In today’s edition of Sunday Book Review:
Today, I post a recording of a recent webinar where I was a panelist on perspectives on compliance in uncertain times. The webinar was sponsored by Hanzo. The panelist included:
● Alexia J. Maas, Senior Vice President, General Counsel at Volvo Financial Services● Ana-Paola (AP) Capaldo-Aoun, Director, Ethics & Compliance Officer, TechData● Tom Fox, Compliance Evangelist, Founder Compliance Podcast Network
In this episode Jonathan Armstrong and Tom Fox are back to discuss issues relating to data privacy, data protection and GDPR. Today, we do our first emergency podcast based upon the European Court of Justice’s decision handed down July 16 on the Schrems III case, where the Court invalidated Privacy Shield. Some of the highlights are:
Check out the Cordery Compliance, client alert on this case, click here. For more information on Cordery Compliance, go their website here. Also check out the GDPR Navigator, one of the top resources for GDPR Compliance by clicking here.
As the SFO finally garners convictions at trial, Tom and Jay brave the surge in covid cases to stay safe they are back to look at top compliance articles and stories which caught their eye this week.
Navigating the Risks of Prescribing Opioids for Chronic Pain in the COVID-19 Era, Wednesday, July 22, 2020 12:00 PM EDT; with Jesse Caplan, Deb Waugh and Amy Fogelman, M.D. Registration and Inforamtion here.
Computer Say ‘No’: Mitigating Legal & Ethical Risks in Public Agency Use of Automated Decision-Making Tools, Tuesday, July 28, 2020 12:00 PM EDT; with David Shonka, Mikhail Reider-Gordon and Jonathan Redgrave. Registration and Information here.
ECI’s Best Practice Forum, a Q&A Session with Brian Rabbitt, Acting Assistant Attorney General for the Criminal Division on the FCPA Resource Guide, 2nd edition, Thursday, July 30, 2:00 – 4:00 p.m. EDT. Registration and Information here.
Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
Auditing of third-parties is critical to any best practices compliance program and an important tool in operationalizing your compliance program. This is a key manner in which a company can manage the third-party relationship after the contract is signed and one which the government will expect you to engage in going forward. As stated in the 2020 Update, under the section entitled, Management of Relationships, is the following query, Does the company have audit rights to analyze the books and accounts of third parties, and has the company exercised those rights in the past? This means you must not only have audit rights but also exercise them.
You should plan out the audit four to six weeks in advance, you should perform the audit with your legal counsel’s lead to preserve privilege, work with the Relationship Manager to establish key business contacts, discuss audit rights and processes with the third-party, you should prepare initial document request lists for financial information queries, take the time to review findings from previous audits and resolutions and also review details of opened and closed internal investigations, if there are any Code of Conduct questionnaires available take care to review and, finally, be cognizant of any related DOJ and SEC enforcement actions.
Three key takeaways:
Richard Lummis and Tom Fox continue their five-part series on leadership lessons from Theodore Roosevelt. We will look at lessons from Roosevelt’s early years in New York up to his cowboying days in Montana; the second phase of his public career, from NYC Police Commission to Assistant Secretary of the Navy, San Juan Hill and the Vice Presidency; his leadership from his Presidency; his life in the post-Presidency and the election of 1912 and we will end with leadership lessons from his post Bull Moose Party life, World War I and event surrounding his death. In this second episode, we consider the leadership lessons learned by Roosevelt in the second phase of his political career, which took him from Police Commissioner of NYC to the Vice Presidency.
Highlights of this podcast include:
What led to appointment to New York Civil Service Commission and then to the NYC Police Commissioner? His move to the National Stage as the Assistant Secretary of the Navy. This led to his work in the War with Spain and Admiral Dewey in Manilla Bay. He founded the Rough Riders, his leadership in Cuba and ride up San Juan Hill. He becomes Governor of New York. This leads to joining the McKinley ticket in the election of 1896 and becoming Vice President. We conclude with three key leadership lessons, including: 1. Pick yourself up when you fall; 2. Find a cause; and 3. Communicate Simply and Directly Through Stories.
Resources
Doris Kearns Goodwin’s 10 Leadership Lessons from the White House
6 Leadership Hacks From The Rise of Theodore Roosevelt
10 top Leadership Principles of Teddy Roosevelt
The Roosevelts: Eight presidential lessons in leadership
Lessons in Leadership from 100 years ago
Theodore Roosevelt on Leadership
10 Theodore Roosevelt Leadership Lessons
Welcome to the only roundtable podcast in compliance. Today, we have the full quintet of Jonathan Armstrong, Jay Rosen, Matt Kelly, Jonathan Marks and Mike Volkov sitting in to discuss various aspects of the Novartis settlements and ending with a veritable mélange of rants and shouts outs.
The members of the Everything Compliance are:
The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network. He can be reached at tfox@tfoxlaw.com
