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Trekking Through Compliance

Trekking Through Compliance – Episode 78 – Pattern Recognition Lessons for Compliance from All Our Yesterdays

In this episode of Trekking Through Compliance, we consider the episode All Our Yesterdays, which aired on March 14, 1969, with Star Date 5943.7

In this episode, Captain Kirk, Spock, and Dr. McCoy visit the planet Sarpeidon, whose sun is about to go supernova. They discover that the planet’s inhabitants have all disappeared, except for a librarian named Mr. Atoz, who oversees a complex time travel system called the Atavachron.

The Atavachron allows the planet’s population to escape into different periods of Sarpeidon’s history, where they can live safely. Mr. Atoz mistakenly believes the Enterprise crew are Sarpeidons looking to travel back in time and urges them to hurry through the portal. Kirk ends up in a medieval era, while Spock and McCoy are transported to an ice age.

In the medieval period, Kirk encounters a woman accused of witchcraft and realizes the danger of being trapped in the past. Meanwhile, Spock and McCoy meet Zarabeth, a woman exiled to the Ice Age. Due to the time period’s influence, Spock begins to revert to the more emotional behavior of his ancient Vulcan ancestors, leading to unexpected romantic feelings for Zarabeth. McCoy tries to convince Spock to return to their own time, reminding him of the mission’s urgency.

Back in the present, Kirk manages to return to the library and locates the portal through which Spock and McCoy traveled. He helps them return to their original time, but not without some emotional turmoil, especially for Spock, who must leave Zarabeth behind.

The crew finally makes it back to the Enterprise just before the star explodes, reflecting on the lives they encountered and the paths they did not take. “All Our Yesterdays explores themes of love, sacrifice, and the allure of escaping into an idealized past, showcasing the emotional depth and complexity of the series’ characters.

Commentary

The story features the Enterprise crew traveling back in time to evacuate a planet before its sun goes supernova, leading to unintended consequences. Tom Fox explores how this episode offers valuable insights for compliance professionals in areas such as data integrity, understanding causality, identifying emerging trends, proactive risk mitigation, and the importance of historical context. By learning these lessons, compliance professionals can enhance their ability to navigate the complexities of data analysis and pattern recognition. The episode also touches upon unique aspects like physiological limitations on time travel and the mental changes experienced by travelers.

Key Highlights

  • Story Synopsis
  • Kirk’s Time Travel Dilemma
  • Spock and McCoy in the Ice Age
  • Fun Facts and Continuity Issues
  • Pattern Recognition Lessons from ‘All Our Yesterdays’

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

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Trekking Through Compliance

Trekking Through Compliance – Episode 77 – Due Diligence Lessons from The Savage Curtain

In this episode of Trekking Through Compliance, we consider the episode The Savage Curtain, which aired on March 7, 1969, with a start date of 5906.4.

While scanning planet Excalbia, Spock detects strange readings that indicate the presence of carbon cycle life forms. The subsequent appearance of Abraham Lincoln on the viewing screen and his transportation to the Enterprise demonstrates that whatever intelligence resides on the planet can read minds and manipulate matter. Shortly before beaming Lincoln aboard, Spock reports sensors showing an object resembling a living rock with claws at the same position.

On board, Lincoln appears to be human with knowledge of technology from the mid-1800s but is strangely also aware of the Vulcan philosophy. When Kirk accepts Lincoln’s invitation for Spock and him to beam down to a patch of Earth-type environment on the planet, they encounter Surak, the father of Vulcan civilization. A piece of rock suddenly becomes animated and informs them that the planet’s inhabitants are experimenting to discover which of the opposing human philosophies is stronger: good or evil. To carry out their experiment, the rock creatures pit Lincoln, Surak, Kirk, and Spock against Genghis Khan, Colonel Green, Zora, and Kahless the Klingon in a battle to the death.

Green appears to parlay with Surak but sends his associates to sneak up on him. They then attempt to trick Kirk’s party into rescuing him when he (apparently) screams out in pain. Lincoln attempts to sneak into Green’s camp, but this action is unexpected. As he discovers that Surak is already dead, Lincoln is speared from behind. Col. Green’s party then attacks Spock and Kirk. Spock kills Col. Green, and the others are forced to flee. The rock creatures discover that evil is defeated when directly confronted by good, and Spock, Kirk, and the Enterprise are released.

