Categories
The ESG Report

Responsible Minerals, Supply Chain and ESG with Jared Connors and Daniel Zamora

 

Jared Connors and Daniel Zamora join Tom Fox in this episode of the ESG Report to discuss how market expectations have evolved with regard to due diligence in the responsible sourcing field.

 

 

Due diligence used to be a data collection exercise where you get transparency into your supply chain, but now it’s all about what you do with that information after you collect data. It’s about how a company can move from being reactive to being proactive and going beyond regulatory requirements. It means risk management activities related to identifying sanctions within your supply chain. The first step to becoming proactive with your data due diligence is collecting data more efficiently. This allows you to have the resources in place to perform risk management within your supply chain. “You need to have a specific program in place that would allow you to see and identify the risks so you can see where minerals are coming from and where the minerals are going afterwards,” Daniel says.

 

Under the Biden administration, there has been a major focus on critical minerals when it comes to sanctions and regulations. Critical minerals are not specifically tied to the Dodd-Frank Act, but this focus has emphasized to all stakeholders in the industry to be vigilant about them in general. All stakeholders – downstream companies, shareholders, suppliers, customers, and employees – are engaging in discussions and conversations around the ESG requirements for critical minerals. Having an entity in your supply chain that is tied to a sanction puts you at risk, no matter how direct or indirect that linkage is. 

 

Resources

Jared Connors on LinkedIn

Daniel Zamora on LinkedIn

Tom Fox’s email

Assent

 

Categories
FCPA Compliance Report

James Koukios on MoFo’s April 2022 Top 10 International Anti-Corruption Developments

In this episode, I visit with fan-fav James Koukios, partner at Morrison & Foerster on the firm’s always great monthly Top 10 International Developments newsletter for April 2022.

Key areas we discuss on this podcast are:

·      The Stericycle FCPA enforcement action.

·      The Roger Ng conviction.

·      Limits of prosecution on FCPA accounting provisions?

·      A World Bank debarment.

 Resources

James Koukios on MoFo.com

MoFo Top 10 International Anti-Corruption Developments for April 2022

Categories
Daily Compliance News

October 31, 2022 the TuSimple in Too Much Trouble Edition

In today’s edition of Daily Compliance News:

  • TuSimple under investigation. (WSJ)
  • Polish Airline a crime victim? (Reuters)
  • Ecuador Energy Minister resigns due to corruption. (Reuters)
  • Corruption charges against Neymar dropped. (ESPN)
Categories
Sunday Book Review

October 30, 2022 Under-rated Monsters of Fiction edition

In today’s edition of Sunday Book Review:

The Legend of Sleepy Hollow by Washington Irving

200,000 Leagues Under the Sea by Jules Verne

The Wonderful Wizard of Oz by L. Frank Baum

Theogony by Hesiod

Categories
Popcorn and Compliance

Compliance Lessons from Dr. Jekyll and Mr. Hyde

I have always loved the classic Universal monster movies from the 1930s. This month I am exploring one movie each week to mine it for leadership and compliance lessons. For our final entry in this short series on Popcorn and Compliance, I look at the 1931 version of Dr. Jekyll and Mr. Hyde, starring Fredric March, who plays a possessed doctor who tests his new formula that can unleash people’s inner demons. The film is an adaptation of The Strange Case of Dr. Jekyll and Mr. Hyde, the 1886 Robert Louis Stevenson tale of a man who takes a potion that turns him from a mild-mannered man of science into a homicidal maniac. The film was a critical and commercial success upon its release. Nominated for three Academy Awards, March won the award for Best Actor. We consider some of the compliance professional’s lessons around moral licensing, ego depletion, and time of day in a risk management regime.

Resources

Why Bosses can be Dr. Jekyll and Mr. Hyde

Categories
Daily Compliance News

October 29, 2022 the World Series Edition

In today’s edition of Daily Compliance News:

  • Credit Suisse names new CCO. (WSJ)
  • Removing sanctions against Tornado Cash. (WSJ)
  • A crisis in curling. (NPR)
  • Astros return to World Series. (WSJ)
Categories
Corruption, Crime and Compliance

Episode 251 – Training and Corporate Culture: Interview of Maria D’Avanzo, Chief Evangelist Officer, Traliant

powered by Sounder

Does compliance training have to be boring? Our guest explains how your organization can make compliance training engaging and fun for your employees.

Maria D’Avanzo is the Chief Evangelist Officer at Traliant. Maria provides key insights on corporate ethics and compliance training programs. Maria describes how to take your training program to the next level and tailor the content to deliver training on important issues based on your company’s risk assessment..

Categories
EMBARGOED!

EMBARGOED! Episode 54: Emergency Pod: Sanctions Building in Nicaragua

On October 24, 2022, President Biden issued an executive order that created infrastructure that could lead to a significant increase in Nicaragua sanctions. In this emergency podcast, Tim is joined by fellow Miller & Chevalier Member Alejandra Montenegro Almonte and Senior Associate Manuel Levitt to discuss the specifics of the new sanctions order, and talk about what that could mean for Nicaragua and the region.

Subscribe * Apple Podcasts Spotify *  Amazon Music  * Google Podcasts * Stitcher

Questions? Contact us at podcasts@milchev.com.

EMBARGOED! is not intended and cannot be relied on as legal advice; the content only reflects the thoughts and opinions of its hosts.

***Stay sanctions free.***

Categories
Greetings and Felicitations

Great Structures Week V: The Tacoma Narrows Bridge Failure and Preventing Failure in Your Compliance Program

Welcome to the Greetings and Felicitations, a podcast where I explore topics that might not seem directly related to compliance but influence our profession. In this special series, I consider many structural engineering concepts are apt descriptors for an anti-corruption compliance program. In this concluding episode 5, I consider the Tacoma Narrows Bridge failure and preventing failure in your compliance program. Highlights include:

  • Why and how did the Tacoma Narrows Bridge fail?
  • What are the key lessons it provides to compliance professionals?
  • Why are 3rd parties still the greatest risk to any compliance program?
  • What steps can you take to manage third parties most effectively?
  • Why is continuous monitoring key to managing risk?

Resources

 “Understanding the World’s Greatest Structures: Science and Innovation from Antiquity to Modernity”, taught by Professor Stephen Ressler from The Teaching Company.

Categories
From the Editor's Desk

October and November in Compliance Week

Welcome to From the Editor’s Desk, a podcast where co-hosts Tom Fox and Kyle Brasseur, EIC 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 October around the Lafarge criminal action, the former Uber CISO convicted criminally for attempting to hide a data breach, and the agreement between Google and the DOJ for the company to create a position of a legal compliance monitor. We previewed some of the stories CW will look at in November, including the current state of SEC rulemaking, and Kyle teased out some findings from the CW ‘Inside the Mind of the CCO’ survey, which recently concluded.

We conclude with a look at some of the top sports stories, including a look at a Red Sox fan’s view of the 2022 World Series, ask about a quarterback controversy in New England and overreact to the first week of the NBA season.