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Everything Compliance - Shout Outs and Rants

Everything Compliance: Shout Outs and Rants – Episode 132, Tribute To Gene Marks

Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows. In this episode, we have a quartet of commentators: Jonathan Marks, Matt Kelly, Jay Rosen, and Special Guest Karen Moore, all hosted by Tom Fox.

1. Matt Kelly shouts out to World Central Kitchen and their continued efforts to feed those in need.

2. Special Guest Karen Moore shouts out to the Austrian government for providing citizenship to descendants of Nazi persecution by means of a declaration without having to give up their current citizenship or nationality in return.

3. Jonathan Marks shouts out to his father, Gene Marks for a full life well lived.

4. Jay Rosen shouts out to Lou Gossett, Jr. for his Oscar winning role in An Officer and a Gentleman.

5. Host Tom shouts out to Houston Astros pitcher Ronel Blanco, who threw a no-hitter in his 8th professional appearance at the age of 30.

The members of the Everything Compliance are:

• Jay Rosen– Jay can be reached at Jay.r.rosen@gmail.com

• Karen Woody – Is one of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu

• Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com

• Jonathan Armstrong – is our UK colleague and an experienced data privacy/data protection lawyer in London. He can be reached at windyridgehouse@gmail.com.

• Jonathan Marks can be reached at jtmarks@gmail.com.

• Guest Karen Moore can be reached at Kmoore51@fordham.edu

The host, producer, and ranter (and sometimes panelist) of Everything Compliance is Tom Fox, the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.

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Innovation in Compliance

Innovation in Compliance: Susan K. Younger – Relationship Architect

Innovation comes in many forms, and compliance professionals need to not only be ready for it but also embrace it.

Today, Tom Fox visited Susan K. Younger, a self-styled ‘relationship architect. Find out how her strategies will help you to drive your corporate culture.

Susan K. Younger, an expert with a diverse background in architecture and massage therapy, has carved a unique path in her career by integrating practices from both fields. She views transformative leadership as a dynamic process to adapt and evolve in accordance with changing times. Her perspective is influenced by her unique professional journey, from retail architecture to a holistic approach to body structures and environmental spaces.

Susan believes in the importance of openness to new ideas and perspectives, considering different viewpoints, and willingness to modify processes for better outcomes. For her, the essence of transformative leadership lies in staying curious and receptive, thereby driving positive change within organizations.

Key Highlights:

  • What is a relationship architect?
  • Interpersonal Structure Builder
  • Cultural Values in Multinational Transformative Leadership
  • Proactive Contributors Fostering Positive Work Culture
  • Understanding Value Perspectives for Compliance Engagement
  • Enhancing Workplace Collaboration Through Generational Values

Resources:

Susan K. Younger on LinkedIn 

Susan K. Younger website

Tom Fox

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Daily Compliance News

Daily Compliance News: April 9, 2024 – The 3 Body Problem 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:

  • Chinese object to the Netflix version of 3 Bodies. (NYT)
  • South Africa risks staying on the dirty money list. (Bloomberg)
  • There is more corruption in Kenya. (VoA)
  • Was Wirecard a Russian spy operation?  (FT)

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 8, 2024 – The Eclipse 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 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.

  • EY is still under fire for Wirecard imbroglio.  (FT)
  • The former Cognizant executive’s trial moved yet again. (Law360)
  • Huawei’s trial moved yet again. (WSJ)
  • US to crack down on the UFLPA loophole. (WSJ)

Click here: https://pages.ethico.com/cpn for more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance.

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/

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Riskology

Riskology by Infortal Episode 22: China Escape Plan: De-Risking Explained

Welcome to another episode of Riskology by Infortal™!

In this episode, your hosts, Dr. Ian Oxnevad and Christopher Mason, discuss “de-risking” from China. They unveil the cascading effects of China’s economic slowdown on the global economy and supply chain integrity, a situation that demands scrutiny by American companies. 

