Tag: BCG

10 For 10: Top Compliance Stories For the Week Ending,July 27, 2025

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Post date July 26, 2025
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Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

United Health says it is ‘cooperating’ after reports of a DOJ criminal investigation. (NYT)
BCG refuses to release the results of the external investigation. (FT)
New ABC sheriff in town. (Reuters)
Morgan Stanley screening draws scrutiny. (WSJ)
Carlos Ghosn finally faces justice. (Bloomberg)
What is the cost of the culture of silence at NASA? (WSJ)
Corruption tainting Milan skyline. (Bloomberg)
Companies are stuck in the ‘I-9 hell’ of paperwork. (FT)
Credit Suisse flagged Sanjeev Gupta for corruption, but the bank ignored it. (Bloomberg)
Megadeals are in the offing. (Reuters)

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day, here.

Connect with Tom

You can purchase a copy of my new book, Upping Your Game, on Amazon.com.

Tags ABC, BCG, Morgan Stanley, SFO, United Healthcare

Daily Compliance News

Daily Compliance News: July 25, 2025, The New Sheriff in Town Edition

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Post date July 25, 2025
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Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, including those related to compliance, ethics, risk management, leadership, or general interest, that are relevant to the compliance professional.

Top stories include:

Heathrow boss ‘slept through’ the March fire emergency. (BBC)
United Health says it is ‘cooperating’ after reports of a DOJ criminal investigation. (NYT)
BCG refuses to release the results of the external investigation. (FT)
New ABC sheriff in town. (Reuters)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

Tags BCG, SBC, SFO, United Healthcare

2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 55 – The From Worse to Worser Edition

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Post date July 18, 2025
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What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

Stories this week include:

What happens when your bot goes antisemitic? (NYT)
BRG modeled a plan to settle Palestinians. (FT)
Goldman to demand loyalty oaths. (Bloomberg)
NFLPA head works for private equity. (ESPN)
Bid-rigging in stadium development. (WSJ)
Airbus, ASML, Mistral Bosses Ask EU to Pause AI Rules. (WSJ)
EU Omnibus Simplification Package Update. (Gibson Dunn)
Antitrust Whistleblower Program Launched. (Radical Compliance)
Unfinished Business at the Department of Justice. (Ideas & Answers)
‘Today is his birthday’: Man allegedly stole a tour train high on meth, picked up passengers. (Florida Local 12)

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags antitrust, BCG, bid-riggin, DOJ, EU, Florida Man, whistleblower

Daily Compliance News

Daily Compliance News: July 14, 2025, The Secret Business Sauce-Reading Edition

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Post date July 14, 2025
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Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top compliance stories:

BCG paid approximately $1MM for its moving out Gazans project. (FT)
Indonesia detains former Trafigura employees in corruption probe. (Bloomberg)
Dubai and the offshoring of corruption. (The Conversation)
Amazon uses reading as its secret business tool. (Business Insider)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

Tags Amazon, BCG, corruption, Dubai, Indonesia, Trafigura

10 For 10

10 For 10: Top Compliance Stories For the Week Ending, July 12, 2025

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Post date July 12, 2025
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What happens when your bot goes antisemitic? (NYT)
Spanish PM announces new ABC laws amid graft probe. (Bloomberg)
BCG modeled a plan to settle Palestinians. (FT)
SEC and Solar Wind settle. (Reuters)
Fired officers accuse the NYC Mayor of all PD corruption. (NYT)
Goldman to demand loyalty oaths. (Bloomberg)
NFLPA head works for private equity. (ESPN)
UK to ban NDA. (Reuters)
Turkey uses corruption claims to arrest opponents. (Reuters)
Bid-rigging in stadium development. (WSJ)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day, here.

Connect with Tom

You can purchase a copy of my new book, Upping Your Game, on Amazon.com.

Tags BCG, bid rigging, corruption, Goldman Sachs, Loyalty Oaths, NDAs, NFLPA, SEC, Solar Winds, X

Daily Compliance News

Daily Compliance News: July 8, 2025, The Learning on the Job Edition

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Post date July 8, 2025
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Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, including compliance, ethics, risk management, leadership, or general interest, relevant to the compliance professional.

Top compliance stories:

Learning on the job is getting harder. (FT)
FT Ed Board weighs in on BCG scandal. (FT)
Leaders need to get behind AI, or else. (Business Insider)
The Netherlands is behind in ABC efforts. (NL Times)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

Tags AI, BCG, job learning, Netherlands

Daily Compliance News

Daily Compliance News: July 7, 2025, The Disaster on the River Edition

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Post date July 7, 2025
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Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News. All, from the Compliance Podcast Network. Each day, we consider four stories from the business world, compliance, ethics, risk management, leadership, or general interest that are relevant to the compliance professional.

