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All Things Investigations

All Things Investigations: Yi-Chin Ho on HHR’s China Law Practice

Welcome to the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group’s podcast, All Things Investigation.

In this episode, Tom Fox is joined by Yi-Chin Ho, who is the head of the firm’s China Practice.

Yi-Chin Ho is a seasoned legal professional and co-chair of the China Practice at Hughes Hubbard Reed, with a strong foundation in cross-border legal practice.

Ho’s perspective on cross-border legal practice, deeply embedded in her varied experiences, is based on her belief in its critical role for business growth and development, even amidst political tensions between nations such as the US and China. She underlines the importance of the symbiotic relationship between countries, emphasizing their mutual dependency on each other’s goods, services, and expertise.

Ho, a trilingual, cross-cultural lawyer, believes in finding creative solutions and providing effective counsel to navigate through challenging situations in cross-border dealings. Her culturally diverse background and proficiency in Mandarin Chinese have been instrumental in bridging gaps and facilitating successful business transactions between different countries.

Key Highlights:

  • Cultural Nuances in Cross-Border Business Engagement
  •  Strategic Advisory for Cross-Border Disputes
  • Discovery Challenges in Cross-Border Investigations in China
  • Growing Preference for Chinese Arbitration Venues
  • Risk Assessment and Negotiation Strategies Guidance

Resources:

Hughes Hubbard & Reed website

Yi-Chin Ho

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Daily Compliance News

Daily Compliance News: April 29, 2024 – The Better Late than Never 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:

  • India to look into bribery allegations against Cognizant Technologies. (Deccan Herald)
  • Net neutrality returns.  (NPR)
  • Ex-McKinsey partner says he was scapegoated. (Reuters)
  • Maximum Leader No. 4 in Vietnam resigns. (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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Adventures in Compliance

The Return of Sherlock Holmes: Ethical Lessons from The Adventure of The Missing Three-Quarter

Welcome to a review of all the Sherlock Holmes stories that are collected in the work, “The Return of Sherlock Holmes.”

It is a collection of thirteen detective stories written by Sir Arthur Conan Doyle, marking the reappearance of the brilliant detective Sherlock Holmes after his apparent death in “The Final Problem.” The collection spans various intriguing cases and mysteries that Holmes and his loyal friend Dr. John Watson tackle.

Today we consider some compliance lessons and investigative insights from The Adventure of the Missing Three-Quarter.

In an engaging twist on corporate compliance, the Adventures in Compliance podcast, hosted by Tom Fox, aims to use the beloved detective Sherlock Holmes as a unique lens for analyzing these principles.

This upcoming season will focus on “The Return of Sherlock Holmes,” delving into the detective’s meticulous use of logic, observation, and empirical evidence in solving cases, all while upholding integrity, honesty, and justice.

Fox, drawing from his extensive experience in corporate compliance, emphasizes the ethical parallels between the work of the world’s greatest fictional detective and compliance professionals, highlighting key values such as empathy, truthfulness, confidentiality, and professionalism.

By connecting the principles exemplified by Holmes to those crucial for compliance work, Fox offers an intriguing perspective on the importance of these ethical guidelines in professional roles.

Key Highlights:

  • The Story
  • Empirical Evidence in Holmes’ Investigations
  • Ethical Lessons from Sherlock Holmes Podcast

Resources:

The New Annotated Sherlock Holmes

Sherlock Holmes FAQ

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For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

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FCPA Compliance Report

FCPA Compliance Report: How Boeing Can Make a Cultural Comeback

Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance.

In this special edition of the FCPA Compliance Report, welcome Sam Silverstein. They take a deep dive into how Boeing can begin to overhaul and reform their toxic culture, which led to the 2024 compliance and ethics failures. They discuss the power of the Culture Audit™, which is the sponsor of this podcast.

Sam Silverstein is a seasoned professional with over three decades of experience in corporate culture. Silverstein believes that a strong leadership role is crucial in driving culture change within an organization. His philosophy is that action follows belief, stressing that leaders must genuinely prioritize creating a culture of quality, compliance, and safety for it to truly thrive.

Silverstein maintains that the CEO’s primary role is to protect the organization’s culture, while the COO should ensure operations align with the board and CEO’s strategic plan. His experiences, particularly his insights drawn from Boeing’s situations, have shaped his belief that prioritizing culture over short-term profits, along with a culture audit and specific implementation plan, can help address systemic issues and foster a high-performance workplace culture. 

Topics Covered in This Episode:

  • Transition from Safety to Profit Culture at Boeing
  • Measuring Organizational Culture through Employee Engagement
  • Creating Accountable Leaders for Organizational Culture Transformation
  • Cultivating Sustainable High-Performance Organizational Culture
  • Cultivating Employee Trust Through Genuine Leadership Efforts
  • Rewarding Ethical Behavior for Organizational Integrity
  • Data-Driven Organizational Culture Enhancement Process
  • Recognition and Amplification through Personalized Engagement

Resources:

Sam Silverstein

Sam Silverstein on LinkedIn

Sam Silverstein

The Culture Audit™

Tom Fox

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

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Sunday Book Review

Sunday Book Review: April 28, 2024 Books on Trust Edition

In the Sunday Book Review, Tom Fox considers 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 some of the top books on compliance you should read in 2024.

  • The Book of Trust by Yoram Solomon
  • Building Trust by Josh McQueen
  • Digital Body Language by Erica Dhawan
  • The Four Factors of Trust by Ashley Reichheld & Amelia Dunlop

Resource:

18 Must-Read Books on Building Trust for Your Business and Brand

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

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending April 27, 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 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.