Understanding the underpinnings of China’s economic conditions is paramount to assessing your risk exposure. As China wrestles with economic deceleration, corporations face expanding risks, including new threats to supply chain stability. This impacts key industries and manufacturers in the US, including the tech sector and healthcare suppliers.

Navigating this risk landscape calls for robust resilience measures coupled with an enhanced understanding of the global risk landscape. As history reminds us, economic entanglement may not provide a safe harbor from geopolitical unrest.

In response to these complex geopolitical tensions, corporations increasingly seek new strategies to mitigate risks and ensure company resiliency. This includes diverse approaches, from strategic realignment exemplified by Apple’s shift of some iPhone manufacturing to India to developing contingency plans ready to be deployed as needed.

In this episode, we discuss how companies can methodically develop a strategy to ensure long-term supply chain stability.  

We hope you join us for Episode 22 – China Escape Plan: De-Risking Explained.

Resources:

Infortal Worldwide

Email

Dr. Ian Oxnevad on LinkedIn

Chris Mason on LinkedIn

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Corruption, Crime and Compliance

DOJ Adopts New Whistleblower Bounty Program and Encourages Voluntary Self-Disclosure

In a recent speech on March 7, 2024, Deputy Attorney General Monaco announced that, in the next 90 days, DOJ would implement a new whistleblower program to reward reporting of criminal misconduct at public and private companies.

In particular, DOJ will encourage reporting of potential violations of the Foreign Corrupt Practices Act (“FCPA”) and the recently enacted Foreign Extortion Prevention Act (“FEPA”).

AAG Monaco noted that DOJ will be particularly interested in “foreign corruption cases” involving “non-issuers and violations of the recently enacted FEPA,” along with criminal abuses of the United States financial system and domestic corruption cases.

DAG Monaco also reiterated the importance of voluntary self-disclosures. DOJ employs a “mix of carrots and sticks” to incentivize companies to build stronger compliance programs that proactively mitigate risks and disclose misconduct to DOJ when appropriate. DAG Monaco underscored the fact that a corporate resolution “will always be more favorable with voluntary self-disclosure.”

In this episode, Michael Volkov discusses DOJ’s new initiatives on whistleblowing and encouraging voluntary self-disclosures.

  • DOJ’s planned whistleblower program will significantly impact individual incentives to report financial misconduct and corporate decisions regarding voluntary self-disclosures.
  • The program’s focus extends beyond FCPA violations, encompassing other significant financial abuse schemes and potential reporting against non-issuer companies.
  • Global companies are facing unprecedented risks and challenges in today’s economy, leading them to prioritize robust ethics and compliance programs to promote positive corporate citizenship.
  • The SEC whistleblower program has been successful, resulting in serious prosecutions and the derailment of fraudulent schemes. However, only around 10% of reports involve FCPA anti-bribery allegations.
  • The Department of Justice recently announced its plan to create a whistleblower bounty program, which would fill gaps in existing programs and coordinate with voluntary self-disclosure policies.
  • DOJ’s whistleblower program will reward reporting of criminal misconduct at both public and private companies, encouraging reporting of potential violations of the FCPA and the Foreign Extortion Prevention Act.
  • Companies are urged to disclose misconduct to earn valuable benefits, and the DOJ emphasizes the benefits of voluntary self-disclosure and cooperation to mitigate risks and maximize financial performance.

Resources:

Michael Volkov on LinkedIn | Twitter

The Volkov Law Group

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Principled Podcast

Principled Podcast: S11E5 | Insights from Snap: How E&C Programs are Adapting to the Evolving Risk Landscape

With escalating risks becoming more severe and frequent globally, Ethics and Compliance (E&C) initiatives are intensifying their focus on risk mitigation. LRN’s 2024 Ethics & Compliance Program Effectiveness Report, drawing insights from over 1,400 E&C professionals worldwide, underscores this trend. Our research indicates that value-driven programs exhibit superior effectiveness and demonstrate a robust correlation with diminished risks and improved business performance.

