In today’s edition of Daily Compliance News:
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In this episode of Trekking Through Compliance, we consider the episode The Mark of Gideon which aired on January 11, 1969, Star Date 5423.4.
Compliance Takeaways:
- Why is compliance needed at the Board level?
- How do you promote middle management up to senior management?
- What is your triage protocol?
Our hearts go out to the communities which have suffered gun-massacre tradgedies, the most recent being in El Paso TX and Dayton, OH. They consider this issue from the compliance perspective and turn their collective eyes to some of this week’s top compliance and ethics stories.
1. What is the corporate response to El Paso and Dayton? Tom and Matt Kelly explore in Compliance into the Weeds. Kristen Broughton considers corporate disclosures 2. Congress considers a anti-foreign extortion bill to supplement the FCPA. Dick Cassin reports. 3. Is a world free of corruption a dream of fools? The Basel Institute on Governance says no. 4. What is cognitive governance? James Bone begins a 5-part series. 5. AML and Sanctions Trends Under the Trump Administration. Lawyers from WilmerHale explain. 6. What it the federal extortion and blackmail statute? Sara Kropf begins a two-part series. 7. Does everyone want to do the right thing? Calvin London says maybe not in CCI. 8. How to make your Code of Conduct great. Ed Petry tells us. 9. Swiss bank ignores compliance officer; pays $10.7M for tax evasion. Jaclyn Jaeger reports.10. SFO issues guidance for corporate cooperation. 11. Join Jay Rosen and myself for a 5 part exploration of Everything You Always Wanted to Know about Monitors But Were Afraid to Ask. Sponsored by AMI, it is a special production of the Compliance Podcast Network. 12. Our colleague, Doug Cornelis successfully participated in the annual 2-day, 192 mile Pan-Mass Bike Challenge which raises money for the fight against cancer. I hope you will join me again in supporting Doug by donating to PMC. Information on Doug’s ride, why he rides and donation button are all found here.13. Looking for one of the top conferences around. Look no further than Converge19, which is being put on by Convercent on October 2-3. Listeners to this podcast can garner a complimentary pass by using the code “foxvip”. Registration and information can be found 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. For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.
In this episode of Trekking Through Compliance, we consider the episode Let That Be Your Last Battlefield which aired on January 10, 1969, Star Date 5730.2.
Compliance Takeaways:
- Why language translation is so important.
- The role of compliance in creating safe work places.
- Why should you do business with ethical companies?
We conclude our week of Sherlock Holmes-themed podcasts today. Over this week’s blog posts, I have been exploring the first five stories from The Casebook of Sherlock Holmes, mining each story for themes and lessons related to the compliance professional, leadership and business ethics. In today’s concluding offering, I consider The Adventure of the Sussex Vampire and it informs a root cause analysis in any best practices compliance program. The concludes my initial exploration of The Casebook of Sherlock Holmes and its intersection with compliance and leadership. I hope you have enjoyed listening to it as much as I did researching and brining it to you. But do not worry as I will continue my exploration of the entire Holmes oeuvre in later podcast series.
Richard Lummis and I are back to continue our series of exploring leadership through the study of US Presidents. This episode begins a short series on Gilded Age Presidents, now largely forgotten. In this episode we take up James Garfield.Some of the highlights include:
- James Garfield Educational and Professional Background.
- History as Radical Republican.
- Crédit Mobilier scandal of 1872.
- Nomination and Election of 1880.
- Presidency including the Tariff, Purging the Post Office, Supreme Court Nominations, Proposal for universal education and Assassination.
- Leadership Issues including the importance of strong ethics, a strong believer in education and Goldbug-a man for his times?
In this episode of Excellence in Training, Tom Fox and Shawn Rogers consider just how does a company create a comprehensive compliance training program that covers its complete risk profile? Many large company faces many legal and regulatory risks, and often many of those risks are “owned” by organizations that are outside of the compliance function. This is a huge challenge for a company the size of GM. But I think this is probably faced by most companies. How do you create a risk-based compliance training program that addresses ALL of a company’s legal and regulatory risks, including the risks that are “owned” outside of the established compliance function? One possible approach is to establish a corporate compliance training governance committee that looks at the company’s overall risk profile and builds a cross-functional and comprehensive multi-year training plan that effectively addresses all of the risks in a company’s risk portfolio. This is what GM has tried to do.
In this episode of Trekking Through Compliance, we consider the episode Whom Gods Destroy which aired on January 3, 1969, Star Date 5718.3.
Compliance Takeaways:
- Do you have audit rights and do you exercise them?
- High risk does not mean you cannot move forward, it means you must have a robust risk management strategy.
- Do you go with facts or your gut in decision making?
We are back with fan favorite Sherlock Holmes week. In this week’s special series of podcasts, I will focus on the first five from The Casebook of Sherlock Holmes, mining each story for themes and lessons related to the compliance professional, leadership and business ethics. In today’s offer, I consider The Adventure of the Three Gable and how institutional justice in any best practices compliance program. Join us tomorrow where we conclude our week of stories from The Casebook of Sherlock Holmes by looking at the The Adventures of the Sussex Vampire and how it informs root cause analysis.
