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Daily Compliance News

Daily Compliance News: April 24, 2026, The New Calculus on Self-Disclosure 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:

  • Ex-RBS banker sentenced for bribery. (FT)
  • Malaysian King to pick new ABC head. (SCMP)
  • What are the risks bubbling inside private credit? (WSJ)
  • Hui Chen says new calculus on self-disclosure. (Law360)

For more information on the use of AI in Compliance programs, my new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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Blog

Betting the Game: Gambling, Integrity and the New Risk in Sports – A New Podcast from CPN

The Compliance Podcast Network is proud to announce the launch of a new 10-part podcast series, Betting the Game: Gambling, Integrity and the New Risk in Sports, co-hosted by Tom Fox and Mike DeBernardis. This new series comes at a moment when sports gambling has moved from the margins of the sports world to the center of the modern sports business. What was once viewed as taboo is now embedded in broadcasts, sponsorships, fan engagement, media strategy, and even the daily vocabulary of sports culture.

That transformation has created a new generation of questions about governance, compliance, and integrity. For compliance professionals, sports business leaders, and anyone concerned with institutional trust, the issue is no longer whether gambling is part of the sports landscape. It clearly is. The real question is whether the institutions that welcomed gambling into the mainstream have built governance systems strong enough to protect athletes, safeguard competition, and preserve public confidence.

That is the animating idea behind Betting the Game. This is more than a podcast about sports wagering. It is a series about governance under pressure. It is about what happens when powerful new revenue streams collide with the most important asset any sports institution possesses: credibility.

Why This Series Matters

At the Compliance Podcast Network, we have long believed that compliance lessons do not live only in deferred prosecution agreements, enforcement actions, and boardrooms. They also live where culture, incentives, and institutional accountability come together in real time. Few places illustrate that collision more clearly today than sports gambling.

Over the past several years, legalized sports betting has transformed the economics of sports. Leagues have entered into sportsbook partnerships. Media companies have integrated odds and betting analysis into coverage. College athletics has been drawn into the orbit of wagering markets. Athletes, coaches, officials, and support staff now operate in an environment where betting is not merely present; it is pervasive. It is everywhere.

That raises classic compliance questions. How do institutions manage conflicts of interest? How do they protect against insider risk? How do they design systems that move from punishment after the fact to prevention before the line is crossed? How do they align commercial strategy with ethics and integrity? These are not only sports questions. They are governance questions. That is why this series belongs on the Compliance Podcast Network.

A New Podcast for a New Risk Environment

Betting the Game brings together the worlds of compliance, governance, and sports business to examine how gambling has reshaped the sports ecosystem. The series examines both professional and amateur sports and asks what happens when betting markets, athlete conduct, media incentives, and institutional oversight collide.

Each episode explores a different integrity pressure point. Some of the stories are obvious: athletes placing bets, prop betting, and suspicious wagering activity. Others are more structural: media normalization, inside information, third-party access, college athlete harassment, and the tension between monetizing gambling and policing its risks. Taken together, the 10 episodes form a wide-ranging examination of how sports gambling became a compliance issue hiding in plain sight.

The 10-Episode Lineup

Episode 1: From Taboo to Business Model: How Gambling Entered the Sports Mainstream

This opening episode traces the arc from stigma to sponsorship and explains how sports betting became embedded in modern sports’ business model. It sets the stage for the series by asking whether governance, oversight, and ethics kept pace with commercialization.

Episode 2: The Athlete as Bettor: When Players Cross the Line

This episode examines one of the clearest integrity flashpoints in sports: the player who becomes the bettor. It explores why leagues draw hard lines around athlete gambling and whether education and prevention have kept up with enforcement.

Episode 3: Inside Information: The New Edge in the Betting Economy

Information now moves markets in real time, and sports are no exception. This episode looks at injury reports, lineup disclosures, and the people closest to teams who may have access to valuable non-public information.

Episode 4: Entourages, Interpreters, and the People Around the Star

Not every gambling risk begins with the athlete himself. This episode explores how trusted insiders, aides, interpreters, friends, and members of an athlete’s inner circle can become points of access, vulnerability, and control failure.

Episode 5: Fixing the Margins: Match-Fixing, Spot-Fixing, and Vulnerable Competitions

This episode moves beyond the Hollywood image of a fixed game and into the modern world of spot-fixing and manipulated moments. It examines how lower-profile competitions and narrow in-game events can create outsized integrity risks.

Episode 6: Campus Under Pressure: Gambling and the New Risks in College Sports

College athletics has become one of the most exposed fronts in the sports gambling era. This episode looks at student-athlete betting, bettor harassment, and the governance challenge of protecting young athletes in a betting-saturated environment.

