In this episode, I welcome back Vin DiCianni, Chief Executive Officer (CEO) and founder of AMI. We discuss the early days of AMI. DiCianni drew as inspiration for AMI, a number of special Commissions that were created by New York City to address improprieties by construction contractors in building public schools in New York City. Out of those Commissions arose the concept of Independent Private Sector Inspector General (IPSIG) and the model was to bring accounting, legal, and engineering skills into the oversight of construction contractors who were about to lose a contract because of some type of violation of the terms of the contract. This IPSIG model was used to provide oversight for these contractors so that the buildings needed could get built. However, this IPSIG model was very intrusive, with the monitor literally in the back pocket of the contractor reviewing accounting records, engineering drawing and contracts on an almost continuous basis. DiCianni envisioned a less intrusive, more collaborative model. Yet he noted it took time to convince all the relevant parties, the regulators, defense counsel and companies of the effectiveness of this approach. He said there were three key factors in this process.
They were (1) to convince the regulators that a truly independent monitor not only had advantages but would work; (2) many government agencies and state oversight boards did not want to put the licensed companies and persons out of business because the government and people in a state needed the services; and (3) economic pressures which caused cut-backs to funding and the regulators simply did not have the head count to fulfill the oversight role that an independent monitor can perform. DiCianni was able to answer these questions and others; all of which helped in the formation and growth of AMI.
For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit Affiliated Monitors at www.affiliatedmonitors.com.
Welcome to a special five-part podcast series, A Conversation with Skillsoft and StoneTurn: From the Code of Conduct to Risk Assessment to Continuous Improvement. This week’s podcast series is jointly sponsored by Skillsoft and StoneTurn Group, LLP. In this podcast series we will explore the recently released 2020 Update to the Department of Justice’s (DOJ) Evaluation of Corporate Compliance Programs (2020 Update). We focus on your Code of Conduct and how it is informed by your Risk Assessment, training on your Code of Conduct, performing a Risk Assessment and conclude with how all this ties to continuous monitoring and continuous improvement. Participants in this podcast series include: from Skillsoft, Charlie Voelker, Director, Compliance Products; John Arendes, Vice President and GM of Global Compliance Solutions; from StoneTurn, Toby Ralston, Managing Director, Jamen Tyler, Managing Director and Stephen Martin, Partner. In this third episode, I visit with Jamen Tyler on conducting an effective risk assessment.
We began with some of Tyler’s top tips for conducting a risk assessment. She began that everyone needs to understand that risk assessments are about putting together and thinking about all of your risks. This means typically thinking about risks falling into kind of four buckets. They are (1) financial, (2) operational (3) legal/regulatory and (4) reputational. While most companies are pretty well versed in conducting risk assessments for financial and operational risks; legal regulatory and reputational can be just as harmful. This means a company needs to think critically about those final two buckets of risk, in addition to the more traditional financial operational risks. This means targeting specific risk areas by subject matter and even breaking it down to specific geographies or business units, can be both more efficient. It can also help to insure you are conducting risk assessments on a timely basis.
Join us tomorrow where I visit with John Arendes, Vice President and GM of Global Compliance Solutions at Skillsoft, who helps us take a deep dive into assessing your risks and using that process to then manage those risks.
Webinar
If you enjoyed today’s podcast, I want to let you know about an upcoming webinar Skillsoft and StoneTurn are hosting. The webinar “Evolving Your Compliance Program” will be held on Wednesday Sept 23 and will explore how companies are leveraging data and information to improve and evolve their compliance programs. Information and Registration click here.
Resources
For more information on Skillsoft’s compliance offerings, click here.
For more information on the Skillsoft/StoneTurn partnership, click here.
For more information on StoneTurn, click here.
Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. As the Voice of Compliance, I wanted to start a podcast which will help to bring both clarity and sanity to the compliance practitioner and compliance profession during this worldwide health and healthcare crisis. In this episode, I am joined by Vin DiCianni, founder and CEO at Affiliated Monitors, Inc. We discuss challenges from isolation in this work from home environment and how compliance Ambassadors can facilitate and more fully operationalize compliance.
For more information on Affiliated Monitors, Inc. check out their website here.
Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.
The Great Women in Compliance Podcast introduces another two-part series this week, featuring Sonia Zeledon of The Hershey Company. Sonia shares the philosophy of the Company: “Doing well by doing good” which seems like a dream environment for a Compliance Officer to walk into and Sonia shares how to not let such a front foot position lead to complacency.
Sonia discusses the company’s supplier code of conduct and how it’s at the heart of the company’s supply chain Compliance program. She also canvasses the intersection between privacy and compliance in her role and how the show had to go on during COVID-19. She also draws on her previous experience specializing in national security and shares with us some of the considerations when working in a Compliance function which must prioritize national security risk.
Lisa and Mary are currently busy working on the Great Women in Compliance book with Corporate Compliance Insights. One of the most enjoyable aspects of publishing the book is planning the launch party. The team is looking forward to sharing the details with their audience shortly and hopes that you all will be able to attend and raise a glass to toast all of the wonderful Great Women in Compliance that you know, starting with yourselves. Watch this space for further details!
Join the Great Women in Compliance community on LinkedIn here.
Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode Matt comes in smoking hot over the Trump Administration’s attempted evisceration of the US Postal Service. He cools down to present multiple lessons for the compliance professional.
Some of the highlights include:
- What is the controversy?
- What happens when the CEO has a conflict of interest with his own organization?
- What happens when business objectives conflict with business priorities?
- How the amplification of social media can create undue pressures.
Resources
See Matt’s blog post, Governance Lessons from the Postal Service on Radical Compliance.
