Categories
This Week in FCPA

Episode 284 – The Holmes Found Guilty Edition


Jay returns from a lengthy holiday assignment to join Tom to look at some of the week’s top compliance and ethics stories this week in the Holmes Found Guilty edition.
Stories

  1. Elizabeth Holmes was found guilty. The Verdict (WSJ), What does it mean for Silicon Valley? (NYT), What about the victims? (Bloomberg), Will Holmes serve any time? (Fortune)
  2. 2022 to be a critical year in ESG reportingMike Munro and Guido Van Druen in a CCI.
  3. Top D&O stories from 2021. Kevin LaCroix in D&O Diary
  4. Airbnb spanked over Cuba. Mengqi Sun in WSJ Risk & Compliance Journal.   
  5. MorganStanley fined $60MM over a data breach? Aaron Nicodemus in Compliance Week (sub req’d).
  6. China’s new ABC guidelines. Andrew Reeves and Rongxin Huang in the FCPA Blog.  
  7. The ‘G’ in ESG. Lawrence Heim in PracticalESG.
  8. Key areas for BOD oversight in 2022. Holly Gregory in Harvard Law School Forum on Corporate Governance
  9. Audrey Harris joins AMI.
  10. Broadcat sold. Broadcat Press Release.

Podcasts 

  1. Want some fun? Join Tom and One Stone Creative co-founder Megan Dougherty to explore the full MCU. In their most recent posting, check out Episode 3, Iron Man.  
  2. In January on The Compliance Life, I visited Valerie Charles, a partner at StoneTurn. Val has one of the most interesting journeys in compliance. In Part 1, she discusses her academic background and early professional career. 
  3. The Compliance Podcast Network welcomes Professor Karen Woody and her new podcast, Classroom Insider. Karen interviews some of her students to tell insider trading history in this unique pod. Check out Episode 1, where they discuss the history of insider trading. In  Episode 2, the disclosure or abstain rule. Episode 3 will take up narrowing the scope of the disclose or abstain rule. 
  4. Mikhail Reider-Gordon returns in Lies, Spies & Corporate Crimes: The Wirecard Saga, with Season 2, Episode 2 The Vagabond Rapping At Your Door.
  5. Check out 31 Days to a More Effective Compliance Program returns, which runs from January 1 to January 31. Available on the Compliance Podcast NetworkMegaphoneiTunes, and other top podcast platforms. 

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.  

Categories
Daily Compliance News

January 4, 2022 the Why Upgrade Edition


In today’s edition of Daily Compliance News:
·       Airbnb settles Cuba trade sanction case. (WSJ)
·       Danske Bank builds out its compliance function. (WSJ)
·       How much does outdated data protection cost a business? (Reuters)
·       Why perform DD pre-acquisition. (Reuters)

Categories
The Compliance Life

Rob Chesnut – Chief Ethics Officer at Airbnb


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 Rob Chesnut, whose most recent position was as the Chief Ethics Officer at Airbnb. He is also the author of the best-selling book,  Intentional Integrity: How Smart Companies Can Lead an Ethical Revolution with St Martin’s Press.
In this third episode, Rob talks about his move in 2016 to Airbnb as GC and what it was like in those early days. We talked about Rob’s move to the role of Chief Ethics Officer at Airbnb. We chat about his ‘Integrity Belongs Here’ initiative and conclude with some of the things he learned moving to the Chief Ethics Officer chair.