Episode 7: Judgment on the Field: Officials, Suspicion, and the Gambling Lens

Officials now work under a new type of scrutiny, where every call can trigger both outrage and financial consequences. This episode examines how gambling has changed perceptions of officiating, trust, and legitimacy.

Episode 8: Prop Bets and Micro-Bets: Small Moments, Big Integrity Risks

Modern betting markets increasingly focus on narrow, highly specific events that can be easier to influence than a final score. This episode explores whether some betting products are creating integrity risks that sports governance was never designed to manage.

Episode 9: Can Sports Police What They Profit From? Data, Deals, and Integrity Monitoring

As leagues and media companies benefit financially from gambling growth, the oversight challenge becomes more complicated. This episode asks whether sports can be both a commercial partner in betting and a credible guardian of integrity.

Episode 10: What Comes Next: Building a Better Integrity Framework for Sports Gambling

The final episode turns from diagnosis to solutions. It outlines what stronger governance could look like, from education and monitoring to product limits, athlete protections, and a more mature integrity framework.

Compliance Lessons in a Sports Context

For the compliance professional, the value of this series is straightforward. Sports may be the setting, but the underlying issues will feel very familiar. Culture matters. Incentives matter. Tone at the top matters. Training matters. Monitoring matters. And perhaps most importantly, prevention matters more than reaction.

In the corporate world, we know that a policy on paper is not enough. The same is true in sports. If gambling is promoted as a normal part of fan engagement while integrity rules for insiders are poorly communicated or weakly reinforced, that is not a player problem alone. That is a governance problem. Betting the Game is designed to unpack exactly those issues in a way that speaks to both compliance professionals and sports business leaders.

Join Us for the Launch

The launch of Betting the Game: Gambling, Integrity and the New Risk in Sports marks an exciting expansion of the Compliance Podcast Network into one of the most timely and consequential issues in modern sports and governance. Tom Fox and Mike DeBernardis will guide listeners through the legal, ethical, cultural, and business implications of sports gambling with the practical, analytical lens that Compliance Podcast Network listeners expect.

The series launches on Friday, April 24, and will post every other Friday throughout our season. It is available on the Compliance Podcast Network and wherever you listen to great podcasts.

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GSK in China: 13 Years Later

GSK In China: 13 Years Later – After the Humphreys Verdict: Managing Third-Party Risk When You Can’t Verify

Thirteen years after the GSK China scandal exploded onto the global stage, its lessons remain as urgent as ever for compliance professionals and business leaders. In this podcast series, we revisit the case not simply as corporate history, but as a living cautionary tale about culture, incentives, third parties, investigations, and governance. Each episode explores what went wrong, why it went wrong, and how those failures still echo in today’s compliance and ethics landscape. Join me as we unpack the scandal and draw practical lessons for building stronger, more resilient organizations. In this episode, we take a deep dive into the 2013 GSK China bribery scandal and examine why it remains one of the most important case studies in corporate compliance, governance, and culture. Our hosts are Timothy and Fiona.

The episode examines how multinational companies should manage third-party relationships and compliance in opaque markets like China when traditional intelligence-gathering is curtailed by privacy laws, using the case of corporate investigators Peter Humphreys and his wife Ying Zeng, who were hired by GSK to investigate a sex-tape scandal but were convicted and imprisoned for purchasing Chinese citizens’ personal data. The discussion highlights how the verdict created operational uncertainty for due diligence, M&A, supplier vetting, and anti-bribery efforts, and notes Humphrey’s claim that GSK withheld the fact that it faced internal whistleblower allegations of corruption. Drawing on DOJ expectations and an SCCE framework, it argues for shifting from “vet and forget” to continuous third-party management across five steps, reinforcing business justification, questionnaires, contracts, and ongoing oversight with mitigations like capped commissions, detailed invoice review, early audits, and use of public records and in-person interviews.

