As March Madness descends upon us in the bubble this year, Sister Jean leads Loyola of Chicago into the Sweet 16. Tom and Jay are back to look at this week’s stories top compliance and ethics stories which caught their interest on This Week in FCPA.
Stories
1. Universities behaving badly. Tom looks at the KU hiring and firing of Les Miles in a four-part blog post series on the FCPA Compliance and Ethics Blog.
2. Bette Davis and Jim Deloach both say fasten your seatbelts. Jim Deloach in CCI.
3. Do you have a Money Laundering Reporting Officer? Alia Noor in XpertsLeague.
4. How to avoid an OIG investigation. Sara Kropf in Grand Jury Blog.
5. Why do SPACs give compliance fits? Aaron Nicodemus in Compliance Week. (sub req’d)
6. Risk Management and IT Security in WFH. Sam Abadir in Risk and Compliance Matters.
7. Building bridges between compliance and BD. Mike Volkov in Crime Corruption and Compliance.
8. Three significant CCO hires. What does it mean? Nicholas Trutanich to Fox Corp (WSJ); David Searle to Tesla (Bloomberg) and Antonio Fernández to FirstEnergy (WSJ).
9. Why ignoring red flags around Iran is bad. Doug Cornelius in Compliance Building.
10. Paucity of FCPA enforcement in Q1, good or bad? Harry Cassin explore in the FCPA Blog.
Podcasts and Events
11. On The Compliance Life, Rob Chesnut joins me for the month of March. In the first episode, In Episode 1, Rob talks about his academic career at UVA and how its Honor Code influenced his thinking about ethics in his professional career and his his career as an AUSA. In Episode 2, Rob moves cross country to join eBay. In Episode 3, Rob talks about moving into the Chief Ethics Officer role at Airbnb. In Episode 4, Rob looks down the road for compliance.
12. Microsoft has joined the Compliance Podcast Network, with two podcasts, Voice of Data Protection and Uncovering Hidden Risks. In Episode 5 of Voices of Data Protection, Bhavanesh Rengarajan discusses your information governance and records management journey. In Episode 5 of Uncovering Hidden Risks, Raman Kalyan Talhah Mir how far insider risk programs have come.
13. Coffee & Regs joins the Compliance Podcast Network. In this week’s episode, hosts Natalie Silverman visits with Alison Taylor and Victoria Olsen to discuss the compliance playbook for regulagtory change.
14. AMI’s Mikhail Reider-Gordon and Eric Feldman continue their discussion on trends in independent monitoring in this episode of Integrity Through Compliance.
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, the ladies from #GWIC join Tom for a deep dive into written standards.
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.
In this episode of MoForecast, Morrison & Foerster partner James Koukios speaks with fellow partner Dave Lynn about what to expect in SEC regulation under the Biden Administration.
The MoForecast podcast series, produced by global law firm Morrison & Foerster, looks into what we saw in the legal landscape under the Trump administration and how policies might change under President Biden by leveraging the firm’s decades of private practice experience and insight from former government roles. Discover more MoForecast episodes.
About the Speakers
James Koukios is co-chair of Morrison & Foerster’s Securities Litigation, Enforcement, and White Collar Defense Group and serves as co-head of the FCPA + Global Anti-Corruption Practice. James represents companies and individuals in high‑stakes government enforcement actions and complex internal investigations. He previously served as a federal prosecutor at the U.S. Department of Justice (DOJ), where he was the lead prosecutor in two landmark FCPA related trials: United States v. Esquenazi and United States v. Duperval. While at DOJ, James also served as lead prosecutor in United States v. AEY Inc., a defense procurement fraud and export licensing case that served as the basis for the 2016 film War Dogs. He also previously served as Special Counsel to then-FBI Director Robert S. Mueller, III.
James is joined in this episode by:
- Dave Lynn, partner in Morrison & Foerster’s Washington, D.C. office, co-chair of the firm’s Latin Corporate Finance | Capital Markets practice, and former Chief of the SEC’s Division of Corporation Finance
The Morrison & Foerster team is made up of talented defense lawyers, including many who once served as prosecutors and regulators. The team helps firm clients resolve their legal issues by immersing themselves in how their clients think and operate. Learn more about the firm’s Investigations + White Collar Defense, Securities Enforcement, and Corporate Governance groups.
On the latest episode, Brian and Tim return their focus to China by analyzing Xiaomi’s successful court challenge to its CCMC listing and the possible repercussions of the contentious U.S.-China diplomatic session in Anchorage. We then examine a recent sentencing in a sanctions case connected to the Maduro regime and discuss the release of official findings on foreign interference in the 2020 U.S. federal election. Finally, in the Lightning Round, we cover the latest on Nord Stream 2 and new BIS restrictions on Burma.
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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.
Timestamps:
0:10 Introduction and Roadmap
The Rundown
6:07 Xiaomi
23:26 Hong Kong Designations and Sparring in Alaska
36:42 Venezuela Sanctions Sentence
48:56 Findings of Russia Election Interference
58:50 Lightning Round
59:03 Nord Stream 2 Warnings
1:08:32 BIS Restrictions on Burma
1:14:25 Final Thoughts
***Stay sanctions free.***
The headlines from Operation Varsity Blues dominated the news cycle for months – but what happened in higher education after the news trucks left campus?