As organizations outsource more and more of their processes, the #risk associated with managing those vendor relationships goes up. Organizations may think they are removing the risk by #outsourcing, but they are only sharing or transferring a portion of the risk. Just ask the countless organizations that found themselves holding the bag on a multi-million dollar fine or penalty when their vendor wasn’t compliant.
In this #jammingwithjason #internalauditpodcast I speak with Rick Roybal about the importance of having mentors in your career and risk around third-party, vendor risk management.
Listen in at: http://www.jasonmefford.com/jammingwithjason/
Registration for the Fall 2020 Oil & Gas Vendor Roundtable mentioned during the episode is now open. When you are ready, visit https://www.vendoraudit.org/fall2020ogvr to see the speaker lineup (and you will see Jason’s smiling face).
Just a few details for you:
– If you work for an operator, there is no cost to you.
– There are a limited number of seats available.
– Dates: October 28-29.
– CPEs offered
Register for the Oil & Gas Vendor Roundtable at: https://www.vendoraudit.org/fall2020ogvr
Make sure to check also out The Tour Report podcast with Rick (especially if you are in the oil and gas sector) at: https://www.vendoraudit.org/tourreport
The Compliance Life details the journey to and in the role of a Chief Compliance Officer. How does one come to sit in the CCO chair? What are some of the skills a CCO needs to success navigate the compliance waters in any company? What are some of the top challenges CCOs have faced and how did they meet them? These questions and many others will be explored in this new podcast series. Over four episodes each month on The Compliance Life, I visit with one current or former CCO to explore their journey to the CCO chair. This month, my guest is Louis Sapirman, Vice President, Chief Ethics & Compliance Officer and Chief Compliance Counsel for Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. He oversees the company’s regulatory and compliance function, maintaining a culture of ethics, and ensuring all employees are upholding Panasonic’s longstanding values in their work.
Louis previously served as Associate General Counsel & Chief Compliance Officer for the Dun & Bradstreet Corporation. During his tenure as CCO, the company was recognized as one of the World’s Most Ethical Companies by the Ethisphere Institute. Prior to moving in-house, Louis worked in private practice with several law firms including Wilmer Cutler Pickering Hale & Dorr and Buchanan Ingersoll. Throughout his career, Louis has been recognized for his work. In both 2015 and 2016, the Ethisphere Institute named him to their list of Attorneys Who Matter in Compliance and Ethics, and in 2010 he was named International Employment Lawyer of the Year by the Association of Corporate Counsel.
In this Episode 3, Sapirman discusses how communications can be used to help drive a more ethical culture. Sapirman believes that communication as a driver of culture. But more than simply being a great communicator, a compliance practitioner must use skill to help others communicate the messages of ethics and compliance. He discusses the concept of 360-degree communications. He is a big fan of social media and the power of non-verbal communications. He concludes with an example of how he used training as an effective tool of communications.
Welcome to a special five-part podcast series, A Conversation with Skillsoft and StoneTurn: From the Code of Conduct to Risk Assessment to Continuous Improvement. This week’s podcast series is jointly sponsored by Skillsoft and StoneTurn Group, LLP. In this podcast series we will explore the recently released 2020 Update to the Department of Justice’s (DOJ) Evaluation of Corporate Compliance Programs (2020 Update). We focus on your Code of Conduct and how it is informed by your Risk Assessment, training on your Code of Conduct, performing a Risk Assessment and conclude with how all this ties to continuous monitoring and continuous improvement. Participants in this podcast series include: from Skillsoft, Charlie Voelker, Director, Compliance Products; John Arendes, Vice President and GM of Global Compliance Solutions; from StoneTurn, Toby Ralston, Managing Director, Jamen Tyler, Managing Director and Stephen Martin, Partner. In this second episode, I visit with Voelker on how a Risk Assessment informs your Code of Conduct.
We began with an exploration of why the Code of Conduct is so foundational to a compliance program in general. Voelker said, the “Code of Conduct is a way of capturing the risks and the issues that the organization faces. These are the major concerns that, that the organization has in terms of the type of business it is in, where it is operating and other factors of that nature.” Moreover, “by capturing those major issues within a training experience that is delivered across the organization and to all employees, it helps to level set everybody within the company in terms of what are those issues that are sort of top of mind for the company, what are the areas that as an employee needs to be focused on. Also, for employees, the Code of Conduct is a source of that information and also about where to go for more help. In many cases, a Code of Conduct will point to other policies or procedures or other resources that serve to provide that support that employees might need as they go about their day-to-day business.”
One of the key themes of the 2020 Update was of the importance of a risk assessment to all aspects of your compliance program. Additionally, the 2020 Update made clear the relationship between risk assessment and Code of Conduct training going forward. A risk assessment informs the content of the company’s Code of Conduct itself by identifying the topics and the issues that relate to the risks the organization faces.
Join us tomorrow where Jamen Tyler, Managing Director at StoneTurn, helps us take a deep dive into Risk Assessments.
Webinar
If you enjoyed today’s podcast, I want to let you know about an upcoming webinar Skillsoft and StoneTurn are hosting. The webinar “Evolving Your Compliance Program” will be held on Wednesday Sept 23 and will explore how companies are leveraging data and information to improve and evolve their compliance programs. Information and Registration click here.
Resources
For more information on Skillsoft’s compliance offerings, click here.
For more information on the Skillsoft/StoneTurn partnership, click here.
For more information on StoneTurn, click here.
Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. As the Voice of Compliance, I wanted to start a podcast which will help to bring both clarity and sanity to the compliance practitioner and compliance profession during this worldwide health and healthcare crisis. In this episode, I am joined by Eric Feldman, SVP at Affiliated Monitors, Inc. We discuss the role of the Board of Directors in establishing corporate culture during the time of Coronavirus, corporate governance issues and compliance in the Supply Chain during Covid-19.
For more information on Affiliated Monitors, Inc. check out their website here.