Categories
Compliance Tip of the Day

Compliance Tip of the Day: Data – Driven Compliance and ESG

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 consider how, through leveraging data analytics, companies can identify and address ESG risks and opportunities more effectively.

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

Categories
Creativity and Compliance

Creativity and Compliance: Using Ethics Ambassadors

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection—they all take creativity.

Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the award-winning Compliance Podcast Network.

Ronnie’s company, Learnings and Entertainment, utilizes the entertainment devices that people use to consume information in their everyday, non-work lives and applies them to important topics around compliance and ethics. It is not only about being funny. It is about changing the tone of your compliance communications and messaging to make your compliance program, policies, and resources more accessible.

Today Ronnie and Tom consider the use of Ethics Ambassadors in compliance programs. Influence in compliance plays a pivotal role in cultivating an organization’s ethical culture and is being increasingly recognized as a crucial aspect of compliance programs.

Tom sees this influence proliferating using Ethics Ambassadors within an organization. In his view, these individuals, armed with additional training and resources, can effectively disseminate the message of compliance, thereby enhancing both the compliance function and overall understanding within the organization.

Similarly, Ronnie, a proponent of creative compliance training, stresses the significance of these compliance champions in enhancing influence within a company. Feldman suggests employing engaging and entertaining means, such as videos or interactive sessions, to communicate compliance messages, thereby increasing employee engagement and the overall impact of the compliance efforts. Through their experiences and perspectives, both Fox and Feldman highlight the potential of leveraging influence to foster a more ethical and compliant organizational culture.

 

Key Highlights:

  • Compliance Leader through International Employee Engagement
  • Ethical Ambassadors Enhancing Compliance Engagement
  • Safety Training Cascading from CEO Level
  • Ethical Influence: Empowering Employees for Compliance

Resources:

Ronnie

  • Learnings & Entertainments (Website)
  • Compliance Confessions – inspired by “Mean Tweets” these 90-second commercials address misconceptions and excuses to promote speak up culture and the E&C team as positive and helpful.
  • E&C Training Jams – a soulful singer banters with ethics & compliance explaining policies, sharing examples and debunking excuses. 
  • Tales from the Hotline – Real speak up-themed stories about workplace behavior gone wrong.
  • Workplace Tonight Show! – E&C meets SNL Weekend Update explaining corporate risk topics and why employees should care.
  • 60-Second Communication & Awareness Shorts – A variety of short, customizable, music and multimedia, quick-hitter “commercials” promoting integrity, compliance, speaking up and the E&C team as helpful advisors and coaches.
  • Custom Live & Digital Programing – Custom creative programming that balances the seriousness of the subject matter with a more engaging delivery. After all, you can’t bore people into learning.

Tom

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.

Categories
Daily Compliance News

Daily Compliance News: May 17, 2024 – The Reviewing LIBOR Prosecutions 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:

  • The SFO is reviewing LIBOR prosecutions.  (FT)
  • Meta faces an EU probe over child abuse protections. (WSJ)
  • FIFA rolls back ABC reforms. (NYT)
  • A German lawmaker was investigated for corruption. (Bloomberg)

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

Categories
TechLaw10

TechLaw10: Eric Sinrod & Jonathan Armstrong on the Technology Law aspects of AI

In this edition of TechLaw10, Jonathan Armstrong, Director—L-EV8, talks to Professor/Attorney Eric Sinrod from his home in California. They look at the technology law aspects of AI.

Jonathan talks about:

  • The conflicts between AI and GDPR.
  • The investigation and regulatory action against Clearview AI.
  • Italian DPA’s activity against the use of AI with food delivery apps.

Eric looks at:

  • The impact of US privacy law.
  • Issues presented by AI with
    – contracts
    – torts – who should bear liability when something goes wrong?
    – discrimination & bias

Discover L-EV8 as a new training business with Jonathan Armstrong

You can listen to earlier TechLaw10 audio podcasts with Eric and Jonathan at www.techlaw10.com.

You can find out more about Eric here at  Duane Morris LLP and more about Jonathan here at L-EV8 

Connect with the Compliance Podcast Network at:

LinkedIn: https://www.linkedin.com/company/compliance-podcast-network/

Facebook: https://www.facebook.com/compliancepodcastnetwork/

YouTube: https://www.youtube.com/@CompliancePodcastNetwork

Twitter: https://twitter.com/tfoxlaw

Instagram: https://www.instagram.com/voiceofcompliance/

Website: https://compliancepodcastnetwork.net/

Categories
Compliance and AI

Compliance and AI: Karen Moore on The American Privacy Rights Act and AI

What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These are but three of the many questions we will explore in this exciting new podcast series, Compliance and AI. Hosted by Tom Fox, the award-winning Voice of Compliance, this podcast, Karen Moore joins me to discuss the proposed American Privacy Rights Act (APRA) and its intersection with artificial intelligence.

