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)
Tag: corruption
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)
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
- The Slap Seen ‘Round the World and Compliance. Tom in FCPA Compliance and Ethics Blog.
- Will CCOs have to certify compliance? Text of Kenneth Polite speech. Tom and Matt in Compliance into the Weeds. Matt in Radical Compliance.
- Coal exec indicted under the FCPA. Harry Cassin in the FCPA Blog.
- Good bribes. Dick Cassin in the FCPA Blog.
- Why controls are key to compliance. Chris Audet in CCI.
- MarshMac UK sub garners Declination with Disgorgement. Dylan Tokar in WSJ Risk & Compliance Journal.
- ZTE whistleblower feared for his life. Ashley Yablon in CCI.
- Whistleblowing keys. Jan Stampers In Risk and Compliance Matters.
- Fine line between compliance and evasion of OFAC sanctions. Mike Volkov in Corruption Crime and Compliance.
- ISSB delivers sustainability guidelines. IFRS Press Release.
Podcasts and More
- 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.
- Tom has a two part series with Aly McDevitt on her recent Ransomware case study, on Greetings and Felicitations, Part 1 and Part 2.
- 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.
- Tom visits with longtime MS 150 rider Alan Peterson on The Hill Country Podcast. Donate to the fight against MS here.
- Why should compliance lead corporate ESG? Kristy Grant-Hart explains on the ESG Compliance Podcast.
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)
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)
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.
In today’s edition of Daily Compliance News:
- FINRA considers CCO liability. (WSJ)
- Can Europe’s most corruption country be cleaned up? (The Guardian)
- AMLO urges Pemex to clean up corruption. (Mexico News Daily)
- Schlumberger, BH and Halliburton pull out of Russia. (Houston Chronicle)
MLB and the players manage to work out their differences as Tom Brady unretires. Jay and Tom to look at some of the week’s top compliance and ethics stories in the Baseball is Back edition.
Stories
- Is ESG in crisis? Lawrence Heim in practicalESG.
2. Compliance-The Single. Matt Kelly in Radical Compliance.
3. Corporate investigations and waiver of privilege. Debevoise lawyers in Compliance and Enforcement.
4. Fear based compliance. Mike Volkov in Corruption Crime and Compliance.
5. A view on corruption from the front lines. Tom and Matt interview Tim Khasinov-Batirov on Compliance into the Weeds. Matt blogs in Radical Compliance.
6. Holistic 3rd party management. Mike Volkov, Susanna Cagle and Carol Williams in Risk and Compliance Matters.
7. What kind of person resists a bribe? Gary Drevitch in Psychology Today.
8. Ethisphere announces 2022 WME. Ethisphere Press Release. Erica Salmon Byrne on the FCPA Compliance Report.
9. Are cyber whistleblowers different. Kenji Price, Scott Ferber and Mark Schreiber in CCI.
10. If you are going to IPO, better ESG first. Bob Conlin in Forbes.com.
Podcasts and More
11. In March on The Compliance Life, I visit with Audrey Harris, Managing Director at AMI, formerly CCO at BHP. In Part 1, she discusses her academic background and early professional career. In Episode 2, Audrey moves to the CCO chair at BHP. In Episode 3, she moves back to private practice.
12. Tom and Megan Dougherty are back with 2 more episodes of the MCU series. Guardians of the Galaxy Part 1 and Part 2.
13. Taxman: On the Intersection of Tax and Compliance. A 5-part series with Tracy Howell. Part 1-why compliance needs to talk to tax. Part 2-transfer pricing. Part 3-why tax needs a seat at the table. Part 4-tax and supply chain. Part 5-tax and ESG.
14. Tom visits with Hill Country Joanne Easley on The Hill Country Podcast.