Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate…
An automated compliance system can operate exactly as configured and still fail to perform the function the organization needs. That distinction is central to FinCEN’s findings concerning Bank of America’s…
A compliance program is tested when someone identifies a risk that the business would prefer not to address. The question is not whether compliance can produce a memorandum. The question…
Ed. Note: This month, on his podcast series Popcorn and Compliance, Tom Fox dives deep into the first five Frankenstein movies. Over October, Tom Fox will consider Frankenstein, The Bride…
I don’t just enjoy movies for my annual October Movie Monster-fest. I have been reading Tom Mead’s Joseph Spector mysteries, and the puzzles have brought me back to a question…
Paying a penalty and demonstrating an effective compliance program are different tasks. The AMEX enforcement actions make that distinction concrete. In Part 1, we examined the OCC’s $350 million civil…
A compliance risk assessment should describe the business the company actually conducts. What happens when it does not? The AMEX enforcement actions provide a consequential answer. On October 8, 2026,…
This week we have concluded our lengthy exploration of the philosophical underpinnings of the modern corporate compliance program. We have examined Hannah Arendt and her concepts of personal responsibility and…
Ed. Note: This month, on his podcast series Popcorn and Compliance, Tom Fox takes a deep dive into the first five Frankenstein movies. Over October, he will cover Frankenstein, The…
This week we will continue our lengthy exploration of the philosophical underpinnings of the modern corporate compliance program. We have looked at, or will look at, Hannah Arendt and her…
This week we will conclude our lengthy exploration of the philosophical underpinnings of the modern corporate compliance program. We have examined Hannah Arendt and her concepts of personal responsibility and…