Commentary

The plot revolves around the crew of the Enterprise encountering legendary historical figures, such as Abraham Lincoln and Surak, who are pitted against infamous tyrants like Genghis Khan and Colonel Green in an ethical battle orchestrated by rock creatures. The episode delves into the complexities of good versus evil and offers valuable lessons for compliance professionals. Key compliance takeaways include understanding the context of business ventures, identifying hidden risks, prioritizing ethical considerations, and ensuring transparency and accountability throughout the due diligence process.

Key Highlights

  • Key Plot Points and Characters
  • Fun Facts and Continuity Issues
  • Ethical Lessons from ‘The Savage Curtain’
  • Compliance Takeaways

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending August 17, 2024

Welcome to 10 For 10, the podcast that brings you the week’s top 10 compliance stories in one episode each week.

Tom Fox, the Voice of Compliance, presents the stories every compliance professional needs to know as you wrap up your busy week. In just 10 minutes, sit back and catch up on the key compliance stories 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 dose of compliance stories with 10 For 10, a podcast produced by the Compliance Podcast Network.

  • DOJ defends itself from Boeing victims’ families’ objections.  (Law360)
  • Boeing puts work output before employee health and safety. (WSJ)
  • A new CCO salary survey is out. (WSJ)
  • More fines for failure to monitor employee text messaging. (WSJ)
  • Boeing and the cost of culture failure. (NYT)
  • Smartmatic execs accused of FCPA violations in The Philippines. (NYT)
  • SFO files charges against 2 additional Glencore traders. (FT)
  • Ukraine detains Deputy MoE in corruption scandal. (Reuters)
  • French ABC efforts led to the most successful Olympics since 1984. (The Conversation)
  • Mozambique official found guilty in tuna boat corruption case. (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.

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Kerrville Weekly News Roundup

Kerrville Weekly News Roundup: August 17, 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 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:

  • KPUB makes its case
  • Economic report out
  • MOWA earns huge honor
  • Kerr County Commissioner again, battery storage

Resources:

Tom Fox on LinkedIn

Gilbert Paiz on LinkedIn

Andrew Gay on LinkedIn

Texas Hill Country Podcast Network

The Lead

Kerrville Daily Times

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Trekking Through Compliance

Trekking Through Compliance: Episode 76 – Cultural Lessons from The Cloud Minders

In this episode of Trekking Through Compliance, we consider the episode The Cloud Minders, which aired on February 28, 1969, and occurred on Star Date 5818.4

When a botanical plague threatens to destroy all vegetation on Merak II, the Enterprise visits Ardana, the only known source of the xenite mineral needed to halt the plague; despite High Advisor Plasus’s request that they beam to the cloud city Stratos, Captain Kirk, and Spock beam directly down to the xenite mine entrance, where they are lassooed by the xenite miners.

Captain Kirk and Spock are entertained as guests on Stratos until the xenite can be found. Plasus’ daughter Droxine is fascinated with Spock, but the city servant and secret Trogglyte leader Vanna has an interest of a different kind for Captain Kirk: she attempts to take him hostage at the mining implementation point. And his forceful protests prompt Plasus to order their immediate departure from the city.

Back aboard the Enterprise, Captain Kirk learns from McCoy that unprocessed xenite emits an odorless, invisible gas that temporarily diminishes mental ability and heightens emotions. Then Spock realizes that, due to their service aboard Stratos, all disrupter leaders are no longer exposed to xenite emissions. Captain Kirk proposes that the Trogglytes be supplied with xenite masks.

Once the gas’s effect has worn off, Captain Kirk agrees to provide Vanna with masks and help the Trogglytes obtain equality in exchange for the euxenite, despite Plasus’s protests. Captain Kirk and Plasus drop charges against each other, and Captain Kirk and Spock return to the Enterprise with euxenite in hand.