  • A former SNC Lavalin exec sentenced to 3 years on corruption charges. (Financial Post)
  • Trade sanctions in PdVSA-related case. (WSJ)
  • McKinsey is under criminal investigation for opioid work. (NYT)
  • A Deputy Russian Defense Minister was arrested on corruption charges. (CNN)
  • South Africa ups pressure on the UAE to extradite Guptas.  (Bloomberg)
  • DOJ wants a 3-year prison term for the former Binance CEO.  (Bloomberg)
  • SFO to review cases after software problems. (FT)
  • FTC bans non-competes.  (FTC Press Release)
  • Real-Estate Agents, Investment Advisers Chafe at the New Anti-Money-Laundering Rules. (WSJ)
  • Boeing families want criminal charges filed. (France24)

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.

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Creativity and Compliance

Creativity and Compliance: Global Engagement Strategies

Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection all require 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 it 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 global engagement strategies for a multi-national corporation.

Global engagement strategies encompass a broad and evolving discipline that requires innovative and adaptive mechanisms to effectively connect with a diverse, multinational workforce. Tom highlights the limitations of a “one size fits all” approach and the importance of incorporating engaging elements such as humor and entertainment in global engagement strategies. His perspective is shaped by the belief that it is more effective to tailor content to specific audiences, thus cultivating a library of diverse and engaging content.

Ronnie emphasizes the significance of employing a variety of creative and entertaining approaches, including humor, animation, music, and interactive elements. His experiences underline the notion that traditional methods may not always be the most effective and that leveraging different tools, even if it involves taking risks, can lead to a greater understanding and engagement in a global context.

Key Highlights:

  • Creative Engagement Techniques for Global Workforce
  •  Global Resonance: Music in Communication Strategies
  • AI-Enabled Multilingual Content Transformation
  • AI Subtitling: Cost-Efficient Global Content Localization

Resources:

Ronnie

Tom

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Facebook

YouTube

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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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Daily Compliance News

Daily Compliance News: April 26, 2024 – The In Sanctions Enforcement Increase 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:

  • Foreign Aid Package Raises Companies’ Sanctions Risks (WSJ)
  • A former SNC Lavalin exec sentenced to 3 years on corruption charges. (Financial Post)
  • McKinsey is under criminal investigation for opioid work. (NYT)
  • South Africa puts pressure on the UAE to extradite Gupta.  (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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The Woody Report

The Woody Report: The Panuwat Trial and Verdict

Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white-collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast.

In this episode, Tom and Karen explore Matthew Panuwat’s trial and verdict over claims of Shadow Insider Trading.

The intriguing case of insider trading involving Matthew Panuwat at Medivation and Insight is a stark reminder of the intricate nature of insider trading laws, emphasizing the challenging task of distinguishing between legal and illegal trading practices and defining material non-public information. The case highlights the need for precise, stringent controls to prevent such infractions, highlighting the critical role of insider trading policies. While there may be difficulty in determining the materiality and non-public nature of information in insider trading cases, such an approach must now be utilized.

Karen Woody underscores the necessity for tighter controls and clearer policies surrounding insider trading. She sheds light on the importance of considering factors such as peer companies and economic links when determining insider trading liability. Moreover, she accentuates the significance of jury instructions alongside the nuances in defining fiduciary duty and materiality in insider trading cases. She acknowledges the intricacies of insider trading and the challenges in ensuring a level playing field in the financial markets.

Key Highlights:

  • Materiality Dispute in Panuwat Insider Trading
  • Proactive Monitoring for Insider Trading Compliance
  • Professional Ethics in Insider Trading Scenarios
  • Unfair Advantage Through Confidential Information Trading

 Resources:

Karen Woody on LinkedIn

Karen Woody at Washington & Lee, School of Law

Tom Fox

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2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 27 – The Too Nice Edition

What happens when two top compliance commentators get together? They talk about 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!

In this episode, we discuss how far the US should push Europe when it comes to banning goods produced with forced labor, whether Canadians are just too darn nice when it comes to bribery, the Supreme Court’s review of when cash given to a US politician crosses from a thank-you gift to a bribe, and a Florida man’s notice to arresting officers that he’d be drinking his beer before being arrested because it’s cold.

The issue of forced labor, particularly in China, and its resultant goods has triggered a significant discourse between the US and Europe, highlighting the intricate connection between international trade and human rights. Tom argues for Europe to adopt stringent measures against forced labor like the US and credits his stand to his profound understanding of the extensive impact such a practice has on modern society. He advocates for a broad ban on goods linked to forced labor and is enthusiastic about the potential of a joint EU, US, and UK task force addressing the issue.

Kristy, with her focused view on the contrasting approaches of the US and Europe, agrees with the necessity of a robust response. She acknowledges the US’s advanced position in tackling forced labor challenges, appreciates the EU’s efforts to enact a similar ban, and supports the idea of a joint task force. She underlines the importance of preventing goods made from forced labor from entering the US via Europe.

 Highlights Include:

  • The fight against climate change reporting. (Harvard Law School Forum on Corporate Governance)
  • Are Canadians too nice to fight ABC? (GAB)
  • What is the opposite of right for compliance? (COI Blog)
  • Between a rock and a hard place. (China Law Blog)
  • Are you shadow trading? (NYU Corporate and Enforcement Blog)
  • Europe Should Be Pushed to Take On Chinese Forced Labor, U.S. Lawmakers Say (WSJ)
  • Corruption or Just Politics? Supreme Court Weighs New Bribery Case as More Clashes Are Brewing (WSJ)
  • The Department of Justice Unveils Groundbreaking Pilot Program: Incentivizing Whistleblowers with Immunity (JDSUPRA)
  • From Gen Z to boomers: How to give critical feedback at work (Washington Post)
  • Florida man pops open beer during police encounter because it was ‘cold’ and he wanted to drink it (FOX 35 Orlando) 

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

Tom

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LinkedIn