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…
When it comes to corporate compliance, transparent and effective communication is non-negotiable. Your employees are not only the first line of defense but are also the customers of your compliance…
The Telephonica Venezuela FCPA enforcement action reminds us that third-party risk management is one of the most critical components of a corporate compliance program. From suppliers and distributors to agents…
The Chief Compliance Officer (CCO) role is essential in building an organization that meets regulatory standards and upholds a robust ethical culture. But what should the CCO be reporting to…
Last week, the Department of Justice (DOJ) announced a resolution of a Foreign Corrupt Practices Act (FCPA) enforcement action involving Telefónica Venezolana, the Venezuelan subsidiary of Telefónica S.A. (Telefónica) involving…
The DOJ’s message from the 2024 ECCP is clear: if companies want to maintain credibility, mitigate risks, and avoid scrutiny, they must embrace data analytics to support and document their…
The 2024 ECCP demands data-backed evidence of a genuine, embedded compliance culture. The DOJ’s stance is clear: a company’s commitment to compliance is only credible if it’s supported by data…
Gone are the days when culture audits were an optional extra; they are now a core element for assessing employee engagement, ethical perceptions, and trust levels across all tiers of…
This 2024 ECCP is groundbreaking for several reasons. Not only does it elevate the role of compliance culture, but it also requires companies to take measurable steps to ensure a…
In the DOJ’s 2024 update to the Evaluation of Corporate Compliance Programs (2024 ECCP), compliance professionals face new expectations that could reshape how we approach compliance programs. In this latest…
I am more than beyond thrilled to announce the First Annual Compliance Podcast Network Agora Award for Excellence in Podcasting, a celebration that honors those who have used podcasting to…