In Episode 5 of Digging Deeper, Chris Morgan Jones speaks with David Holley about an investigation the K2 Integrity team conducted in the wake of the Varsity Blues scandal and the ripple effect of the FBI’s initial findings on the broader higher education system.
Internal investigations have a variety of triggers and the underlying topics include potential fraud, bribery and corruption, data leakage, and anti-competitive behavior, to name a few. The common objective is to determine whether employee misconduct has taken place.
Listen to all Digging Deeper Episodes:
- Digging Deeper Episode 4: Public Sector Lessons for the Corporate Investigator
- Digging Deeper Episode 3: When Personal Lives Feed Criminal Activity
- Digging Deeper Episode 2: Tales Of Corporate Scams, Frauds, And A Stolen Dali
- Digging Deeper Episode 1: The Con Queen of Hollywood
Digging Deeper, an investigative podcast series by K2 Integrity, helps shine a light on the investigations industry as few can: via the real-world, exceptional practitioners who, day in and day out, conduct this work across sectors and around the globe. Listen in to each episode where guests explore unique cases and share what they uncovered along the way to crack the code for clients. Learn more by clicking here, or subscribe on Apple Podcasts, SoundCloud, Spotify or Stitcher.
In this podcast we discover the history of the practice of insider threat management; the role of technology, psychology, people, and cross-organizational collaboration to drive an effective insider risk program today; and things to consider as we look ahead and across an ever-changing risk landscape.
Welcome to Uncovering Hidden Risks, a broader set of podcasts focused on identifying the various risks organizations face as they navigate the internal and external requirements they must comply with. We’ll take you through a journey on insider risks to uncover some of the hidden security threats that Microsoft and organizations across the world are facing. We will bring to surface some best-in-class technology and processes to help you protect your organization and employees from risks from trusted insiders. All in an open discussion with topnotch industry experts!
Learn More
Subscribe on: Apple Podcasts, Stitcher, Spotify, Google Podcasts, Deezer, TuneIn
Welcome to the only roundtable podcast in compliance. Today, we have a quartet of Tom Fox, Jonathan Marks, Jonathan Armstrong and Jay Rosen for a deep dive into plethora of topics related to Confirmation Hearings. We end with a veritable mélange of rants and shouts outs.
- Jonathan Armstrong bring Scotland to Everything Compliance through the imbroglio the Scottish National Party finds itself in regarding current SNP First Minister Nicola Sturgeon and former SNP First Minister Alex Salmon. Armstrong rants about the EU’s waffling on the AstraZeneca vaccine has potentially cost thousands of lives.
- Jonathan Marks how continuous auditing can lead to continuous monitoring and continuous improvement. Marks rants about MLB’s decision to do away with affiliations with many minor league teams thereby consigning them to the dustbin of baseball history.
- Jay Rosen talks about the ECI 2021 GBES and how retaliation against whistleblowers has skyrocketed. Rosen shouts rants about Captain Jay Baker, spokesperson for the Cherokee County Police Department who said that the Atlanta mass shooting suspect was having a “bad day.”
- Tom Fox sits in this week to discuss how the Alamo can inform a compliance regime. He has an epic rant about the sorry state of Texas politicians who have publicly announced they will protect Wall Street profits earned during the failure of Texas power grid and not make any substantive reforms to the state’s power system.
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 data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com
- Jonathan Marks is Partner, Firm Practice Leader – Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at marks@bakertilly.com
The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.
On April 3rd, 2016, information about 214,488 offshore companies established by Panamanian law firm Mossack Fonseca was leaked. Since the Panama Papers leak, a total of 81 jurisdictions worldwide have passed laws requiring beneficial ownership to be registered with a government authority. The U.S. Government has been openly critical of countries that act as money laundering safe havens and yet we were not taking any steps toward transparency. That changed on January 1, 2021, when both houses of Congress passed the National Defense Authorization Act for Fiscal Year 2021, which includes the Corporate Transparency Act (the Act).
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
No Laughing Matter
Welcome to The Wirecard Saga. In this series, I am joined by Mikhail Reider-Gordon, Managing Director of Institutional Ethics & Integrity at Affiliated Monitors. In this ‘No Laughing Matter’ Episode, we continue our exploration of those persons, entities and governments who have been damaged, some beyond repair, by Wirecard and the nuclear fallout from its scandal. Some of the highlights include:
- Braun’s Innsbruck Villa Geographically Desirable
- Deadbeat Friends
- Robbing Peter to Pay Paul
- Schutz Auf Wiedersehen
- Lucrative Consulting Contracts
- von Erffa: Nothing Out of the Ordinary
- Mildly Mediocre
- EY: We’re All Victims Here
- 2016 Documents Show What EY Really Knew
- COVID Relief for Wirecard
- Hessenthaler Shipped Back to Vienna
- Schellenbacher Pleads Out
- A Day in English Court
- An Apology Wouldn’t Go Amiss