Categories
Daily Compliance News

Daily Compliance News: July 20, 2019, Boeing takes a charge edition

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)
Categories
Daily Compliance News

Daily Compliance News: July 4, 2019, the 4th from Paris edition

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)
Categories
Daily Compliance News

Daily Compliance News: June 17, 2019-the Boeing Finally Apologizes edition

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)
Categories
Compliance Into the Weeds

Compliance into the Weeds: Episode 126-Compliance and Complexity

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

Categories
Daily Compliance News

Daily Compliance News: June 3, 2019, the more lessons from Boeing edition

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)
Categories
Daily Compliance News

Daily Compliance News: May 15, 2019-the whistleblower protection edition

In today’s edition of Daily Compliance News:

Categories
Daily Compliance News

Daily Compliance News: May 13, 2019-the regime change edition

In today’s edition of Daily Compliance News:

  • DOJ asks Judge to remove lead defense counsel for Huawei. (NYT)
  • Did cost cutting cause Boeing 737 Max crashes? (Bloomberg)
  • House Financial Services approves bill to overturn Digital Trust Realty. (Radical Compliance)
  • States allege generic drug makers obstructed justice in cartel probe. (Washington Post)
Categories
Daily Compliance News

Daily Compliance News: May 7, 2019-the Welcome to the US edition

In today’s edition of Daily Compliance News:

  • Roger Ng extradicted to US. (New York Times)
  • Closing arguments made in NCAA bribery scandal case. (ESPN)
  • Hell hath no fury like a competitor scorned. (Financial Times)
  • What happens when safety is ‘just a given’ at the Board level? (Washington Post)
Categories
Daily Compliance News

Daily Compliance News: May 6, 2019-the Diamonds are Forever edition

In today’s edition of Daily Compliance News:

Categories
Daily Compliance News

Daily Compliance News: May 1, 2019-the May Day edition

In today’s edition of Daily Compliance News: