Categories
Daily Compliance News

September 3, 2019- the savage v. sauvage edition

In today’s edition of Daily Compliance News:
  • CFO’s say new lease accounting rules are tough. (WSJ)
  • Mexico President to fight corruption. (APNews)
  • New Saudi anticorruption chief to focus on public servant corruption. (Reuters)
  • Savage v. Sauvage and Native Americans. What could go wrong? (Washington Post)
Categories
Daily Compliance News

September 1, 2019 Sunday Book Review edition

In today’s edition Sunday Book Review edition of Daily Compliance News:
Categories
Trekking Through Compliance

The Science of Star Trek- Journey to Babel and the Medicine of TOS

Welcome to the Science of Star Trek, a podcast series inspired by my review of Star Trek, the Original Series in the summer podcast special series Trekking Through Compliance.In this series I am joined by Astrophysicist and  Healthcare Futurist Ben Locwin. In this podcast we consider the TOS episode Journey to Babel as a starting point for the consideration of the medicine portrayed in the Original Series.
The Enterprise transports ambassadors to a conference to discuss the admission of Corridon, a star system composed of many mutually combative races, to the Federation. Corridon contains a nearly unlimited supply of dilithium crystals, but its small population and lack of strong government has allowed illegal mining operations by outsiders seeking to exploit its natural resources. To Kirk’s surprise, Sarek the 102.437-year-old ambassador from Vulcan and his his wife Amanda, who is human, are Spock’s parents. Sarek reveals that he has had three previous Vulcan heart attacks and has been taking Bengacydrine to combat it. He requires an open-heart operation, but the ship’s stores do not have a sufficient supply of blood, especially of Sarek’s rare Vulcan T negative blood. Despite the fact that Spock’s blood is a mixture of human and Vulcan factors, he provides a blood transfusion to Sarek after McCoy uses an experimental stimulant to increase the rate of blood production.
The Enterprise is then attacked by alien ship while Sarek and Spock are on the operating table, endangering both their lives. Spock, who is recovering from the operation, surmises that the perpetrators were from Orion, since Orions are known to have been smuggling dilithium from Corridon and are anxious to prevent interference.
 
Highlights include:
 
1.     Why is the TriCorder such a significant piece of medical technology, even up to today?
2.     What are the diagnostic aspects of the TriCorder?
3.     What is augmented reality and how is it being used in medical treatment today?
Categories
Daily Compliance News

August 30, 2019- the with friends like that edition

In today’s edition of Daily Compliance News:
  • Uber & Lyft fight drivers having employment rights. (NYT)
  • Feeling the whiplash, you aren’t the only one. (NYT)
  • Juniper Networks settles long standing FCPA violation. (FCPA Blog)
  • Department of Treasury financial crimes unit opens foreign branch. (WSJ)
Categories
This Week in FCPA

This Week in FCPA-Episode 169 – the how deep is the ocean edition

As Donald Trump invites Russia back into the G7 and plans the next summit at his resort.  Tom and Jay look at that COI and discuss some of this week’s top compliance and ethics stories which caught their collective eyes.
1.    How deep is the ocean? Jeff Kaplan asks that metaphorical questions as a way to introduction his piece on Trump’s conflicts of interest.
2.    Why is there is no easy answer to the supply side of bribery? Jessica Tillipman explains.
3.    Matthew Stephenson says it is time to retire the term “passive bribery”.
4.    The use of monitors in licensing and disciplinary proceedings. Jay continues his series.
5.    Deutsche Bank settles ‘sons and daughters’ hiring case..
6.    Fraud allegation hits academia. Jonathan Rausch explains.
7.    What happens when the middle of your organization is rotten? Mike Volkov explains.
8.    What are some of the issues for AI in Compliance? Tom explores in a 4-part blog post series, all on the FCPA Compliance Report.
9.    Interested in the Science of Star, Trek the Original Series? Then this week has been the week for you on the Compliance Podcast Network as Tom was joined by Ben Locwin to look at some of the science from TOS.
10. Join Tom and Jay and a host of other great speakers and guest at Converge19 in Denver October 2 & 3. Listeners to this podcast can obtain a complimentary ticket by using the promotion code foxvip, for registration and information, click 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.
Categories
Trekking Through Compliance

The Science of Star Trek-Tomorrow is Yesterday and Black Holes, White Holes, and Wormholes

Welcome to the Science of Star Trek, a podcast series inspired by my review of Star Trek, the Original Series in the summer podcast special series Trekking Through Compliance.In this series I am joined by Astrophysicist and  Healthcare Futurist Ben Locwin. In this podcast we consider the TOS episode Tomorrow is Yesterday as a starting point for the consideration of the science around black holes, white holes, and wormholes.
In this episode, USS Enterprise is thrown back in time to Earth during the 1960s by the effects of a high-gravity “black star”. The Enterprise ends up in Earth’s upper atmosphere and is picked up as a UFO on military radar. Spock and Chief Engineer Scott inform Kirk of a possible escape method by slingshotting around the Sun to break away and return to their time. The maneuver is risky, since even a small miscalculation could destroy the ship, or make them miss their own era. Kirk okays the maneuver, and time on board the Enterprise moves backwards. The Enterprise is then successfully returned to the 23rd century.
Highlights include:

  1. Is a black star the same thing as a black hole?
  2. How does a white star become a black star?
  3. What is the Quality Exclusion Principle and how does it apply?
  4. What is the Chronology Protection and how does it work?
Categories
Daily Compliance News

August 29, 2019- the pardons before crimes edition

In today’s edition of Daily Compliance News:
  • If you were offered a Presidential pardon to commit a crime, would you do so? (Washington Post)
  • Proposed opioid deal with end Sackler family control of Perdue Pharma. (NYT)
  • Worst deal ever? Bayer purchase of Monsanto in the running. (WSJ)
  • RSM International charged with violating the SEC’s auditor independence rules. (FCPA Blog)
Categories
Creativity and Compliance

Episode 3, Don’t Just Train…Advertise

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. In this show, we’ll be exploring how creativity affects the world of compliance – the ways we use it, and the surprising impacts it can have on the work we do every day. From ethics to leadership, problem-solving to training – creativity permeates what we do as compliance professionals.  In this podcast we discuss Ronnie thoughts on don’t just train…advertise. Highlights include:

  1. People forget stuff so make your training memorable.
  2. Ethics and compliance needs to be advertised.
  3. What is some of the simple messaging that promotes ethics and compliance in an organization?
  4. Where can you embed short interesting messages within the fabric of the organization?
  5. What is the virtual water cooler within your organization?
  6. How does the advertising approach drive traffic to learning resources and influence behavior?

Resources:
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.
See also, Ronnie’s article on CCI, When it Comes to Ethics & Compliance, Don’t Just Train… Advertise!

Categories
Everything Compliance

Episode 52-Greenland Purchase Edition

Welcome to the only roundtable podcast in compliance. Today, we have a quartet of Jay Rosen, Matt Kelly, Sarah Hadden and Mike Volkov. We focus on the President Trump’s putative initiative to purchase the country of Greenland. We consider the proposed purchase from the compliance perspective. Rants and shouts outs follow the commentary for this episode.
  1. Mike Volkov considers the proposed purchase through the lens of Mergers and Acquisitions under the FCPA. He also highlights the 2018 amendment to the FCPA Corporate Enforcement Policy on safe harbor in M&A under the FCPA. Volkov is not sure if he is shouting out to the Business Roundtable for their Statement on the Purpose of a Corporation or ranting about the Business Roundtable’s ‘profound grasp of the obvious” in releasing the Statement.
  2. Jay Rosen follows up on Mike’s FCPA analysis in considering how someone might look at the sale in assessing the culture of Greenland and how it would fit into the acquirer’s portfolio of purchased territories. Rosen shouts out for America to ‘get Spicy’ as former White House Press Secretary (when there was such a position) Sean Spicer joins Dancing with the Stars.
  3. Sarah Hadden considers how a journalist might cover the proposed purchase. She also weighs in as the Publisher of Corporate Compliance Insights on the types of compliance related stories she sees from the proposed purchase. Hadden shouts out for unplugging.
  4. Matt Kelly considers the proposed purchase from the internal controls and SEC reporting perspective. Kelly comes in hot to blast the Business Roundtable over its Statement on the Purpose of a Corporation.
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
  • Mike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.
  • 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 lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com
  • Sarah Hadden–Publisher at Corporate Compliance Insights. Hadden can be reached at Sarah@corporatecomplianceinsights.com
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.
Categories
Trekking Through Compliance

The Science of Star Trek-The Naked Time and Warp Drive

Welcome to the Science of Star Trek, a podcast series inspired by my review of Star Trek, the Original Series in the summer podcast special series Trekking Through Compliance.In this series I am joined by Astrophysicist and  Healthcare Futurist Ben Locwin. In this podcast we consider the TOS episode The Naked Time as a starting point for the consideration of the science around the warp drive.
A landing party from the Enterprise beams aboard Psi 2000, an ancient planet about to break up. They find all six of the crew manning the station dead. Crewman Joey unwisely removes his gloves is contaminated by a red liquid. As Psi 2000 shows a shift in magnetic field and mass, the Enterprise begins a close orbit requiring constant vigilance. Unfortunately, an infected Lt. O’Reilly has turned off the warp engines. To restart the warp engines, matter and antimatter must be mixed in a controlled implosion. However, after mixing matter and antimatter at a colder than recommended temperature according to an untested intermix formula, the Enterprise is thrown into a time warp which causes the chronometer to run backwards. This allows the Enterprise to escape the breakup of the planet, returning it 71 hours into the past and therefore before any of the episode’s events took place.
Highlights include:

  1. Why must you suspend your disbelief for this episode?
  2. How would a warp drive work in practice?
  3. Why does E=MC²control this issue?
  4. What is antimatter?
  5. What is the time wise effect on high speed travel?