In today’s edition of Daily Compliance News:
In today’s edition of Sunday Book Review:
- Big Wonderful Thing by Stephen Harrington
- Border Land, Border Water by CJ Alverez
- Taking the Land to Make the City by Mary Ryan
- No Way But To Fight by Andrew RM Smith
Ericsson settles a long running FCPA enforcement action, coming at No. 2 on the all-time list. Tom lectures Jay about the need for his Patriots to stop cheating (again). They also other of this week’s top compliance and ethics stories which caught their collective eyes.
- Ericsson settles the second largest FCPA enforcement action of all time.
- Ericsson comes in the FCPA Blog’s all-time Top Ten FCPA Enforcements and also Number 2 on the all-time Disgorgement List.
- Jay Clayton backs off his threat to cap SEC whistleblower awards.
- Director of Treasury’s anti-money-laundering watchdog calls for Congress to pass corporate transparency legislation.
- Jay looks at the birth of the corporate integrity monitor.
- Did they look at petty cash? €84MM goes missing from Football Association of Ireland. Jonathan Rausch.
- Does better corp governance leader to better corporate agility? Kenneth Lehn.
- How and why should you manage your corp culture? Jim DeLoach
- CFIUS report to Congress. Lawyers from Simpson Thatcher.
- How to manage risk when the BOD is overconfident? Matt Kelly.
- Patriots caught cheating again. Do they even care? Max Kellerman.
- On the Compliance Podcast Network, Tom had a five part podcast series on the Hughes Hubbard 2019 FCPA and Anti-Bribery Alert. In Part 1, Kevin Abikoff provides and overview of the Alert and explains this year’s theme; in Part 2, Laura Perkins on the year in FCPA; in Part 3, Bryan Sallaman on developments from France; in Part 4 Mark DeBernardis on MDBs and anti-courrption enforcement and in Part 5, Salim Saud on developments in Brazil.
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.
Where does creativity fit into compliance? In more places than you think. Problem-solving, accountability, communication, and connection – they all take creativity. Join Tom Fox and Ronnie Feldman on Creativity and Compliance, part of the Compliance Podcast Network to explore these issues. Today’s episode is about creative ways to improve accessibility of your compliance program. Our guest is Garin Bergman, is the former CCO at IDEX Corp. He is the founder of the PalmTree Compliance Application which is “Compliance in the Palm of Your Hand”.
Some of the highlights include:
- Bergman’s journey from CCO to product innovator.
- How can you improve accessibility of compliance training?
- How can you get training to offline employee populations?
- How can you improve response rates to training?
- Why is it important to deliver training not only in a convenient mechanism but also where employees want to receive it?
- How can compliance communications be proactive?
- What the difference is between an App and being mobile friendly?
Resources:
Garin Bergman
LinkedIn Profile
PalmTree Website
Ronnie Feldman
Ronnie Feldman (LinkedIn)
Learnings & Entertainments (LinkedIn)
Ronnie Feldman (Twitter)
Learnings & Entertainments (Website)
60-Second Communication & Awareness Shorts – A variety of short, customizable, quick-hitter “commercials” including songs & jingles, video shorts, newsletter graphics & Gifs, and more. Promote integrity, compliance, the Code, the helpline and the E&C team as helpful advisors and coaches.
Workplace Tonight Show! Micro-learning – a library of 1-10-minute trainings and communications wrapped in the style of a late-night variety show, that explains corporate risk topics and why employees should care.
Custom Live & Digital Programing – We’ll develop programming that fits your culture and balances the seriousness of the subject matter with a more engaging delivery.
Welcome to Compliance Man Chooses the Target with Tim Khasanov-Batirov series. Today we a have a special Christmas podcast. Our goal is to highlight matters that should be on agenda of practitioners that deploy compliance programs in industries or countries of active FCPA enforcement. We target three specific matters that you might like to address in the course of implementation of your compliance program. Today we will focus on classical but evergreen topic of gifts giving.
Target #1: How to kill your corporate gifts policy?
