Categories
Daily Compliance News

October 25, 2022 the Crime Victim Status Edition

In today’s edition of Daily Compliance News:

  • DOJ alleges Huawei agent tried to bribe agent. (WSJ)
  • The long-term damage of Fat Leonard. (Foreign Policy)
  • The US updates guidelines on victim and witness assistance. (Reuters)
  • Families of Boeing crash fatalities granted crime victim status. (NYT)
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Daily Compliance News

September 24, 2022 the Boeing Pays Yet Again Edition

In today’s edition of Daily Compliance News:

  • Ex-Chinese Justice Minister arrested for corruption. (BBC)
  • PCAOB puts a year-end deadline on Chinese auditing companies. (Law360)
  • Boeing pays $200MM to settle SEC claims. (NYT)
  • The Celtics coach was suspended. (WSJ)
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The Woody Report

Caremark Claims, Part 2

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 investigations. From current events to topical issues to academic research and thought leadership, Karen Woody helps lead the discussion of these issues on the new and exciting podcast. Today in Part 2, Tom and Karen look at cases in the wake of Marchand, including Clovis Oncology, Boeing and Cardinal Health.

Resources

Karen Woody on LinkedIn

Karen Woody at Washington & Lee, School of Law

Categories
Daily Compliance News

May 17, 2022 the When Customers Complain Edition


In today’s edition of Daily Compliance News:

  • When customers complain. (WSJ)
  • 1st case against crypto for sanctions evasions. (WaPo)
  • Former Trump official brags about corruption on the campaign trail. (NY Magazine)
  • 6 banks settle Singapore rate violations action. (Reuters)
Categories
Compliance Week Conference Podcast

Karen Woody on Board Evolution on the Role of Compliance


In this episode of the Compliance Week 2022 Preview Podcasts series, Karen will discuss some of my presentation at Compliance Week 2022 “Board Evolution”. Some of the issues she will discuss in this podcast and her presentation are:

  • Delve into the evolution of the Caremark doctrine requiring Boards to oversee compliance and explore where the courts and regulators are headed
  • Discuss best practices in managing up to the board, including reporting
  • Examine how to best educate boards and engage them in effective oversight, and what compliance’s role is in that

In this first full compliance conference in over 2 years, I hope you can join me at Compliance Week 2022. This year’s event will be May 16-18 at the JW Marriott in Washington DC. The line-up of this year’s event is simply first rate with some of the top ethics and compliance practitioners around.

Gain insights and make connections at the industry’s premier cross-industry national compliance event offering knowledge-packed, accredited sessions and take-home advice from the most influential leaders in the compliance community. Back for its 17th year, compliance, ethics, legal, and audit professionals will gather safely face-to-face to benchmark best practices and gain the latest tactics and strategies to enhance their compliance programs. and many others to:

  • Network with your peers, including C-suite executives, legal professionals, HR leaders and ethics and compliance visionaries.
  • Hear from 75+ respected cross-industry practitioners who are CEOs, CCOs, regulators, federal officials, and practitioners to help inform and shape the strategic direction of your enterprise risk management program.
  • Hear directly from the two SEC Commissioners and gain insights into the agency’s areas of enforcement and walk away with guidance on how to remain compliant within emerging areas such as ESG disclosure, third-party risk management, cybersecurity, cryptocurrency and more.
  • Bring actionable takeaways back to your program from various session types including ESG, Human Trafficking, Board obligations and many others for you to listen, learn and share.
  • The goal of Compliance Week is to arm you with information, strategy and tactics to transform your organization and your career by connecting ethics to business performance through process augmentation and data visualization.

I hope you can join me at the event. For information on the event, click here. As an extra benefit to listeners of this podcast, Compliance Week is offering a $200 discount off the registration price. Enter discount code discount code TFLAW $200 OFF.

Categories
Daily Compliance News

March 19, 2022 the USAA Fined Edition


In today’s edition of Daily Compliance News:

  • USAA fined over AML deficiencies. (WSJ)
  • Ex-Boeing pilot goes to trial over MAX 737 crashes.  (WSJ)
  • Humphreys settles GSK lawsuit over investigation. (Times of London)
  • Ex-Honduran first lady convicted of corruption. (LATimes)
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Daily Compliance News

January 21, 2022 the Boeing Reopening? Edition


In today’s edition of Daily Compliance News:

  • The Mucci bitcoin ETF plan rejected by SEC. (Bloomberg)
  • AG to meet with families of Boeing disasters. (WSJ)
  • Dealmaking improv? (Reuters)
  • AML to get FinTech boost? (FinExtra)
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Daily Compliance News

January 10, 2022 the Jerks at Work Edition


In today’s edition of Daily Compliance News:

  • SPACs starting downward turn in aerospace. (WSJ)
  • Jerks at work. (NYT)
  • More sleaze from BoJo. (The Art Newpaper)
  • Boeing shareholder suit revived. (Reuters)
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Daily Compliance News

November 6, 2021 the Boeing Settles (again) edition


In today’s edition of Daily Compliance News:

  • Boeing settles shareholder action for $225MM.(WSJ)
  • SEC approach to FCPA enforcement similar to DOJ. (WSJ)
  • com hires 1st CCO. (WSJ)
  • Unaoil invested corrupt monies into UK. (UK)
Categories
Compliance Kitchen

Boeing Chief Technical Pilot Indicted


A Texas grand jury indicts former Boeing 737 MAX Chief Technical Pilot. Listen in for more detail on this development.