical elements, and practical insights for compliance professionals aiming to cultivate a culture of trust and ethical behavior in their organizations.

Key Highlights

  • Strange Happenings on the Planet
  • Kirk’s Encounters and Investigations
  • The Planet’s Secrets Revealed
  • Fun Facts and Behind the Scenes
  • Compliance Lessons from Shore Leave

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

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Sunday Book Review

Sunday Book Review: June 16, 2024 Bill Gates Recommendations Edition

In the Sunday Book Review, Tom Fox 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 book recommended by Bill Gates for summer 2024 reading.

  • How to Know a Person by David Brooks
  • Brave New Worlds by Sal Khan
  • The Women by Kristin Hannah
  • Infectious Generosity by Chris Anderson

For more information on Ethico and a free White Paper on ROI for your compliance program, click here.

Resource:

Bill Gates Summer Reading List in Entrepreneur.com

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending June 15, 2024

Welcome to 10 For 10, the podcast that 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 compliance professionals, 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.

  • FTX administrator looking again at Sullivan and Cromwell. (Law.com)
  • Tyson Foods CFO was suspended for drunk driving. (Bloomberg)
  • 5 takeaways from the Menendez trial. (CNN)
  • The FAA says greater oversight is needed over Boeing. (NYT)
  • More Chinese companies have been added to the sanction list for using forced labor. (WSJ)
  • TerraForm settles with the SEC for $4.5bn. (FT)
  • What happens when the Rule of Law dies out? (FT)
  • U.A.W. Monitor Investigates Accusations Against Union Leader (NYT)
  • Beny Steinmetz profile.  (OCCPR)
  • TD Bank is under scrutiny for alleged AML violations. (Bloomberg)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

You can check out the Daily Compliance News for four curated compliance and ethics related stories each day, here.

Connect with Tom:

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Kerrville Weekly News Roundup

Kerrville Weekly News Roundup: June 15, 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 we will enjoy or participate in.

In this episode, Tom takes a solo turn to look at some of the things that caught his attention over the past week.

Stories Include:

  • Kerrville Economic Improvement Commission
  • New executive positions filled at KISD
  • Will KPUB become an energy producer?
  • Nimitz Lake
  • Kerr County Historical Commission wins award
  • Granger McDonald Park funding approved by City
  • Birds of Prey in Kerrville

Resources:

Tom Fox on LinkedIn

Gilbert Paiz on LinkedIn

Andrew Gay on LinkedIn

Texas Hill Country Podcast Network

The Lead

Kerrville Daily Times

Categories
Career Can D0

Empowering Your Best Self through Mindfulness with Dr. Manizeh Mirza-Gruber, MD

And what if you could find peace and resilience in the midst of life’s storms? Dr. Manizeh Mirza-Gruber, MD, a board-certified psychiatrist and mindfulness expert, joins Mary Ann Faremouth on this episode of Career Can Do to share how mindfulness practices can help us navigate challenging times with grace and strength. Dr. Mirza-Gruber, the CEO and founder of Mindful in Practice, brings her expertise in mindfulness meditation, yoga, and mind-body medicine to guide us in finding inner peace and presence. In this enlightening conversation, she delves into the power of mindfulness in reducing stress, enhancing productivity, and fostering personal growth. Join us as we explore practical techniques to ground ourselves and cultivate self-compassion so we can be our best selves in the New Work World.

In the podcast episode, Dr. Mirza-Gruber emphasizes the importance of mindfulness in dealing with stress, especially during challenging times. As defined by Dr. Mirza-Gruber, mindfulness involves paying attention to the present moment without judgment, allowing individuals to connect with their breath and body to shift from a stress response to a relaxation mode. By practicing mindfulness, individuals can ground themselves in the present moment, acknowledging their thoughts and feelings without getting caught up in them, ultimately leading to a sense of calm and clarity amidst uncertainty.

Dr. Mirza-Gruber shares her personal experience during Hurricane Harvey, highlighting how challenging times can serve as opportunities for growth and transformation. Despite the difficulties faced during the natural disaster, Dr. Gruber viewed it as a guide that led her to new paths and opportunities for personal and professional development. Through the lens of mindfulness and gratitude, she navigated adversity and found meaning in the experience, ultimately leading to a deeper sense of purpose and the ability to help others in profound ways.

Self-compassion and inner resilience are vital in facing life’s challenges. Dr. Mirza-Gruber emphasizes the need to be kind and compassionate towards oneself, recognizing that self-care and self-acceptance are essential components of navigating difficult circumstances. By cultivating a sense of inner strength and choosing how to respond to challenges with a positive mindset, individuals can tap into their own light and resilience, allowing them to shine brightly even in the midst of darkness.

The practice of gratitude is highlighted as a powerful tool for reducing symptoms of depression and anxiety. Dr. Mirza-Gruber shares her daily gratitude practice, emphasizing the transformative impact of focusing on things going well in life. By acknowledging and appreciating the blessings and moments of joy, individuals can shift their perspective towards a more positive mindset, fostering resilience and emotional well-being. The act of gratitude serves as a reminder to find light within oneself and in the world, leading to a sense of inner peace and contentment.

Resources:

Manizeh Mirza-Gruber, MD on LinkedIn | Website

Faremouth.com

Categories
Fox on Podcasting

Fox on Podcasting: Chris Templeton on Mastering Business Relationships Through Video

Join Tom Fox as he explores the world of podcasting and get ready to be inspired to start your own podcast.

In this episode, Tom visits Chris Templeton to discuss the power of effective communication and relationship-building in business. Chris shares his journey from a small computer consulting firm in the late 1980’s to founding Influence Spotlights, a company dedicated to enhancing client relationships.

Chris highlights the vital role of video in modern communication, offering practical tips for those new to the medium and emphasizing authenticity. He also explores how video can be leveraged in sales and compliance functions to create meaningful connections and improve overall engagement. Tune in to discover how you can revolutionize your business strategies with innovative communication techniques.

Key Highlights:

  • Chris Templeton’s Professional Journey
  • The Power of Video in Personal Branding
  • Tips for Getting Comfortable on Camera
  • Enhancing the Sales Process with Video
  • Becoming a Thought Leader
  • Applying Video Strategies in Corporate Compliance

Resources:

Chris Templeton on LinkedIn

Influence Spotlights

Tom

Instagram

Facebook

YouTube

Twitter

LinkedIn

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Compliance Tip of the Day

Compliance Tip of the Day: Continuous Monitoring of AI

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.

In today’s episode, we begin a weeklong look at some of the ways Generative AI is changing compliance and risk management. Today we consider some of the key challenges that organizations need to navigate to accomplish continuous monitoring of AI.

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Daily Compliance News

Daily Compliance News: June 14, 2024 – The Headed to Rehab 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 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.

In today’s edition of Daily Compliance News:

  • Tyson Foods CFO was suspended for drunk driving. (Bloomberg)
  • 5 takeaways from the Menendez trial. (CNN)
  • The FAA says greater oversight is needed over Boeing. (NYT)
  • FTX administrator looking again at Sullivan and Cromwell. (Law.com)

For more information on the Ethico ROI Calculator and a free white Paper on the ROI of Compliance, click here.