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This Week in FCPA

Episode 287 – the Activision Blizzard Sold edition


As both of their teams are unceremoniously knocked out of the playoffs, Tom and Jay are back looking at some of the week’s top compliance and ethics stories this week in the Activision Blizzard Sold edition.
Stories

  1. Activision Blizzard was sold to Microsoft. Check out articles on how the NYT happened, the parameters of the deal in the  WSJ, the compliance mess in Bloomberg, and legal issues in  Reuters.
  2. Did the pandemic undo corruption risk models? Dick Cassin explores in the FCPA Blog.
  3. KPMG spanked yet again in the UK. Jaclyn Jaeger in Compliance Week (sub req’d).
  4. Person of the Year in Compliance? ESG. Mike Volkov in Corruption Crime and Compliance.   
  5. Is Abby Normal next? Banks using behavioral science. Vera Cherepanova in FCPA Blog.
  6. Businesses and Strategy on Countering Corruption. Sara Paul, Andrea Gordon, and Dane Sowers in the CCI.  
  7. Climate change compliance. Jeff Kaplan in Conflicts of Interest Blog.
  8. Trust has its moment. Stewart Levine in Forbes.com. 
  9. Institutional investors on ESG voting. Lawrence Heim in PracticalESG.
  10. The virtual Board Room. Jeffrey Karpf and Fernando Martinez in Compliance and Enforcement. 

Podcasts and More

  1. Tom and Matt Kelly conclude a 2-part podcast series on issues they are following in 2022. On Compliance into the Weeds, Part 1 and Part 2. 
  2. In January on The Compliance Life, I visited Valerie Charles, a partner at StoneTurn. Val has one of the most interesting journeys in compliance. In Part 1, she discussed her academic background and early professional career. In Part 2, she discusses her move to ComTech. In Part 3, Valerie moves into the consulting world. 
  3. What is the intersection of Joel Coen’s Macbeth and organizational issues in compliance? Tom explores in a 4-part blog series on the FCPA Compliance and Ethics Blog. 
  4. CCI releases a new e-book from Tom, “FCPA 2021 Year in Review”. Available free from CCI.
  5. Trial of the Century-the Enron Trial. On Monday, January 4, Tom premiers a 5-part podcast series on the Enron Trial with Loren Steffy, who covered the trial for the Houston Chronicle. You can check out the preview here. It will be available on the Compliance Podcast Network, Megaphone, iTunes, and other top podcast platforms. 
  6. Check out 31 Days to a More Effective Compliance Program returns, which runs from January 1 to January 31. Available on the Compliance Podcast Network, Megaphone, iTunes, and other top podcast platforms. 

 Tom Fox is the Voice of Compliance and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.  

Categories
Daily Compliance News

January 8, 2022 the Crypto Crime Edition


In today’s edition of Daily Compliance News:

  • Crypto crime hit $14bn in 2021. (WSJ)
  • Portuguese corruption erodes trust in government. (FT)
  • MACC under fire for corruption. (This Week in Asia)
  • Roger Ng trial set for February. (Reuters)
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Daily Compliance News

January 6, 2022 the Deportation Edition


In today’s edition of Daily Compliance News:

  • BMW employee charged with corruption. (Automotive News Europe)
  • Novak Djokovic faces deportation from Australia. (ESPN)
  • Is your company ready for the next climate disaster? (Bloomberg)
  • SEC probing banks over disclosures on guns, fossil fuels. (Reuters)
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Daily Compliance News

December 28, 2021 the Tribute to Desmond Tutu Edition


In today’s edition of Daily Compliance News:

  • Somali President suspends PM amid corruption probe. (Bloomberg)
  • Credit Suisse seeking docs on Softbank and Greensill. (Reuters)
  • Use of RICO continues to expand. (WSJ)
  • Desmond Tutu passes away. (NYT)
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Daily Compliance News

December 21, 2021 the Flash Cash Edition


In today’s edition of Daily Compliance News:

  • Another appeal of Unaoil conviction. (WSJ)
  • Trump International Hotel epicenter of massive corruption. (Insider)
  • Wyoming top state for tax havens. (WaPo)
  • Hacking for insider trading tips. (Reuters)
Categories
Daily Compliance News

December 16, 2021 Happy Birthday Michele Edition


In today’s edition of Daily Compliance News:

  • Houston Democratic leaders under scrutiny for corruption. (Local 12)
  • Tackling corruption critical for sustainable development. (UN News)
  • DO ABC laws undercut US strategy on immigration? (LATimes)
  • Key findings from the Pandora Papers. (WaPo)
Categories
Daily Compliance News

December 7, 2021 the Ugly American Edition


In today’s edition of Daily Compliance News:

  • LA Police chief has someone arrest, in Marseille. (Vice)
  • US reveals steps to fight corruption. (WSJ)
  • Trump SPAC under investigation. (NYT)
  • How migration became a weapon. (FT)
Categories
Daily Compliance News

December 2, 2021 the Verifiable Proof Edition


In today’s edition of Daily Compliance News:

  • EU wants ‘verifiable proof’ Peng is safe. (com)
  • Corruption preventing Texas from fixing its broken power grid. (MSNBC)
  • Elizabeth Holmes admits ‘mistakes were made’ even by her. (NYT)
  • Myanmar lays out new corruption charges. (CNN)
Categories
Daily Compliance News

November 22, 2021 the Why Corruption edition


In today’s edition of Daily Compliance News:

  • Will Activism CEO resign?(WSJ)
  • Office reopening gets trickier. (WSJ)
  • Banks must promptly report cyber breaches. (Reuters)
  • Why do some become corrupt? (Foreign Policy)
Categories
Daily Compliance News

November 1, 2021 the What’s In a Name edition


In today’s edition of Daily Compliance News:

  • FTC to increase oversight of recalcitrant organizations.(WSJ)
  • The invidiousness of corruption. (Reuters)
  • How corruption ruined Lebanon. (NYT)
  • Does changing your corp name reduce risk? (NYT)