Tag: Carrie Penman

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FCPA Compliance Report

FCPA Compliance Report – Carrie Penman with Insights from The SEC’s Office of The Whistleblower Annual Report

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes back Carrie Penman from Navex with insights from the SEC’s Office of the Whistleblower Annual Report.

Carrie Penman is a seasoned compliance professional and writer with a profound understanding of the surge in whistleblower reports and concerns in the SEC’s office. Penman’s perspective on the topic is that the significant rise in whistleblower tips being reported to the SEC is due to high-profile cases where whistleblowers have received substantial financial awards, which has raised awareness among employees and encouraged them to utilize the whistleblower program.

She also notes a decrease in internal reporting on accounting-related issues, suggesting that organizations should further examine this trend. Penman emphasizes the importance of addressing retaliation issues and fostering a culture that encourages internal reporting. She advocates for training first-line managers and supervisors to properly handle and escalate whistleblower reports, viewing the increase in whistleblower reports as a long-term issue that requires a multi-pronged effort and cultural change within organizations. Join Tom Fox and Carrie Penman on this episode of the FCPA Compliance Report to delve deeper into this topic.

Key Highlight:

  • Increase in Whistleblower Tips and Rewards
  • The Discrepancy Between Internal and External Reporting
  • The Crucial Role of First-Line Managers and Supervisors in Addressing Employee Concerns
  • Building a robust culture of speaking up

Resources:

Carrie Penman on LinkedIn

Navex

Tom Fox

Instagram

Facebook

YouTube

Twitter

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Compliance Week Conference Podcast

Carrie Penman on More is Better! Empowering Compliance with Risk-Signal Data

In this episode of the Compliance Week 2022 Preview Podcasts series, Carrie will discuss some of her presentations at Compliance Week 2022, “Navigating the Global Regulatory Environment.” Some of the issues she will discuss in this podcast, and her presentations are:

  • Engage in a conversation on how hotline data can become a critical flow of information that, like the proverbial canary in the coalmine, can tip the business off to issues. At the same time, they are much more easily addressed.
  • Explore how other business functions (e.g., accounting, marketing, sales) have a steady flow of data at their fingertips used to help the business make strategic decisions.
  • Discuss how hotline data can be used as a pivotal business tool to proactively guide important decisions across risk, compliance, and the business at large.

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 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 face-to-face to benchmark best practices and gain the latest tactics and strategies to enhance 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 enforcement areas, and walk away with guidance on remaining 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, 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 on the registration price. Enter discount code TFLAW $200 OFF.

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Great Women in Compliance

Carrie Penman on the Convergence of Compliance and Operational Risk


Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley. In episode 49, Mary Shirley, speaks with Carrie Penman, Chief Compliance Officer at Navex Global. They visit about the convergence of compliance risk and operational risk.
Once referred to by Matt Kelly as a “national treasure”, the GWIC team is pleased to feature Carrie Penman, Chief Risk and Compliance Officer of Navex Global in episode 49. Mary speaks with Carrie about the convergence of operational and compliance risk, what it’s like being a Compliance professional at a Compliance vendor as opposed to in-house in other industries and Carrie shares two of her favorite success stories with us – because GWIC believe it’s important to celebrate in the successes of other women.
Of course, we would be remiss not to tap into Carrie’s insider insights as a specialist within the world of reporting hotlines.  So we ask her for a behind the scenes peak as to her thoughts on the common pitfalls companies make when rolling out reporting mechanisms and how to best troubleshoot these issues.  We spend time discussing what companies can do to make their hotline a success, including concerted efforts to re-vamp your reporting line communications campaign and why it’s important to re-visit it, as well as the difficult topic of Compliance Officers sometimes being the most reluctant to speak up.
Mary wraps up the episode by sharing a simple tip for positively drawing attention to your achievements by inserting favorable adverbs when mentioning your work – something that studies show men are typically much better at than their female counterparts, so let’s level the playing field by putting the advice into action!
It’s an episode packed with high value content and as always, Carrie Penman is a crowd pleaser.
Join the Great Women in Compliance community on LinkedIn here.