Moore has expressed cautious optimism towards the act, paying particular attention to how the Act impacts artificial intelligence and automated decision-making processes. Drawing on the act’s provisions, Moore emphasizes the importance of the preemption clause, which indicates a shift towards federal regulations superseding state laws. She also underscores the potential challenges and complexities that lie ahead for companies, especially large data holders or high-impact social media companies, in adhering to the APRA’s requirements, such as conducting design evaluations, transparency obligations, and data minimization. This perspective is shaped by her extensive background in the field and her intricate understanding of the Act’s impact on data processing and AI algorithms.

Key Highlights:

  • Introduction to the American Privacy Rights Act Discussion
  • Exploring the Preemption Clause and AI Implications
  • Automated Decision-Making and Its Complexities
  • The Impact on High-Impact Social Media and Large Data Holders
  • Data Minimization Requirements and AI Challenges

Resources:

Karen Moore on LinkedIn

Tom Fox

Instagram

Facebook

YouTube

Twitter

LinkedIn

Categories
Compliance Tip of the Day

Compliance Tip of the Day: Data – Driven Solutions for Fraud Risk

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 discuss how the use of AI and machine learning has revolutionized data analysis and investigation in fraud risk prevention.

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

Categories
Daily Compliance News

Daily Compliance News: May 16, 2024 – The Violated The DPA 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:

  • The DOJ says Boeing violated its DPA.  (Reuters)
  • Sanctions were levied on oil trading firms and Russia. (WSJ)
  • FDIC head goes to Congress. It’s not pretty.   (NYT)
  • Opening statement in the Senator Menendez trial.  (Bloomberg)

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

Categories
Career Can D0

Courage, Change, and Career Shifts with Dr. Sharon Hull

Are you looking to make more intentional changes in your professional life?

Dr. Sharon Hull, founder of Metta Solutions, believes it takes courage and change to create a ‘bespoke career.’ As the creator of the Bespoke Life Network, an online community dedicated to helping individuals create custom-fit careers and intentional lives, Sharon encourages others to step off the traditional career path and make decisions grounded in what truly matters to them.

The COVID-19 pandemic brought significant changes to the work environment. It forced a reset in how we view work: prioritizing humans over productivity. The pandemic prompted individuals to reassess their career paths and priorities, leading to a greater focus on intentional and meaningful approaches to work and life. Employers and employees alike had to adapt to the constantly changing world, with a shift towards understanding the human aspect of work and the need for courage to make intentional changes. It was a catalyst for individuals to seek alignment between their personal values and their professional endeavors, ultimately reshaping the way we approach work in the new world.

Generational perspectives in the workplace play a significant role in shaping the dynamics and culture of organizations. Each generation brings unique values, work styles, and expectations to the table. While it’s easy to label different generations, at our core, we are all human beings seeking respect, understanding, and fulfillment in our work. By embracing our differences, we can create a more inclusive and collaborative environment that leverages the strengths of each generation, so that we can foster a workplace culture that values diversity in perspectives.

Creating meaning and purpose in life is a dynamic and ongoing commitment that can lead to a fulfilling and successful journey. We must be intentional about aligning our actions with what truly matters to us, both personally and professionally. It’s a new work world, sometimes scary, but if we focus on what brings us fulfillment and joy, we can navigate with clarity and purpose. Just as Sharon emphasizes in her work, when organizations prioritize understanding how humans make meaning and purpose out of their lives, they are better positioned for success in the ever-evolving landscape of work.

Resources:

Dr. Sharon Hull | LinkedIn | Website

Faremouth.com

Categories
Compliance Tip of the Day

Compliance Tip of the Day: Building an Effective Data Analytics Program

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 consider how data-analytics programs leverage the power of data to identify risks, monitor activities, and detect potential compliance violations.

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

Categories
Daily Compliance News

Daily Compliance News: May 15, 2024 – The PCAOB 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:

  • PCAOB adopts tighter rules on auditor quality.   (WSJ)
  • Did DOJ steal Unaoil prosecution from SFO.  (Economist)
  • Is the NLRB unconstitutional?  (Reuters)
  • The US needs more accountants. (FT)

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