Categories
Daily Compliance News

April 13, 2022 the Ukraine Risk Edition


In today’s edition of Daily Compliance News:

  • NY Lt. Gov charged with public corruption. (WSJ)
  • Are new rules for vetting PE investors coming? (WSJ)
  • Expanding series of risks from the Ukraine conflict. (WSJ)
  • Crypto.com hires financial crimes and compliance experts. (WSJ)
Categories
Daily Compliance News

April 11, 2022 the Don’t Piss Off a Federal Judge Edition

 
In today’s edition of Daily Compliance News:

  • Don’t piss off a MDL judge. (Reuters)
  • Crypt wants stable regs. (WSJ)
  • Glass Lewis says no to Goldman CEO pay. (NYT)
  • Argentinian ambassador to Israel resigns after corruption conviction. (TimesofIsrael)
Categories
Daily Compliance News

April 6, 2022 the Will He Reinstate Trump Edition


In today’s edition of Daily Compliance News:
·      Elon Musk joins Twitter BOD. (WSJ)
·      PCAOB fines former KPMG audit head. (WSJ)
·      EU funding to Hungary at risk due to corruption.  (FT)
·      Closing arguments in Roger Ng trial.  (Law360)

Categories
Daily Compliance News

April 2, 2022 the Truth Shall Set You Free Edition


In today’s edition of Daily Compliance News:

  • Rethinking using IP address to enforce sanctions. (WSJ)
  • The truth will set you free. (Bloomberg)
  • The most common types of corruption in South Africa. (Business Tech)
  • House to look into Amazon safety practices. (NYT)
Categories
This Week in FCPA

Episode 296 – the Slap Seen ‘Round the World edition


On this April Fool’s Day for 2022, Tom and Jay are back to look at some of the week’s top compliance and ethics stories in the Slap Seen ‘Round the World edition.
 Stories

  1. The Slap Seen ‘Round the World and Compliance. Tom in FCPA Compliance and Ethics Blog.
  2. Will CCOs have to certify compliance? Text of Kenneth Polite speech. Tom and Matt in Compliance into the Weeds. Matt in Radical Compliance.
  3. Coal exec indicted under the FCPA. Harry Cassin in the FCPA Blog.
  4. Good bribes. Dick Cassin in the FCPA Blog.
  5. Why controls are key to compliance. Chris Audet in CCI.
  6. MarshMac UK sub garners Declination with Disgorgement. Dylan Tokar in WSJ Risk & Compliance Journal.
  7. ZTE whistleblower feared for his life. Ashley Yablon in CCI.
  8. Whistleblowing keys. Jan Stampers In Risk and Compliance Matters.
  9. Fine line between compliance and evasion of OFAC sanctions. Mike Volkov in Corruption Crime and Compliance.
  10. ISSB delivers sustainability guidelines. IFRS Press Release.

Podcasts and More

  1. What is the intersection of Sports and Ethics? Each year, Jason Meyer holds Ethics Madness, a discussion of this intersection done during March Madness. This year, Jason engaged Tom for Ethics Madness in the podcast format. It was cross-posted on Jason’s site Eight Mindsets, which he co-hosts with Nicole Rose and on Tom’s site, Greetings and Felicitations.
  2. Tom has a two part series with Aly McDevitt on her recent Ransomware case study, on Greetings and Felicitations, Part 1 and Part 2.
  3. Why should you attend Compliance Week 2022? Find out on this episode of From the Editor’s Desk. Listeners get a $200 discount to CW 2022 with the code Fox200. More here.
  4. Tom visits with longtime MS 150 rider Alan Peterson on The Hill Country Podcast. Donate to the fight against MS here.
  5. Why should compliance lead corporate ESG? Kristy Grant-Hart explains on the ESG Compliance Podcast.
Categories
Daily Compliance News

April 1, 2022 the April Fool’s Edition


In today’s edition of Daily Compliance News:

  • MarshMac UK sub garners Declination with Disgorgement. (WSJ)
  • Corruption a worldwide crisis. (Aeon)
  • SEC threatens to delist Chinese company over audit failings. (Insider)
  • ZTE whistleblower pens book on experience. (CCI)
Categories
Daily Compliance News

March 29, 2022 the More Likely Than Not Edition


In today’s edition of Daily Compliance News:

  • Disney employees apparently speak for company. (NYT)
  • Corruption once again hamstringing Russian army.  (Jerusalem Post)
  • Trump more likely than not guilty of felony. (WSJ)
  • Barclay’s in regulatory hot water again. (Reuters)
Categories
Daily Compliance News

March 28, 2022 the No Conflicts Edition


In today’s edition of Daily Compliance News:

  • H-GAG says it can’t enforce its own COI rules. (Houston Chronicle)
  • London insurance firms caught up in bribery probe.  (Bloomberg)
  • Do you trust Google AI to review your medical records? (WSJ)
  • Another 3M loss in military ear plugs litigation. (Reuters)
Categories
Corruption, Crime and Compliance

Episode 229 – DOJ Charges TV Producer with Violations of Crimea – Related Sanctions Program


In another indication of DOJ’s aggressive approach to enforcement of sanctions against Russia, DOJ announced the indictment of a TV producer for violations of the Crimea-Related Russian sanctions program. As outlined in the indictment, Jack Hanick, a former Fox News executive, was indicted for sanctions violations stemming from his long-time relationship with a prohibited Russian oligarch (Specially Designated National) relating to the creation and promotion of the Russian Television Network.
In this episode, Michael Volkov reviews DOJ’s indictment and the facts surrounding Hanick’s conduct.

Categories
Daily Compliance News

March 22, 2022 the Institutional Corruption Edition


In today’s edition of Daily Compliance News:

  • Crypto an unlikely route for sanctions evasion. (WSJ)
  • Lebanese central bank chief charged with corruption.  (WSJ)
  • Met still ‘institutionally corrupt’? (BBC)
  • Wells Fargo sued for red-lining. (Bloomberg)