Categories
Creativity and Compliance

Cory MacDonald on C&E Training at Starbucks


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 episode, Tom and Ronnie visit with special guest, Cory MacDonald, learning manager, ethics & compliance at Starbucks. Cory comes with a background in Broadcast Journalism and Learning. We visit about some of the most innovative strategies for compliance and ethics training around. Some of the highlight include:

  • How do you communicate with a workforce literally from 16-65?
  • How do you communicate with a workforce not dependent on email?
  • Why you should try new things.
  • What is effective compliance training?
  • What is the Starbuck approach to C&E training?

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.
Tales from the Hotline – check out some samples.

Categories
This Week in FCPA

Episode 251 – It’s a New Dawn edition


With Jay back online, he and Tom take a look at this week’s stories top compliance and ethics stories which caught his interest on This Week in FCPA in the It’s a New Dawn edition.
Stories
1.     SAP trade sanction enforcement action. Matt Kelly with two pieces in Radical Compliance. Mike Volkov takes a deep dive in a 4 part series on Corruption Crime and Compliance.
2.     Should compliance make folks uncomfortable?  Anna Romberg explores in the FCPA Blog.

3.     Has FCPA enforcement stopped? Of course not and Dick Cassin explains why on the FCPA Blog.

4.     Scott Moritz synthesizes the FCPA Resource Guide and Evaluation of Corp Compliance Programs. On LinkedIn.
5.     The Zombie idea of corruption risk? Matthew Stephenson in the Global AntiCorruption Blog.
6.     What does Solar Winds mean for businesses? Dan Verton in CCI.
7.     On the intersection of governance, fraud and culture. Jonathan Marks in Board and Fraud.
8.     Compliance and Supply Chain Risk Management. Josh Reed in Navex Global’s Ethics and Compliance Matters Blog.
9.     DNB fined $48.1MM for AML violations. Aaron Nicodemus in Compliance Week (sub req’d)
10.  Compliance officers taking the lead in corp ESG. Dylan Tokar in WSJ Risk and Compliance Journal.
Podcasts and Events
11.  Check out the newest addition to the Compliance Podcast Network, Survive and Thrive. In this podcast, co-hosted by Tom Fox and Kortney Nordrum, we unpack some compliance disasters and more importantly how to avoid them. Check out Episode 1 here, where we unpack the risk of timing.
12.  In this episode of Integrity Through Compliance, Jesse Caplan, Dionne Lomax and Jim Anilot discuss “From Business Opportunities to Compliance Risks: Health Expectations in 2021”. Check it out here.
13.  Join Jay and Tom at Compliance Week 2021. For information and registration, click here. Listeners to this podcast can receive a discount of $200 by using the code PODCAST599 at check out.
14.  CCI releases a new eBook, The FCPA Year in Review by the Compliance Evangelist, Tom Fox. You can obtain a copy here.  Best of all its available at no charge.
15.  Tom announces his latest book, The Compliance Handbook, 2nd edition is available for presale purchase. Use the code FOX25 and go here. The Compliance Handbook 2nd edition will be available in both print and eBook editions. This week on The Compliance Handbook podcast, Eric Young joins Tom for a deep dive into the role of internal controls in a best practices compliance program.
16.  Special Treat-Grace Slick opens the Jefferson Airplane’s Woodstock set with “It’s a New Dawn.”
Tom Fox is the Voice of Compliance and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.

Categories
Daily Compliance News

May 7, 2021 the No Wealth edition


In today’s edition of Daily Compliance News:

  • Elizabeth Holmes doesn’t want jury to know of her wealth. (WSJ)
  • Fed concerned with risks and economy. (WaPo)
  • UBS chief says woman should follow him to CEO chair. (Bloomberg)
  • Do you have an AI Ethics Committee? (WSJ)
Categories
Fraud Eats Strategy

Part 2 – A Recap of The First 30 Episodes

When we launched the “Fraud Eats Strategy” podcast, we promised to explore organized crime, boiler rooms, money launderers, warlords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. Throughout the first 30 episodes, we hope that you have seen these efforts and enjoyed the content!

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Join us each week as we take a deep dive into the various forms of fraud across the world and discuss crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, kleptocrats and more.

Scott Moritz is a leading authority on white-collar crime, anti-corruption, and in the evaluation, design, remediation, implementation, and administration of corporate compliance programs, codes of conduct. He is also considered an authority in the establishment, training, and oversight of the investigative protocols carried out by financial intelligence, corporate security, and internal audit units.
 

Categories
Fraud Eats Strategy

Fraud Eats Strategy – First 30 Episodes Recap – Part 1

When we first launched the “Fraud Eats Strategy” podcast series, we promised to explore organized crime, boiler rooms, money launderers, war lords, kleptocrats and fallen CEOs, and the companies that have been damaged or destroyed through their criminality. In the first 30 episodes, I like to think we’ve delivered on that promise.