Key highlights:

  • Why Verification Matters
  • Privacy Laws Change Everything
  • When Partners Refuse Disclosure
  • Build Your Own Intelligence
  • Contract Controls and Oversight

Resources:

GSK in China: A Game Changer for Compliance on Amazon.com

GSK in China: Anti-Bribery Enforcement Goes Global on Amazon.com

Tom Fox

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Ed. Note: the voices of the hosts, Timothy and Fiona, were created by Notebook LM based upon text written by Tom Fox

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Daily Compliance News

Daily Compliance News: April 23, 2026, The Who Gets Profit Disgorgement 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:

  • Spain seeks to close the investigation into the wife of the Spanish PM. (Reuters)
  • Anthropic is investigating unauthorized use of Mythos. (FT)
  • Crypto billionaire accuses the Trump family’s Liberty World of ‘criminal extortion’. (WSJ)
  • Matt Levine explores who should get disgorged profits. (Bloomberg)

For more information on the use of AI in Compliance programs, my new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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Daily Compliance News

Daily Compliance News: April 22, 2026, The AI Hallucinations from Sullivan & Cromwell 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:

  • Ex-Algerian Minister of Industry jailed for corruption. (Aljazeera)
  • A wish list for John Ternus. (NYT)
  • Best 5 books on the Fed. (WSJ)
  • AI hallucinations from Sullivan & Cromwell court filing. (FT)

Interested in attending Compliance Week 2026? Click here for information and Registration. Listeners to this podcast receive a 20% discount on the event. Use the Registration Code TOMFOX 20

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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Daily Compliance News

Daily Compliance News: April 21, 2026, The Scambodia 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:

  • Pope Leo calls on Angolans to fight corruption. (Africa News)
  • Should CEOs be the face of a company? (NYT)
  • Cambodia’s business model is scamming. (WSJ)
  • SCt to review SEC disgorgement powers. (Reuters)

Interested in attending Compliance Week 2026? Click here for information and Registration. Listeners to this podcast receive a 20% discount on the event. Use the Registration Code TOMFOX 20

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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Daily Compliance News

Daily Compliance News: April 17, 2026, The We’re Not Busy 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:

  • Key Philippine corruption figure arrested. (BBC)
  • The Trump Administration retreats on white-collar crime. (The Dispatch)
  • Live Nation found guilty of monopolization. (WSJ)
  • White-collar defense lawyers are not busy under the Trump Administration. (FT)

For more information on the use of AI in Compliance programs, my new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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GSK in China: 13 Years Later

GSK In China: 13 Years Later – The Verdicts

Thirteen years after the GSK China scandal exploded onto the global stage, its lessons remain as urgent as ever for compliance professionals and business leaders. In this podcast series, we revisit the case not simply as corporate history, but as a living cautionary tale about culture, incentives, third parties, investigations, and governance. Each episode explores what went wrong, why it went wrong, and how those failures still echo in today’s compliance and ethics landscape. Join me as we unpack the scandal and draw practical lessons for building stronger, more resilient organizations.

This episode analyzes the GSK China scandal and its compliance implications, beginning with the 2014 Shanghai trial of private investigators Peter Humphrey and Yu Yingzeng, convicted under a vague 2009 privacy law for illegally purchasing sensitive personal data (IDs, travel, and phone records) using hidden cameras and data brokers, resulting in prison terms and fines. Their arrest overlapped with a GSK-commissioned probe into a sex tape involving China chief Mark Reilly, as China separately convicted GSK in a secret Hunan trial, imposing a record 3 billion RMB (~$491M) fine tied to bribes routed through travel agencies via inflated conference budgets and kickbacks to doctors. Executives gave televised confessions yet received suspended sentences, reflecting a strategy of corporate submission and public exposure over incarceration. The market reaction was muted, but GSK responded by ending payments to doctors and replacing volume-based sales commissions with qualitative metrics, creating a modern compliance blueprint while highlighting ongoing UK Bribery Act and FCPA exposure. Our hosts are Timothy and Fiona.

Key highlights:

  • Investigators on Trial
  • GSK Secret Verdict
  • Executives Sentenced
  • Judicial Strategy Explained
  • Global Compliance Blueprint

Resources:

GSK in China: A Game Changer for Compliance on Amazon.com

GSK in China: Anti-Bribery Enforcement Goes Global on Amazon.com

Tom Fox

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Ed. Note: the voices of the hosts, Timothy and Fiona, were created by Notebook LM based upon text written by Tom Fox

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Daily Compliance News

Daily Compliance News: April 16, 2026, The Bribery is Legal in Illinois 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:

For more information on the use of AI in Compliance programs, my new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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Daily Compliance News

Daily Compliance News: April 14, 2026, The Annoyance Economy 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:

  • How much does the Annoyance Economy cost you? (NYT)
  • Texas AG to probe ‘chemicals in clothes’. (Reuters)
  • Spanish PM’s wife charged with corruption. (Bloomberg)
  • KPMG reduces the role of humans in audits. (WSJ)

For more information on the use of AI in Compliance programs, my new book, Upping Your Game, is available. You can purchase a copy of the book on Amazon.com.

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out my latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.