Top compliance stories:

Where does BRIC go? (NYT)
BCG modeled a plan to settle Palestinians. (FT)
Tony Blair, BCG, and the Palestinians. (FT)
SEC and SolarWinds settle. (Reuters)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

Tags BCG, BRIC countries, Hill Country Flood, SEC, Solar Winds

Everything Compliance

Everything Compliance: Episode 140, The Fall is in The Air Episode

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Post date September 12, 2024
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Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows.

In this episode, we take up a potpourri of topics. We have the quartet of Matt Kelly Jonathan Armstrong, Jonathan Marks, and Karen Moore; all hosted by Tom Fox.

1. Matt Kelly looks at the RTX enforcement action by the State Department. He shouts out to the Brazilian judiciary for standing up the bullying tactics of Elon Musk in their legal dispute.

2. Karen Moore considers the Boston Consulting Group FCPA Declination. She shouts out to the Victorian Lyric Opera Company.

3. Jonathan Armstrong looks at HP and their decision to continue proceedings against the Estate of Mike Lynch after his death. He rants about Claude Wehrle and the Grenfell Tower disaster.

4. Jonathan Marks considers the role of the Audit Committee on a Board. He rants about his beloved Philadelphia Eagles and the NFL having their home opening on a Friday night in Brazil.

5. Tom Fox shouts out to Professor Stephen Bainbridge and his dismantling of the DExit fallacy.

The members of the Everything Compliance are:

• Karen Woody – Is one of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu

• Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com

• Jonathan Armstrong –is our UK colleague and an experienced data privacy/data protection lawyer in London. He can be reached at his new law firm Jonathan.Armstrong@puntersouthall.law

• Jonathan Marks can be reached at jtmarks@gmail.com

• Karen Moore can be reached at Kmoore51@fordham.edu

The host and producer, rantor (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the award-winning Compliance Podcast Network.

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the full 3-book series, The Compliance Kids on Amazon.com.

Tags Audit Committee, BCG, DExit, HP, NFL, Prof. Stephen Bainbridge, RTX, The Compliance Kids

2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 36 – The Fall is Here Edition

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Post date September 6, 2024
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In this episode, Kristy and Tom discuss a range of vital topics in the compliance and legal world. They delve into the implications of the recent election on sanctions and OFAC policies, highlighting a rare decline involving Boston Consulting Group. The episode also covers significant enforcement actions, challenges of corruption in California and South Africa, and the role of chief resilience officers in corporate risk. Additionally, they share quirky and alarming anecdotes, such as a man attempting to check a human as luggage, and emerging trends in the ever-evolving compliance landscape.

Stories Include:

PE Partners loses equity for FCPA violations. (WSJ)
Tough U.S. Sanctions Packages Are Here to Stay—Whether It’s Harris or Trump – (WSJ)
Nordea Bank to pay $35MM for AML violations. (WSJ)
BCG receives a Declination. (WSJ)
RTX to pay $1.2bn for trade sanctions violations. (Radical Compliance)
South Africa investigating $7bn worth of corruption at state-owned enterprises. (Toronto Star)
How California Became a New Center of Political Corruption (NYT)
How Do You Change a Chatbot’s Mind? (NYT)
Now Hiring: Chief Resilience Officer. Do You Have What It Takes? (CCI)
Shrink-Wrapped Florida Man Tries to Check-In as Luggage at Miami International Airport – Simple Flying: HERE

Resources:

Kristy Grant-Hart on LinkedIn

Tom

Tags BCG, chat bots, CRO, Florida Man, Nordea BAnk, RTX, South Africa, trade sanctions

Compliance Into the Weeds

Compliance into the Weeds: The BCG Declination – Key Insights for Compliance

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Post date September 4, 2024
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The award winning, 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. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds!

In this episode, Tom Fox and Matt Kelly take a deep dive into the recent Department of Justice (DOJ) declination for the Boston Consulting Group (BCG).

They highlight why this case garnered significant attention and dissect the substantive actions BCG took to avoid prosecution, including firing implicated employees and forcing equity forfeiture. The duo also explores the seven factors that led to the declination, such as timely self-reporting, full cooperation, and improved compliance measures. The episode provides a comprehensive analysis of the BCG case, offering crucial takeaways for compliance officers on how to handle potential corruption issues and DOJ expectations.