Amidst this evolving risk landscape, how are E&C programs adapting? What are the prevailing strategies, and how do they manifest in everyday program operations?

In this episode of the Principled Podcast, host Emily Miner discusses key findings from the North American edition of the 2024 Ethics & Compliance Program Effectiveness Report with Snap’s Global Head of Integrity and Compliance Legal.

Guest: Nicole Diaz

Episode Cover - Nicole Diaz - Season 11 Episode 5 Insights from Snap

Nicole Diaz is a Harvard Law School graduate and integrity-first compliance attorney with over a decade of experience in investigations and civil and criminal litigation.  Her passion is building open cultures that maximize positive social impact and minimize ethical blind spots. She currently serves as Snap Inc.’s Global Head of Integrity & Compliance Legal, where she oversees the company’s Code of Conduct, leads risk management in key areas such as anti-bribery, conflicts of interest, and trade law, runs internal investigations, and works cross-functionally to embed ESG strategy into corporate governance.  Before working at Snap, Nicole worked at Skadden Arps and Willenken and clerked for a US District Court.

Nicole has led legal diversity efforts throughout her career, most recently helping to found the Snap Legal Diversity group and the Los Angeles chapter of the Law in Tech Diversity Collaborative Pipeline Program.  She has also served as an Ambassador for the California Minority Council Program (CMCP) (2017-2020 Term), Chair of the CMCP In-House Counsel Committee, and an active alum of the Leadership Council on Legal Diversity (2016 Fellow).

Host: Emily Miner

Episode_Card_Emily_Miner

Emily Miner is Vice President of Advisory Services at LRN. She advises executive leadership teams on actively shaping and managing their ethical culture through deep quantitative and qualitative understanding and engagement. She emphasizes co-creative, bottom-up, and data-driven approaches to foster ethical behavior and inform program strategy. Emily has led engagements with organizations across various industries, including healthcare, technology, manufacturing, energy, professional services, and education. She co-leads LRN’s flagship research on E&C program effectiveness and is a thought leader in organizational culture, leadership, and E&C program impact. Before LRN, Emily applied her behavioral science expertise in the environmental sustainability sector. She worked with non-profits and municipalities, facilitated earth science research in academia, and contributed to drafting and advancing international climate policy goals. She holds a Master of Public Administration in Environmental Science and Policy from Columbia University and graduated summa cum laude from the University of Florida with a degree in Anthropology.

Get a copy of the North America edition of LRN’s 2024 Ethics & Compliance Program Effectiveness Report.

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/

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Sunday Book Review

Sunday Book Review: April 7, 2024 AI for Business Books 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 some of the top books for the use of AI in business.

  • Trustworthy AI by Beena Ammanthan
  • Generative AI for Business Leaders by I. Almeida
  • The Business Case for AI by Kavita Ganesan
  • Artificial Intelligence Business by Przemek Chojecki

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 6, 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 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.

  • Trafigura pleads guilty. (The Maritime Executive)
  • Ericsson released from DPA.  (WSJ)
  • Autonomy paid whistleblower for wrongful termination.  (Law360) sub-req’d
  • More 1MDB-Swiss bankers are on trial. (Bloomberg)
  • 20 convictions and $1.7bn in penalties.  (Financial Regulation News)
  • The South African Speaker resigns.  (Reuters)
  • The former head of the Spanish football federation was arrested on corruption charges. (ESPN)
  • The SEC says self-reporting is critical. (WSJ)
  • Corruption with JFK taxi dispatchers.  (NYPost)
  • No more late-night messages from your boss—the Right to Disconnect. (WaPo)

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: April 6, 2024 – The Eclipse Comes to Kerrville

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.

In this episode, Tom takes a solo turn to discuss the biggest Story for Kerrville and Kerr County, the 2024 Total Solar Eclipse.

Resources:

Tom Fox on LinkedIn

Gilbert Paiz on LinkedIn

Andrew Gay on LinkedIn

Texas Hill Country Podcast Network

The Lead

Kerrville Daily Times