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…
To the surprise of absolutely no one, former Corsa Coal executive Charles ‘Hunter’ Hobson was found guilty last week for FCPA violations. As most readers of this blog know, I…
There was a time when the risk of artificial intelligence could be discussed as a forward-looking innovation issue. That time has passed. AI governance now sits squarely at the intersection…
Corporate compliance professionals spend a lot of time talking about controls, training, third parties, and investigations. Yet the hard truth is that the most important control environment sits above all…
Artificial intelligence is no longer a future-state technology risk. It is a current-state governance issue. If AI is being deployed inside governance, risk, and compliance functions, then it is already…
There are court rulings that quietly shape doctrine, and others that detonate assumptions. The recent decision of Judge Jed Rakoff from the Southern District of New York in United States…
Embedded explainability is the design choice to build “the why” directly into a system as it operates, rather than bolting on an explanation after the fact. In practical terms, it…
There is a comforting myth circulating in corporate hallways and boardrooms: if we deploy AI across governance, risk, and compliance, the work will shrink. Investigations will move faster. Monitoring will…
Reaching 300 episodes is no small feat in the world of podcasting. It takes vision. It takes discipline. It takes community. Most of all, it takes purpose. The Great Women in…
The Foreign Corrupt Practices Act (FCPA) trial of a former coal company executive offers a real-time reminder that FCPA cases are rarely about a single payment. They are about systems; how…
Ethics and Compliance programs are entering 2026 under pressure from every direction at once. Enforcement signals are uneven and often contradictory. Regulatory expectations are evolving without clear glide paths. Boards…
