In today’s edition of Daily Compliance News:
Tag: Boeing
In today’s edition of Daily Compliance News:
- Did EY cover up drug money and gold smuggling for a client? (BBC)
- Boeing CEO to testify to Congress “We Made Mistakes”. (NYT)
- Spotify’s CFO, used Direct Listing model to retire. (WSJ)
- Did Game 5 prove you need robotic umps calling balls and strikes? (Washington Post)
In today’s edition of Daily Compliance News:
- Lebanese President bows to anti-corruption fervor. (NBC)
- Softbank rescues WeWork. (WSJ)
- What else haven’t they told us? More trouble for Boeing. (NYT)
- Why we need more storytellers (and less economists)? (Washington Post)
In today’s edition of Daily Compliance News:
- Roger Ng in negotiations with DOJ for guilty plea.(Bloomberg)
- Feds charge CCO with conspiracy to distribute opioids. (WSJ)
- Trump to try and block Amazon contract with Pentagon. (Washington Post)
- Boeing takes $7.3bn charge for 737 MAX scandal. (NYT)
In today’s edition of Daily Compliance News:
- SFO announces new DPA over Bribery Act violations? (SFOPress Release)
- French Police raid Renault headquarters in Paris. (NYT)
- UK launches regulatory probe against online markters. (FT)
- Too little Too Late? (WSJ)
Books reviewed in today’s edition of Daily Compliance News:
- Boeing CEO finally apologizes. (NYT)
- A conversation about hugging in the workplace. (Washington Post)
- SEC fines Chinese bank $42 million for mishandling ADRs. (MarketWatch)
- Israeli Court Convicts Sara Netanyahu of corruption. (Jeruselem Post)
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. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore how the complexity of modern-day corporations can lead to catastrophic failures such as the two crashes of the Boeing 737 Max.
Some of the highlights include:
- Our podcast today was based upon two blog posts we both wrote this week based upon the NYT article The Late Change, and Fatal Flaws in Boeing’s Plane.
- Why and how can complexity lead to catastrophic failre?
- The modern corporation is very siloed. How does this contribute to risk?
- Why every compliance professional should read the NYT article.
- How should you think about systemic risk in your organization’s ecosystem?
- How does the COSO 2013 Internal Controls Framework consider the issue of communication across an organization?
In addition to the great NYT piece check out the following resources:
Matt’s blog post-Another Lesson from Boeing-Silos
Tom’s blog post-Boeing and More Compliance Lessons
In today’s edition of Daily Compliance News:
- Lengthy detail of Boeing miss-steps in 737 Max software issue. (NYT)
- What price did a whistleblower pay in tennis for reporting match fixing? (NYT)
- UK freezes home ownership for 3 homes purchased with unexplained wealth. (BBC)
- Jamie Diamond criticizes Wells Fargo for having no CEO succession plan. (FT)
In today’s edition of Daily Compliance News:
- FCA Whistleblowers given additional protection by US Supreme Court . (Mondovisione)
- More regulatory on capture of the FAA by Boeing? (Wall Street Journal)
- Why good governance matters. (Financial Times)
- CEO pays fine, penalty includes teaching business ethics. (Yahoo Business News)
