Author: admin

Categories
Because That's What Heroes Do

Picard-Season 2, Episodes 7- 8

In this podcast series, two complete MCU fans, Tom Fox, founder of the Compliance Podcast Network, and Megan Dougherty, co-founder of One Stone Creative, indulge in a passion for all things in the Marvel Cinematic Universe by re-watching each movie and then podcasting on every movie in the MCU. However, we will go in a different direction over the next three episodes and review Picard Season 2. In this podcast, we take up episodes 7-8.

Key Highlights

Episode 7-Synopsis [1:16]

Episode 7-Commentary [2:37]

Episode 8-Synopsis [8:13]

Episode 8-Commentary [9:33]

Next time, we will conclude our deep dive into Picard Season 2 by looking at episodes 9-10.

Categories
Sunday Book Review

March 19, 2023 – The Russian Oligarch Edition

In the Sunday Book Review, I consider books that interest the compliance professional, the business executive, or anyone 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 consider some of the top recently released by Russian oligarchs:

Categories
Because That's What Heroes Do

Picard-Season 2, Episodes 5-6

In this podcast series, two complete MCU fans, Tom Fox, founder of the Compliance Podcast Network, and Megan Dougherty, co-founder of One Stone Creative, indulge in a passion for all things in the Marvel Cinematic Universe by re-watching each movie and then podcasting on every movie in the MCU. However, we will go in a different direction over the next three episodes and review Picard Season 2. In this podcast, we take up episodes 5-6.

Key Highlights

Episode 5-Synopsis [1:16]

Episode 5-Commentary [2:41]

Episode 6-Synopsis [15:54]

Episode 6-Commentary [17:14]

Next time, we will continue our deep dive into Picard Season 2 by looking at episodes 7-8.

Categories
Kerrville Weekly News Roundup

Kerrville Weekly News Roundup: March 18, 2023

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. The Kerrville Weekly News Roundup offers an informative and entertaining look at the news in the Texas Hill Country. Head over to Texas Hill Country Podcast Network and join Andrew Gay and Tom Fox as they round up the week’s news, discuss current events, and make sure you don’t miss out on any of exciting news at Kerrville.

Gilbert is on Spring Break this week so Tom and Andrew reporting their top stories to you. Some of the following stories which caught their attention over the past week.

·      The Tragic Aftermath of a House Fire in Kerrville

·      The Museum of Western Art in Kerrville, Texas

·      Peterson Hospital System honored

·      Celebrating Saint Patrick’s Day During March Madness​

Resources

Tom Fox on LinkedIn

Gilbert Paiz on LinkedIn

Andrew Gay on LinkedIn

Texas Hill Country Podcast Network

Categories
Daily Compliance News

March 18, 2023 – The Corrupt Client 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.

Stories we are following in today’s edition of Daily Compliance News:

  • My client is the speaker. (Law360)
  • The US sanctions the former Bosnia Intelligence Chief for corruption. (Balkan Insights)
  • Lessons from the Householder conviction. (Cincinnati Enquirer)
  • Jes Staley to be deposed over Epstein connections. (Reuters)
Categories
31 Days to More Effective Compliance Programs

One Month to More Effective Compliance for Business Ventures – Tying it all Together for Joint Ventures

I want to emphasize again the risks JVs pose under the FCPA. Mike Volkov has stated, “A joint venture requires the integration of disparate company cultures. It can be successful and is usually one of the significant reason for the joint venture itself.” Both parties should assess each other and decide that the JV is a good fit, meaning that each side will benefit. Too much time is spent on looking at the JV partner’s compliance toolbox (i.e., policies, procedures, and controls), and not enough time is spent on identifying compliance strengths and weaknesses. You must bring it all together with one format.

Indeed the 2020 Update to the Evaluation of Corporate Compliance Programs posed the following questions under the category, “Process Connecting Due Diligence to Implementation” What has been the company’s process for tracking and remediating misconduct or misconduct risks identified during the due diligence process? What has been the company’s process for implementing compliance policies and procedures, and conducting post- acquisition audits, at newly acquired entities? Remember a “newly acquired entity” can be a joint venture.
Three key takeaways: 

  1. It all starts with a Relationship Manager.
  2. Have company oversight of all JVs. Couple this with a COC for a second set of eyes.
  3. Audit, monitor, and remediate (as appropriate) your JVs on an ongoing basis.
Categories
The Night Sky

Leslie Jones on the Local Impact of the Eclipses on the People of Kerrville and Kerr County

Welcome to The Night Sky: A Podcast on the Eclipses Comes to Kerrville a podcast which celebrates that for two days over the next 18 months, Kerrville, TX will be the Eclipse Capitol of the World. This podcast, hosted by Andrew Gay and Tom Fox will celebrate these two eclipses and discuss how the town of Kerrville will prepare for an influx of a quarter million (or more) visitors. This podcast is produced by the Texas Hill Country Podcast Network.

This episode, featuring guest Leslie Jones, is an especially exciting one. Jones provides fascinating insight into the coming total solar eclipse that will be visible in Kerrville, Texas. She explains how the city is planning to serve as a hub of information, while the eclipse itself will pass between Goat Creek Road and the city. This is an event that only happens once in a lifetime and one that should be marked on everyone’s calendar. During the podcast, Leslie provides some advice on what to do in preparation and encourages listeners to let him know if they decide to view the eclipse. The podcast also mentions that the Kerrville Independent School District will be calling school on the date of the eclipse, April 8th, so parents should be prepared to have their children out of school.