Commentary

This episode revolves around a plague on Merrick II and the quest for Zenite on Ardana. The episode explores the stark societal divide between the cloud-dwelling elite and the troglodyte miners. The narrative highlights valuable lessons for compliance professionals about cultural sensitivity, understanding diverse perspectives, and adapting compliance programs to cultural contexts. Tom Fox emphasizes the importance of these aspects in creating an inclusive and ethical business environment. Additional fun facts, production details, and the importance of promoting cultural awareness are also discussed.

Key Highlights

  • Story Synopsis
  • Fun Facts and Production Insights
  • Cultural Issues in Compliance

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

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Career Can D0

How Effective Onboarding Drives Success with Russel Treat

What if the secret to unlocking your team’s potential lies in how you onboard and align them with your company’s culture?

In this special episode of Career Can Do, host Mary Ann Faremouth takes a unique turn by sharing her recent guest appearance on Russel Treat’s podcast – Pipeline Technology Podcast. Mary Ann reveals how a strategic approach to onboarding and understanding employee motivations can significantly enhance both recruitment success and retention.

Mary Ann highlights the importance of personalized onboarding. While basic training is essential, the real difference comes from tailoring the process to each individual’s needs and goals. A hiring manager’s role extends beyond just integrating a new hire; it involves ensuring they remain engaged, productive, and aligned with the company’s objectives.

She shares an illustrative interview scenario: one candidate’s technical achievements and another’s story of helping a child join a baseball team. For a sales role, the latter’s empathy and team spirit were seen as more valuable, showing that personal traits can outweigh technical skills in certain contexts.

Mary Ann advocates for setting clear 90-day and 180-day objectives for new hires. This approach allows companies to evaluate a new employee’s impact and adjust goals as needed, fostering flexibility and responsiveness to their contributions.

The conversation also touches on the significance of aligning employee goals with personal values. Mary Ann advises hiring managers to understand what drives each employee and ensure their roles reflect these motivations. This alignment can boost job satisfaction and retention.

Finally, Mary Ann emphasizes the critical role of cultural fit. Fitting into a company’s culture can be even more crucial than compensation, impacting overall job satisfaction and long-term success. Addressing cultural mismatches early can prevent dissatisfaction and help both the employee and the organization thrive.

Tune in to discover how refining your onboarding process and understanding cultural fit can transform your hiring practices and drive team success.

Resources:

Meet Russel Treat

Original podcast link

Faremouth

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Daily Compliance News

Daily Compliance News: August 16, 2024 – The All Law360 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:

  • DOJ defends itself from Boeing victims’ families’ objections. (Law360)
  • Missouri anti-ESG rules for financial advisors are illegal. (Law360)
  • How to keep layoffs from going viral. (Law360)
  • Overstock Ex-CEO attorney DQ’d from the case. (Law360)

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 Solar Winds Dismissal

Welcome to The Woody Report, where Washington and 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, Karen and a few colleagues explore dismissal of the SEC Complaint against Solar Winds and its CISO.

Karen delves into a significant SEC case involving SolarWinds, focusing on the company’s cybersecurity practices and the ensuing legal battle. The discussion covers the SEC’s allegations of securities fraud and misleading statements about cybersecurity, particularly surrounding the Orion software platform and the Sunburst cyber-attack. Woody emphasizes the internal controls provision, citing a judicial opinion that narrows its applicability to accounting controls.

The conversation also highlights the lingering personal liability for SolarWinds’ CISO, Timothy Brown, and broader implications for the industry, including accountability and the need for clearer cybersecurity regulations.

Key Highlights:

  • Overview of SolarWinds and SEC Allegations: Internal Controls and Legal Implications
  • Judge’s Ruling and Its Impact
  • Broader Implications for enforcement for data breaches going forward

 Resources:

Karen Woody on LinkedIn

Karen Woody at Washington & Lee, School of Law

Tom Fox

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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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Compliance Tip of the Day

Compliance Tip of the Day: The Clash of Cultures

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 this episode, we consider the role of compliance in the clash of cultures in a company, particularly through a merger.

 

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

To check out The Compliance Handbook, 5th edition, click here.

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Regulatory Ramblings

Regulatory Ramblings: Episode 51 – The EU AI Act: Why it Matters for Asia and Beyond with Michael Borrelli (AI & Partners) and Anandaday Misshra (AMLEGALS)

London-based Michael Charles Borrelli is a Director at AI & Partners – a European professional services firm for entities subject to the EU Artificial Intelligence Act. It is leveraging over a decade of experience in financial services, compliance, and technology to help clients navigate AI’s complex and evolving regulatory landscape. This includes a strong passion for responsible AI and its potential to create a positive social impact while minimizing its risks and challenges.

In addition to his role at AI & Partners, Michael’s responsibilities include serving as an independent director of finance, as a FinTech ambassador, and as an AI 2030 chapter advisor, where he has made contributions to the development and dissemination of knowledge, best practices, and policy recommendations on AI and FinTech. He also holds a Master of Laws degree in Financial Regulation and Compliance, an Oxford FinTech Programme certificate, and a Google Cloud Introduction to Responsible AI certificate, among others. Michael has been a prolific writer and speaker on AI, FinTech, and compliance, having published multiple articles and delivered presentations at various events and platforms.

Anandaday Misshra is the founder and managing partner of AMLEGALS, a law firm with a presence in key Indian hub cities. The firm is multidisciplinary in its approach and specializes in value and strategy in taxation, technology, commercial litigation, and arbitration. With over 27 years of experience as a lawyer and a strategic advisor, Anand works with clients across various sectors and countries.

His particular areas of practice include arbitration, data protection and privacy, contracts, employment law, taxation, and white-collar crime. He also handles litigation in India’s constitutional courts and has rich experience in M&A, joint ventures, due diligence, and cross-border transactions.

Additionally, Anand has authored multiple books and white papers on various legal topics and has been ranked as one of the “Top 100 lawyers to follow” on LinkedIn globally. He was recently bestowed with LinkedIn’s “Top Data Privacy Voice” badge.

He is also a professional The International Association of Privacy Professionals (IAPP) member and a certified Technical Privacy Masterclass holder. Anand is passionate about advancing his knowledge and skills and contributing more broadly to the legal community and society.

Artificial Intelligence, or AI, has been much in the news recently, with apocalyptic headlines about how it will contribute to unemployment or underemployment by eliminating jobs in some industries and, in some cases, bringing about the end of the human race itself.

In that spirit, we look at the EU AI Act, the world’s first comprehensive AI law, which took effect on August 1, 2024.

The legislation has been called ground-breaking. It aims to ensure better conditions for developing and using artificial intelligence, fostering benefits such as improved healthcare, safer transport, more efficient manufacturing, and sustainable energy solutions.

The European Commission’s proposed regulatory framework for controlling AI systems at various risk levels is still in development.

The intricacies of existing and emerging privacy regulations in the European Union and the challenges facing in-house and general counsel will require clarity. Moreover, whether the United States will take inspiration from the EU’s approach and introduce similar regulations shortly is an open question.

In this episode of Regulatory Ramblings, our guests discuss with host Ajay Shamdasani why the EU AI Act matters for the region and the world and why the EU was keen to pass it. Specifically, they discuss the legislation’s impact on compliance officers and in-house/general counsel at the world’s central banking and multinational corporations—and, more to the point, on businesses, organizations, and individuals operating both within the EU and beyond its borders.

A pronounced concern in the Asia-Pacific and elsewhere is whether the EU AI Act will take inspiration from the US and construe violations of its rules and regulations outside of its borders as warranting its exercise of extraterritorial jurisdiction globally, as was the case for the Foreign Account Tax Compliance Act (FATCA) and all the controversy and rancor it caused a decade ago.

As Michael points out, the EU likely needs more resources and capacity to enforce its will internationally, as the US does.

The conversation concludes with speculation over whether the US will enact its AI law with rules comparable to the EU’s. Anand also discusses the impact of AI on India’s information technology sector.

Connect with RR Podcast at:

LinkedIn: https://hk.linkedin.com/company/hkufintech 
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Website: https://www.hkufintech.com/regulatoryramblings 

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