>

Join us each week as we take a deep dive into the various forms of fraud across the world and discuss crime families, penny stock boiler rooms, international money launderers, narco-traffickers, oligarchs, dictators, warlords, kleptocrats and more.

Scott Moritz is a leading authority on white-collar crime, anti-corruption, and in the evaluation, design, remediation, implementation, and administration of corporate compliance programs, codes of conduct. He is also considered an authority in the establishment, training, and oversight of the investigative protocols carried out by financial intelligence, corporate security, and internal audit units.
 

Categories
Compliance Kitchen

Boycotts and Maximum Penalties

 
This episode takes a quick look at changes of OFAC’s Boycott List, removing the UAE and the annual update of OFAC’s maximum civil penalties.
 

Categories
12 O’Clock High-a podcast on business leadership

Goldman Sachs, 100+ Hour Work Weeks and Millennials


Richard Lummis is on assignment this week so I am pleased to host Alyson Van Hooser, well know leadership consultant and coach. She is a partner at Van Hooser Associates. In this episode, we discuss the story of the Goldman Sachs employees and their PP slide deck about working 100+ hours per week. What does this tell us about priorities of and the leadership of Millennials. Highlights include:

  • Many of us worked very long hours early in our professional careers. It does several things: Forces you to learn about a wide variety of topics, work under pressure, weeds out the go-getters from those only along for the ride, ETC. It also makes it very difficult for women who are young mothers. What are your thoughts on a 100+ work week from a leadership perspective?
  • How does this type of attitude work for Millennials?
  • Will businesses, managers and employers have to adjust?
  • I have worked very long hours but never complained because that’s ‘just the way it was’ or it was expected or some other reason. What is it about millennials that they would speak up about that type of treatment?
  • Also at least I could commiserate with my peers about the long hours. But in Covid-19 everyone is working from home and there is largely no support. Has that made a difference?

Resources
Van Hooser Associates
Alyson Van Hooser on LinkedIn

Categories
Daily Compliance News

May 6, 2021 the Facebook Ban edition


In today’s edition of Daily Compliance News:

  • Facebook continues to ban Trump. (WSJ)
  • Goldman Sachs says get thee back to the office. (WaPo)
  • NRA move into bankruptcy may backfire spectacularly. (NYT)
  • FIFA manages to rid of prosecutor investigating it. (FT)
Categories
Daily Compliance News

Daily Compliance News for May 6, 2021


In today’s edition of Daily Compliance News:

  • Facebook continues to ban Trump. (WSJ)
  • Goldman Sachs says get thee back to the office. (WaPo)
  • NRA move into bankruptcy may backfire spectacularly. (NYT)
  • FIFA manages to rid of prosecutor investigating it. (FT)
Categories
Great Women in Compliance

Selena Evans, Innovating and Creating Brave Spaces in Compliance

Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.

As we continue our Spring series we bring Selena Evans onto the show to talk about her Brave Space initiative which is an award winning endeavor, including what other companies can do to build something similar.

This episode also focuses on innovation, particularly how to combat the downsides of innovation.  Often when it comes to this topic we are inclined to talk about the positives of moving the dial, the benefits that come with creativity, inspiration and establishing new best practices.  However naturally when new processes or tools are brought in, that means that some aspects of the status quo need to fall by the wayside.  Colleagues who put in place the previous systems can feel discouraged or even resentful.  Similarly when someone brings a fresh idea that proves popular and receives praise for it, the feelings of those around them can cause resentment due to the positive attention lavished on someone else in the team.  We discuss those elephants in the room and how a Compliance practitioner can better navigate those troubled political waters.

Selena shares with us the best advice she has received from a mentor and Mary wraps up the episode with learnings from one of the biggest FCPA cases of 2020 – the Goldman Sachs case.

The Great Women in Compliance Podcast is proudly featured on the Compliance Podcast Network and sponsored by Corporate Compliance Insights.  If you enjoyed this episode please subscribe to the podcast and rate it on your podcast player to help other compliance professionals find it.  Want to hear more from us?  We have a book, “Sending the Elevator Back Down: What We’ve Learned from Great Women in Compliance” (CCI Press, 2020) which is available on Amazon.com and Book Depository.

If you’ve already read the booked and liked it, will you help out other women to make the decision to leverage off the tips and advice given by rating the book and giving it a glowing review on Amazon?

As always, we are so grateful for all of your support and if you have any feedback or suggestions for our 2021 line up or would just like to reach out and say hello, we always welcome hearing from our listeners.

You can subscribe to the Great Women in Compliance podcast on any podcast player by searching for it and we welcome new subscribers to our podcast.

Join the Great Women in Compliance community on LinkedIn here.