Welcome to From the Editor’s Desk, a podcast where co-hosts Tom Fox and Dave Lefort, Managing Director at Compliance Week unpack some of the top stories which have appeared in Compliance Week over the past month, look at top compliance stories upcoming for the next month, talk some sports and generally try to solve the world’s problems.
In this month’s episode, we look back at top stories in CW from March around the Russian invasion of Ukraine and the economic sanctions imposed by the West, including simply keeping up with the ever changing sanctions, the public pressures on companies to model their values and the ever-growing importance of due diligence. Dave previews the a case study on how FedEx is executing an ESG program. We discuss the Compliance Week 2022 Conference scheduled for May in DC. We conclude with a look at some of the top sports stories including Dave’ tribute to Jackie McMullan, who has finally started a podcast, a preview of the Celtics in the NBA playoffs and the labor settlement in baseball.
If you are a CW subscriber, you can check out Aly McDevitt’s series, starting here. If you are not a subscriber, you can preview her series, by clicking here.
Listeners to this podcast can receive a $200 discount to Compliance Week 2022 by going here and using the Code FOX200.
Jackie McMullan’s podcast Icons Club.
Author: admin
The SEC releases regulations around climate change as Tom take a solo turn to look at some of the week’s top compliance and ethics stories in the Seeing Green edition.
Stories
1. SEC comes out with climate change regs. Andrew Ross Sorkin in NYTimes Dealbook. Matt Kelly in Radical Compliance. Tom and Matt in Compliance into the Weeds.
2. SFO spanked again. Andrew Crowley in MLex.
3. Getting rid of old data critical. Debevoise lawyers in Compliance and Enforcement.
4. The ‘S’ in ESG. Mike Volkov in Corruption Crime and Compliance.
5. FINRA and CCO liability. Matt Kelly in Radical Compliance.
6. IDB debars construction company. Harry Cassin in the FCPA Blog.
7. First ZTE monitorship ends. Jaclyn Jaeger in Compliance Week (sub req’d)
8. DOJ raises stakes. Todd Fishman, Noah Brumfield, Eun Woo Jhang and Elaine Johnston in CCI.
9. Top 6 ESG issues for 2022. Giles Newman in Risk and Compliance Matters.
10. A Privacy Shield replacement on the horizon? Neil Hodge in Compliance Week. (sub req’d)
Podcasts and More
11. In March on The Compliance Life, I visit with Audrey Harris, Managing Director at AMI, formerly CCO at BHP. In Part 1, she discussed her academic background and early professional career. In Episode 2, Audrey moved to the CCO chair at BHP. In Episode 3, she moved back to private practice. In Episode 4, she moves to AMI.
12. Tom has a two part series with Aly McDevitt on her recent Ransomware case study, on Greetings and Felicitations, Part 1 and Part 2.
13. Why should you attend Compliance Week 2022? Find out on this episode of From the Editor’s Desk. Listeners get a $200 discount to CW 2022 with the code Fox200. More here.
14. Tom visits with Pop Hair Art Salon founder, Michele Van Fossen on The Hill Country Podcast.
15. An undergrad degree focusing on ESG? Jules Oringel explains on the ESG Compliance Podcast.
Tom Fox is the Voice of Compliance and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
Categories
Russia Loses MFN Status
Russia loses its “Most Favored Nation” status with EU.
Welcome to the Greetings and Felicitations, a podcast where I explore topics which might not seem to be directly related to compliance but clearly influence our profession. In this episode, we conclude a two-part series with Aly McDevitt, Data & Research Journalist at Compliance Week. We take a deep dive into her recent series case study on a ransomware attack on a fictional company. Highlights include:
· Who are hackers? What is a cyber incident response playbook and how does each person handle their roles in the event of a ransomware attack?
· How and when should stakeholders be notified? Who and what type of notification should be made?
· What goes into the decision to pay? What are the pros and cons of each path?
· What are some key lessons for companies from the story?
· A hint of what Aly may have in store for future articles and series.
Resources
Ransomware case study in Compliance Week
Aly McDevitt
Leo Bonanni is founder and CEO of Sourcemap, the social network for supply chains. Sourcemap provides supply chain mapping software for companies, that traces products, evaluates social, environmental and financial risks, and monitors improvements over time. Leo is also a board member at Bluenumber Foundation, a former faculty member at NYU and Columbia University, and a former visiting scientist at MIT Media Lab. He joins host Gwen Hassan to explore how Sourcemap is maintaining supply chain integrity and transparency with social networks.
The impetus behind Sourcemap was transparency in a world of greenwashing, Leo shares. He observed the emergence of user-generated content and the convergence of the democratization and open dissemination of ideas, and connected the two to make it easier to maintain supply chain integrity. When Sourcemap launched in 2011, there were numerous companies interested in mapping their supply chains to gain a competitive edge.
Audits were the predominant technique used to manage social and environmental performance in extended supply chains. Sourcemap is expanding the power of audits by collecting data from all of the actors in a high-risk region.
Resources
Leo Bonanni on LinkedIn | Twitter
Sourcemap.com | Sourcemap on Twitter
Welcome to the only roundtable podcast in compliance. The entire gang was also recently honored by W3 as a top talk show in podcasting. In this episode, we have the quartet of Jay Rosen, Jonathan Armstrong, Tom Fox and Matt Kelly. We conclude with our fan favorite Shout Outs and Rants.
1. Jay Rosen discusses the connection between corruption and the Russian invasion of Ukraine and the leadership differences between Presidents Putin and Zelensky. Rosen rants about Mavericks owner Mark Cuban over the allegations of former GM Donnie Nelson that Nelson was fired for reporting a sexual assault of a Maverick employee.
2. Matt Kelly looks cybersecurity and the state of proposed new rules from the SEC governing the conduct of public companies which sustain a cyber breach. Kelly rants about West Virginia Senator Joe Manchin opposes electric cars because customers would have to wait too long at charging stations for batteries to be replaced (electric car batteries are recharged not replaced).
3. Jonathan Armstrong looks at the increase in cyber-attacks and ransomware demands and a GDPR enforcement action involving Tucker’s. Armstrong shouts out to TV show editor Marina Ovsyannikova who on live TV in Moscow, stood up to the President Putin by holding a sign which said, “Russian: “Don’t believe the propaganda. They’re lying to you here.” In English it said: “No war … Russians against war.”
4. Tom Fox discusses the recent District Court decision in the Coburn case and what it means for all involved; the DOJ, companies under FCPA investigation and counsel who perform internal investigations. Fox rants about Texas AG Ken Paxton who once again disobeyed a District Court injunction forbidding the state of Texas from investigating the parents of transgender teens for child abuse.
The members of the Everything Compliance are:
• Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
• Karen Woody – 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, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com
• Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at jonathan.marks@bakertilly.com
The host and producer, ranter (and sometime 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.
In today’s #jammingwithjason #podcast episode, we will talk about how overthinking and getting into your head may be one of the worst things you are doing.
There are certain things that you can do to improve your habits which will, in turn, improve your outcomes in life.
So join me here on the podcast, where I will share some of these little life “hacks” with you so you can quit overthinking and start living!
Listen in at: https://www.jasonmefford.com/jammingwithjason136/.
Categories
EU’s 4th Package of Sanctions
The Kitchen reviews the EU’s 4th package of sanctions on Russia.