Tag: CFIUS

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending February 15, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear the stories every compliance professional should know from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • SEC looks to muzzle shareholders. (WSJ)
  • Was Shell scammed on oil cleanup? (BBC)
  • Acting US Attorney for SDNY quits over Trump interference. (NYT)
  • CFIUS enforcement is likely to continue under Trump. (Reuters)
  • US drops again on TI-CPI. (WaPo)
  • Mike Madigan was found guilty. (Law360) sub req’d
  • A green light for corruption. (FT)
  • CFPB ordered all work to be stopped ‘immediately’. (NYT)
  • Musk is now making referrals to the US Attorney. (Reuters)
  • McKinsey asks if China is too risky. (Bloomberg)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day here.

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Daily Compliance News

Daily Compliance News: February 14, 2025, The Valentine’s Day Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • SEC looks to muzzle shareholders. (WSJ)
  • Was Shell scammed on oil cleanup? (BBC)
  • Acting US Attorney for SDNY quits over Trump interference. (NYT)
  • CFIUS enforcement is likely to continue under Trump. (Reuters)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the FCPA Survival Guide on Amazon.com.

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All Things Investigations

All Things Investigations – CFIUS: Balancing Security, Investment and Innovation with Sean Reilly

Welcome to the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group’s podcast, All Things Investigation. In this podcast, host Tom Fox is joined by Sean Reilly to explore the Nippon Steel/US Steel transaction.

We begin with an in-depth explanation of the Committee on Foreign Investment in the United States (CFIUS) and its role in scrutinizing foreign transactions for national security risks. The conversation highlights the complex and detailed CFIUS filing process, stressing the importance of early compliance counsel involvement to avoid potential roadblocks. The discussion extensively covers the Nippon Steel and US Steel transactions, pointing out key developments and underlying political influences and analyzing how President Biden eventually barred the potential acquisition.

In an addendum, the conversation also touches on recent changes under the Trump administration, emphasizing the need for companies and compliance officers to adapt dynamically amidst rapidly evolving regulations. Sean advises on practical steps for businesses considering transactions that might trigger CFIUS involvement, underscoring the importance of engaging with the committee early and thoroughly. The episode is an essential guide for corporate compliance professionals navigating the complexities of cross-border transactions and national security considerations.

Key highlights:

  • Understanding CFIUS
  • Nippon Steel and U.S. Steel Acquisition
  • CFIUS Concerns and Political Implications
  • Advice for CFIUS Compliance
  • Developments under Trump and Future Outlook

Resources:

Hughes Hubbard & Reed website

Sean Reilly

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2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 43 – The Tribute to Jimmy Carter Edition

What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! Today, Tom and Kristy open 2025 with a rollicking episode starting with a tribute to Jimmy Carter, who signed the FCPA.

 

Stories this week include:

  • Do a premortem on your compliance program this year? (WSJ)
  • Is litigation financing justice? (WSJ)
  • Lady MacBeth lives. (Greek Reporter)
  • Is CFIUS Corrupt? (WSJ)
  • Auditing firms call the value of metrics ‘speculative.’ (FT)
  • On the Front Lines of the Trade War: How Customs Officers Screen for Prohibited Goods at U.S. Ports  (WSJ)
  • Ephemeral and Off-Channel Communications – Are we missing the serious questions?  (Ideas and Answers)
  • Businesses Preparing for Another Year of Geopolitical Tumult  (WSJ)
  • Will 2025 Be the Watershed Year for Return-to-Office Mandates? That Depends. (WSJ)
  • The Florida Man Games Return on March 1, 2025  (thefloridamangames.com)

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

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Daily Compliance News

Daily Compliance News: January 6, 2025 – The Lady MacBeth in 2025 Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you 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. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

  • Lady MacBeth lives. (Greek Reporter)
  • Is CFIUS corrupt? (WSJ)
  • Auditing firms call the value of metrics ‘speculative.’ (FT)
  • Treasury department sanctions Beijing-based cybersecurity company. (NYT)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

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Daily Compliance News

Daily Compliance News: July 10, 2024 The Bars of Gold Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you 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.

Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • In closing, Menendez lawyers say bars of gold are not evidence of bribery. (Reuters)
  • The U.S. plans to conduct a broader analysis of real estate deals near military bases. (WSJ)
  • It’s all about culture—PE destroys another start-up.  (NYT)
  • DOJ targets white collar crime via whistleblowers. (WaPo)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Daily Compliance News

Daily Compliance News: April 15, 2024 – The 1st Criminal Trial Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you 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.

Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

In today’s edition of Daily Compliance News:

  • The US wants to beef up CFIUS. (WSJ)
  • Nigeria recovers $27MM in a corruption probe. (Barron’s)
  • Venezuela arrests more PdVSA execs. (Bloomberg)
  • Silence and omission are not securities fraud. (Reuters)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Daily Compliance News

October 21, 2022 the 45 Days of Liz Edition

In today’s edition of Daily Compliance News:

  • British PM resigns after 45 days. (FT)
  • The US says corruption decimated Zimbabwe. (VOA)
  • Mark Lanier opens the UK office. (Reuters)
  • CFIUS to get tougher. (WSJ)
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All Things Investigations

All Things Investigations: Episode 13 – Tyler Grove on New CFIUS Executive Order

Welcome to the Hughes Hubbard Anti-Corruption and Internal Investigations Practice Group’s Podcast, All Things Investigations. In this podcast, host Tom Fox and returning guest Tyler Grove of the Hughes Hubbard Anti-Corruption & Internal Investigations Practice Group, highlight some of the key legal issues in white-collar investigations, locally and internationally.

 

 

Tyler Grove has worked at Hughes Hubbard for over 10 years, starting as a paralegal and then working his way up to full-time associate before taking the position of counsel. Tyler’s specialties include sanctions and export controls in addition to anti-money laundering and foreign investment issues. His practice has three main areas: compliance counseling, enforcement and investigations, and corporate diligence and filings.

Key areas we explore on this podcast are:

  • The genesis of Executive Order 14083 relating to CFIUS, and what it entails.
  • It’s become a standard follow-up question when making CFIUS filings to ask about a US business’ cybersecurity policies.
  • What is excepted foreign state? 
  • The Biden administration has conducted a holistic approach to business issues that may not have been considered national security issues in the past. 
  • CFIUS has been a flexible tool for the Biden administration to apply foreign policy.
  • How companies should be prepared to respond when asked to provide information or assistance in a CFIUS review.

Resources

Hughes Hubbard & Reed website 

Tyler Grove on LinkedIn

 

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Daily Compliance News

June 29, 2022 the Spies, Lies and Money-Laundering Edition


In today’s edition of Daily Compliance News:
·      Credit Suisse found guilty. (FT)
·      EY hit with a $100MM fine for cheating. (WSJ)
·      Uber ex-security chief facing criminal fraud charges. (Reuters)
·      Does Cfius review include corruption? (WSJ)