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Compliance Into the Weeds

Compliance into the Weeds: Amplified Risks: Navigating Corporate Challenges in the Age of Social Media

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this episode of Compliance into the Weeds, Tom Fox and Matt Kelly discuss the bot attack on Cracker Barrel during its abortive name change imbroglio.

They explore the notion that social media risk is not a new concept, but rather an amplifier of existing risks for companies. It discusses the heightened potential for misinformation about a company’s values and how social media platforms have magnified this risk. Regulatory measures and accountability issues are addressed, with a nod to the role of prominent figures like Elon Musk. The episode underscores the inevitable, albeit unfair, reality of managing these amplified risks in today’s digital landscape.

Key highlights:

  • Introduction to Social Media Risks
  • Amplification of Existing Risks
  • Challenges in Managing Misconceptions
  • The Unavoidable Reality of Social Media Accountability

Resources:

Matt on Radical Compliance

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A multi-award-winning podcast, Compliance into the Weeds was most recently honored as one of the Top 25 Regulatory Compliance Podcasts, a Top 10 Business Law Podcast, and a Top 12 Risk Management Podcast. Compliance into the Weeds has been honored with a Davey, Communicator, and W3 Award for podcast excellence.

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2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 36 – The Fall is Here 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!

In this episode, Kristy and Tom discuss a range of vital topics in the compliance and legal world. They delve into the implications of the recent election on sanctions and OFAC policies, highlighting a rare decline involving Boston Consulting Group. The episode also covers significant enforcement actions, challenges of corruption in California and South Africa, and the role of chief resilience officers in corporate risk. Additionally, they share quirky and alarming anecdotes, such as a man attempting to check a human as luggage, and emerging trends in the ever-evolving compliance landscape.

Stories Include:

  • PE Partners loses equity for FCPA violations. (WSJ)
  • Tough U.S. Sanctions Packages Are Here to Stay—Whether It’s Harris or Trump – (WSJ)
  • Nordea Bank to pay $35MM for AML violations. (WSJ)
  • BCG receives a Declination. (WSJ)
  • RTX to pay $1.2bn for trade sanctions violations. (Radical Compliance)
  • South Africa investigating $7bn worth of corruption at state-owned enterprises. (Toronto Star)
  • How California Became a New Center of Political Corruption (NYT)
  • How Do You Change a Chatbot’s Mind? (NYT)
  • Now Hiring: Chief Resilience Officer. Do You Have What It Takes? (CCI)
  • Shrink-Wrapped Florida Man Tries to Check-In as Luggage at Miami International Airport – Simple Flying: HERE

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

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Daily Compliance News

Daily Compliance News: November 7, 2023 – The Apology Accepted 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.

  • ICO apologizes to the ex-Nat West chief. (FT)
  • A 70-hour work week in India? (BBC)
  • Integrity in cricket. (University of Sussex)
  • Do chatbots violate anti-wiretap laws? (Reuters)