Key Highlights Include

·       Visiting Kerrville for the 2023 Total Solar Eclipse [01:47]

·       The Total Eclipse in Texas: A Once-in-a-Lifetime Event [05:37]

·       The Role of Kerrville in Future Planning [09:04]

·       Preparing for KIC’s School out on April 8th [12:47]

·       Planning a Private Event in Your Community [16:24]

Notable Quotes

1.     “An annular eclipse happens when the moon covers the sun’s center leaving the sun’s visible outer edges to form a ring of fire and or an analyst around the moon.”

2.     “The total solar eclipse that we are going to have in April of 2024 you have to have your glasses on leading up to totality. During totality, you don’t you can take them off to experience and then obviously when totality ends, and it starts leaving, you’ll need to put those glasses back on. Because again, you’re staring at the sun. So that’s bad. It’s bad for your eyeballs.”

3.     “This is literally a once in a lifetime event for us here in Texas.”

4.     I know. It’s pretty exciting. Wow.”

Resources

Leslie Jones on LinkedIn

Andrew Gay on LinkedIn

Tom Fox on LinkedIn

Categories
Daily Compliance News

March 17, 2023 – The SVB Fallout 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.

Stories we are following in today’s edition of Daily Compliance News:

·       Vendor risks after SVB collapse.  (WSJ)

·       CFOs evaluate cash strategies after SVB failure.  (WSJ)

·       SVB Failure: Arrogance, incompetence, or both? (Bloomberg)

·       SEC’s role in protecting from financial collapses. (Reuters)

Categories
31 Days to More Effective Compliance Programs

One Month to More Effective Compliance for Business Ventures – Post Acquisition Integration

Your company has just made its largest acquisition ever and your CEO says that he wants you to have a compliance post-acquisition integration plan on his desk in one week. Where do you begin? Of course, you think about the 2020 FCPA Resource Guide, 2nd edition but you also remember that the established time frames in the enforcement actions involving Johnson & Johnson (J&J), Pfizer Inc. and DS&S and the Halliburton Opinion Release.

While there are time frames listed in these DPAs, they are a guide of timeframes, not a ‘how to’ guide and many compliance professionals struggle with how to perform these post-acquisition compliance integrations. The 2020 Update to the Evaluation of Corporate Compliance Programs asked the following questions, What has been the company’s process for tracking and remediating misconduct or misconduct risks identified during the due diligence process? What has been the company’s process for implementing compliance policies and procedures, and conducting post- acquisition audits, at newly acquired entities?

Whatever compendium of steps you utilize for post-acquisition integration, they should be taken as soon as practicable.

Three key takeaways: 

  1. Planning is critical in the post-acquisition phase.
  2. Build upon what you learned in pre-acquisition due diligence.
  3. You need to be ready to hit the ground running when a transaction closes.
Categories
Presidential Leadership Lessons for the Business Executive

Leadership Lessons from the Presidents of the Republic of Texas: Sam Houston – First Term

Presidential Leadership Lessons is a podcast hosted by Tom Fox. This begins a four-part series on leadership lessons not from US Presidents but from Presidents from the Republic of Texas from 1836 to 1845. In this series, Tom is joined by Don Frazier, head of the Texas Center at Schreiner University in Kerrville, TX, to discuss the four Presidents in which Texas was its own country. In this second episode, Tom and Don discuss Sam Houston, the second President of the Republic of Texas. His first term was from October 1836 to December 1838. Join Tom Fox and Don Frazier and listen to the incredible stories of the first term of Sam Houston as President of the Republic of Texas.

Get ready to be amazed as Tom and Don dive into the life of Sam Houston, President of the Republic of Texas. Learn how passionately Sam Houston desired the annexation of Texas and how he strived to create a peace treaty with Mexico and form an entire state government. Discover how he was friendly with the Comanche and Cherokee, even having a very open attitude towards them. Let Don and Tom guide you through the impressive steps Houston took to make Texas an attractive annex target and how he masterfully put a cap on spending with limited resources. Tune in to this episode and start learning today!

Key Highlights

  • The Impact of Sam Houston on the Expansion of the United States [04:15]
  • How the President of the Republic of Texas Impacted History
  • The Relationship of Sam Houston and Native American Tribes. [08:08]
  • The success of the Republic of Texas Under Sam Houston’s Leadership.[12:15]

Notable Quotes:

  1. “When he came to Texas, I’m pretty sure he was in direct conversation with Andrew Jackson and other members of the Jackson Circle. I see him as almost an agent provocateur. When it came to getting away from Mexico and into the United States.”
  2. “He actually sent Anton Jones, the minister to the United States, to withdraw any sort of request to stop the importation of slaves to curry favor with the United Kingdom.”
  3. “It’s the old age great track. You know what? I’ll fly with your best friend if I can’t get your attention. Or your worst enemy.”
  4. “I think he did everything possible to set the Republic of Texas up. To be a very attractive annexation target. I think he did it masterfully.”

Resources:

Don Frazier, Director of The Texas Center

The Texas Center at Schreiner University