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Daily Compliance News

December 14, 2022 – The Who is Eva Kaili Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you four compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee and listen to the Daily Compliance News. All from the Compliance Podcast Network.

Stories we are following in today’s edition of Daily Compliance News:

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Never the Same

Anti-Bribery and Anti-Corruption Will Never Be the Same

After the Russian invasion of Ukraine, the business world will never be the same again. Deputy Attorney General Lisa Monaco recently said that the world’s “geopolitical landscape is more challenging and complex than ever. The most prominent example is, of course, Russia’s invasion of Ukraine.” It is “nothing less than a fundamental challenge to international norms, sovereignty and the rule of law that underpins our society.” This is even more so in the current business climate. Over this five-part podcast series, I will consider how the business will never again be the same and how a confluence of events has changed business forever. I am joined in this exploration by Brandon Daniels, CEO of Exiger. We will explore the irrevocable changes in Supply Chain, trade and economic sanctions, anti-corruption, cyber-security and ESG. In Part 3, we look at the changes wrought in anti-bribery and anti-corruption. Highlights include:

·      The Biden Administration Strategy on Combatting Corruption.

·      Bribery and corruption are never stand-alone offenses.

·      Corruption as a national defense issue.

·      Corruption is used by dictators and strongmen to spread disinformation and destroy democracy.

·      Modern slavery as a corruption issue.