Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to 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.
Tag: China
What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in their podcast, 2 Gurus Talk Compliance, as they dive into hot compliance topics. This episode covers the potential crisis with due diligence in China, highlights from the Compliance Week 2023 National Conference, and a recent fraud case. They also discuss strategies for managing distributor risk, stakeholder management, and the need for AI regulation. With its unique insights and engaging storytelling, this podcast is a must-listen for anyone in compliance. Take advantage of the latest episode of 2 Gurus Talk Compliance, and stay ahead of the curve!
Highlights Include:
· Philips FCPA Enforcement Action and Distributor Risk Management
· Stakeholder Strategy for Ethical Business Practices
· Risks of Due Diligence in China for US Companies
· Risks of Conducting Investigations in China
· Quantitative skills, AI regulation, and challenges
· Tech Hearings & Messaging Compliance Reform
· The Problems with Ephemeral Messaging and Hot Desking
· The Myth of Informal Office Collaboration
· IRS Scam Calls and Sanctions Compliance
Resources
- Board governance and Strategy in a Changing Economic Landscape.
- How to Create a Stakeholder Strategy
- Messaging crackdown
- Corporate Crime and National Security
- Philips pays SEC $62 million to resolve China FCPA violations
- U.S. Companies in China Worry Due Diligence Will End in Spy Dramas
- OpenAI Founder Calls for the Global Regulation of Artificial Intelligence
- Why Employees Hate Hot-Desking
- Travis County cautions of ongoing jury duty fraud calls
Connect with Kristy Grant-Hart on LinkedIn
Tom
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.
Stories we are following in today’s edition:
- Meta channels their inner Ronnie Feldman. (WSJ)
- BODs wake up to cyber security risks. (FT)
- The lawyer doesn’t want the name disclosed. (Reuters)
- What is geo-strategic corruption? (The Conversation)
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.
Stories we are following in today’s edition:
- China goes after more foreign businesses. (NYT)
- Pakistan arrests former PM. (FT)
- Goldman Sachs pays to end the gender discrimination suit. (Reuters)
- The need to crunch at B-school. (Bloomberg)
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.
Stories we are following in today’s edition:
- Doing business in China is getting much riskier. (NYT)
- Canada passes anti-forced labor law. (WSJ)
- Guilty verdict in NFT insider trading trial. (WSJ)
- EU seeks to harmonize ABC laws. (EUObserver)
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.
Stories we are following in today’s 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.
Stories we are following in today’s 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.
Stories we are following in today’s edition of Daily Compliance News:
In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably towards a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part series, Tom Fox and Brandon Daniels, CEO of Exiger, a global leading third-party and supply chain management software company, explore issues diverse as real danger, supply chain, exports, cyber-attacks and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In concluding Part V, we consider the roles of governments, businesses and thought leaders in leading the US business efforts in this coming conflict.
After uncovering a “constellation of disconnected issues” that are actually interconnected, Brandon Daniels must use regulation, funding and evangelism to incentivize public markets, combat the cyber threat and prevent conflict with China in order to protect national security. We discuss the importance of good compliance to good business; explore the government’s role in regulating cyber security, funding infrastructure upgrades, and incentivizing public markets and the role of businessmen and thought leaders. He also noted how conflicts with China can put companies out of business and the essential role of compliance in weathering the storm. His ultimate conclusion was that “good compliance is good business.”
Key Highlights
1. How has the government’s role changed in responding to the constellation of interconnected business and legal issues present today?
- What role do the public markets play in incentivizing investments in new technology and alternative energy?
- How can a company ensure good compliance to ensure good business?
Notable Quote
“Good compliance is good business – we saw that so unbelievably clearly during the pandemic, and I think we could learn something from an old adage and renew that view that good compliance process is good business process.”
Resources
Tom Fox
Connect with me on the following sites:
Other episodes in this Series:
Episode 1-From Potential Conflict to Real Danger
In the short span of the 21st Century, the world’s two top powers, the United States and China, have moved inexplicably toward a showdown. This evolved from a commercial competition into something more akin to permanent non-kinetic warfare. What does this mean for US business doing business in and with China? In this special 5-part Series, Tom Fox and Brandon Daniels, CEO of Exiger, a leading global third-party and supply chain management software company, explore issues diverse as a real danger, supply chain, exports, cyber-attacks, and IP theft from the business perspective and give the compliance and business executive their viewpoints on what you can do to not only prepare your company but protect it as well. In Part IV, China’s aggressive tactics to steal intellectual property, we consider the responses to protect the US’s IP and how to take aggressive action against the Chinese government to seek remuneration for stolen assets.
What are China’s aggressive tactics in stealing intellectual property from countries all over the world? Through intelligence gathering, academic partnerships, and supply chain buyouts, China has managed to copy and counterfeit American business products and other technologies. Companies must harden their defenses and refuse to stand for IP theft by using the Rule of Law to take a stand against the theft of US intellectual property. Through a concerted effort, companies can fight back and reclaim their assets.
Key Highlights:
1. How is China aggressively stealing intellectual property and technology?
- How is counterfeiting built into the Chinese economic model?
- Why is the Rule of Law a critical recourse for companies whose intellectual property is stolen by China?
Notable Quote
“We foment innovation everywhere; anyone, anywhere, can be an innovator, can invent, and can end up getting the rewards from that.”
Resources
Tom Fox
Connect with me on the following sites:
Other episodes in this Series:
Episode 1-From Potential Conflict to Real Danger