If you work at the HQ of an international corporation and believes that all questions with gifts giving in your company are already settled many years ago you might be wrong. The most unpleasant news could be that the reason of this problem are not necessarily rogue managers in the fields, who deliberately violate rules. Look at your global gifts policy and if it says something like “gifts of nominal value are allowed” there is big chance that the problem is already there. Assume that in some countries at which your company operates per local legislation (or updates in the legislation) gifts giving to state officials are prohibited as such or this process is a subject to certain limitations. In ideal case your global policy is adopted in each jurisdiction by local compliance team. We recommend checking out if it is really so as most likely you don’t have compliance folks in each jurisdiction of corporate presence. Another typical problem is when simultaneously in each respective jurisdiction there are two policies. The global one, which allows petty gifts, even if it contains clause on prevalence of local laws and a tailored gifts policy adopted by an office in the respective jurisdiction. In reality the personnel in the fields will get confused which policy to follow.
Target #2: Toxic Gifts
The FCPA enforcement practice clearly demonstrates absolute ban on entertainment of state officials and PEPs by companies. It is also clear that it is forbidden to give luxurious gifts and even sometimes small gifts if there is a corruption intent. Still there is a grey area for list of non-luxurious gifts which still might be considered as non-appropriate from my point of view even if there is no intent to influence decision taking. I mean alcohol, for instance. In some jurisdictions it is a common practice to give alcohol as Christmas gift. From my prospective it is not right but still it is just a personal view, not a law.
Target #3: Non-Toxic Gift
We have touched a couple of problems related to gifts giving and now it is time to get back to talking about pleasant sides of Christmas. It is time to say that Compliance Man has launched a channel at you tube called ‘Compliance Man by Timur Khasanov-Batirov” aimed on sharing compliance tips with professional community. The first video of the series called “1001 Compliance days” is available here. Please feel free to comment and subscribe.
Merry Christmas to everyone from Compliance Man!
Join us for the next episode of Compliance Man Chooses the Target with Tim Khasanov-Batirov in 2020.
There are many companies that have employees who’ve never stepped foot in their office.
Maybe you’re thinking, “But that has to be very few companies and employes, right?”
The answer — not so much. Remote employees are not a thing of the future, it is the reality of the 21st Century workforce. Leaders must prepare for the challenges and opportunities this massive change presents.
In this episode, I am sitting down with my business partner, Phil Van Hooser. Phil is a Hall of Fame Leadership speaker and author. Phil and I are speaking on the issue not only because we are helping other leaders successfully navigate the change, but we ourselves in our own business, are practicing what we preach.
With Gen X, Y, and Z increasingly wanting flexible schedules, the number of remote workers in today’s workforce has increased very fast. In today’s episode, part 1 of 2, we are taking a look at why employees want to work out of the office, how that may make managers and supervisors feel, and practical steps you can take to make sure engagement, communication, and performance stays on the right track.
As a leader, YOU control your leadership success. Tune in for real-talk about how to lead well in this new environment of remote workers.
If you’re looking for tangible action steps and refreshing insights to help ignite the power of your own leadership journey, sign up for my weekly leadership blog HERE.
If your business would benefit from higher-performing leaders, check out more information about the comprehensive leadership development training I do HERE.
If you want to reach out to me directly, email alyson@vanhooser.com.
If you enjoyed this episode, will you please subscribe and leave a review? Your reviews help this show get discovered by more incredible leaders just like you. I’m obsessed with helping leaders ignite their performance results and I’d love to have you help me make an impact! Thank you so much!
P.S. Share and tag me on social — @AlysonVanHosoer — and I’ll share your comments and big takeaways on my feed!
Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.
Today’s Great Women in Compliance podcast is a little different. At the most recent SCCE Compliance and Ethics Institute held in September, Lisa and Mary asked the session attendees to provide examples of the best professional advice they received, and we had a lot of great information from women throughout the ethics and compliance community. It was a unique opportunity for Mary and Lisa to be on the same episode, as most of the GWIC podcasts are with one of them interviewing ethics and compliance leaders.
We got exceptional insights from this community, and Lisa and Mary thought it would be the perfect way to end the 2019 podcasts. Not only did Great Women in Compliance’s first full year brought lots of great discussions on the podcast, it brought out constant reminders of the fantastic individuals that make up the GWIC community.
We all hope you enjoy this advice from the GWIC Community and best wishes to you and yours in 2020. Join the Great Women in Compliance community on LinkedIn here.