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Compliance Into the Weeds

Compliance into the Weeds: Truth Stranger the Fiction: Binance, Iran, Crypto and Compliance

The award-winning Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore it more fully. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this episode of Compliance into the Weeds, Tom Fox and Matt Kelly look at recent reporting on Binance that raises questions about the effectiveness of its compliance program, monitorships, and executive attitudes toward compliance.

They recap Binance’s 2023 resolution of U.S. criminal and civil matters involving money laundering and sanctions evasion. They discuss the Fortune article, which reported that Binance continued to route funds through its platform to the Iranian government in 2024 and into 2025. They highlight Mr. Zou’s public response on X, suggesting that if investigators found misconduct, it implied they failed to prevent it, which the hosts criticize as a misunderstanding that business units own risk and that compliance’s role is to provide systems, channels, oversight, and escalation rather than “prevent” all misconduct.

Key highlights:

  • Truth Stranger Than Fiction in Compliance
  • Binance’s 2023 Guilty Plea, $4.3B Penalty & Two Monitorships
  • Compliance Team Fallout: Investigators Fired & CCO on the Move
  • ‘If You Found It, You Failed’: Why CEOs Misunderstand Compliance
  • Iran as the Red Line: Plea Agreement Breach, Politics, and Corruption Risk
  • Will Anyone Enforce This? Rule of Law Questions and What Comes Next

Resources:

Matt in Radical Compliance

Tom

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A multi-award-winning podcast, Compliance into the Weeds was most recently honored as one of the Top 25 Regulatory Compliance Podcasts, a Top 10 Business Law Podcast, and a Top 12 Risk Management Podcast. Compliance into the Weeds has been conferred a Davey, a Communicator Award, and a W3 Award, all for podcast excellence.

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending, November 22, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

This week’s stories include:

  • The IMF says corruption costs Pakistan 6% of annual growth. (Reuters)
  • Larry Summers steps back from public life. (NYT)
  • Mexico is the biggest supplier and buyer. (NYT)
  • Right-wing EU lawmakers want a corruption inquiry opened. (Politico)
  • The Trump Administration is set to end whistleblower protection for federal employees. (Reuters)
  • Turning compliance into a competitive advantage. (CW)
  • Corruption in the CZ pardon. (Newsweek)
  • Will UBS relocate to America? (FT)
  • Fraud case against Adani in limbo. (NYT)
  • French police raid Altice re: corruption allegations. (Bloomberg)

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day, here.

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You can purchase a copy of my new book, Upping Your Game, on Amazon.com

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Daily Compliance News

Daily Compliance News: November 18, 2025, The UBS to America 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:

  • Canaccord is close to a settlement for compliance lapses. (Bloomberg)
  • A resigned Fed Official violated trading rules. (NYT)
  • Corruption in the CZ pardon. (Newsweek)
  • Will UBS relocate to America? (FT)

The Daily Compliance News has been honored as the No. 2 in the Best Regulatory Compliance Podcasts category.

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Daily Compliance News

Daily Compliance News: November 4, 2025, The No Idea 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 that are relevant to the compliance professional.

Top stories include:

  • Trump claims to have no idea who CZ is. (BBC)
  • Moet sues whistleblower who took claims public. (FT)
  • Trump says he will intervene in Netanyahu’s corruption trial. (Axios)
  • BDO gave First Brands a healthy report before its collapse. (WSJ)

The Daily Compliance News has been honored as the No. 2 in the Best Regulatory Compliance Podcasts category.

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending October 18, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, presents the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

Top stories include:

  • SEC wants to reduce the salaries of PCAOB Board members. (WSJ)
  • San Mateo County Sheriff removed for corruption. (San Francisco Chronicle)
  • Why Danielle Sasson resigned.
  • UK gov says if hacked, go to paper. (BBC)
  • BOA sued over alleged ties to Epstein. (Reuters)
  • Trump lobbies the Knesset. (Bloomberg)
  • The US forced the Dutch to fire the Chinese CEO of a chip company. (WSJ)
  • Why do you need glue employees? (WSJ)
  • Corruption puts Moroccan hospitals at breaking point. (France24)
  • CZ and Trump are now working together (in a family way). (Bloomberg)

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day, here.

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You can purchase a copy of my new book, Upping Your Game, on Amazon.com

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Daily Compliance News

Daily Compliance News: October 14, 2025, The CZ Pardon 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:

  • CZ and Trump are now working together (in a family way). (Bloomberg)
  • Mike Madigan starts prison term. (Fox 2 Now)
  • Don’t party like it’s 1999 (DotCom bubble) but like it’s 1929. (NYT)
  • Don’t pay those traffic tolls! (Forbes)
Categories
10 For 10

10 For 10: Top Compliance Stories For the Week Ending August 16, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • Attorney-client privilege is protected in the FirstEnergy litigation. (Reuters)
  • BCG’s Gaza project is so offensive that 4 staffers quit the company. (FT)
  • Albania (of all countries) turns to AI to fight corruption. (Politico)
  • 5th ex-Peruvian President jailed for corruption. (Al Jazeera)
  • The human cost of corruption. (Just Security)
  • The bribe-based bill remains the law in Ohio. (Brennan Center for Justice)
  • Musk threatens to sue over bad Apple App Store rankings. (FT)
  • South Korea’s ex-First Lady arrested for corruption. (NYT)
  • CZ pushes for a pardon. (NYT)
  • Piston’s Malik Beasley is facing gambling allegations. (NYPost)

You can check out the Daily Compliance News for four curated compliance- and ethics-related stories each day, here.

Connect with Tom 

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You can purchase a copy of my new book, Upping Your Game, on Amazon.com

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Daily Compliance News

Daily Compliance News: August 12, 2025, The ABC Angle 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:

  • Dems should lead the fight against corruption. (Foreign Affairs)
  • The bribe-based bill remains the law in Ohio. (Cleveland.com)
  • 21 ways to use AI at work. (NYT)
  • CZ pushes for a pardon. (NYT)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

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Daily Compliance News

Daily Compliance News: May 9, 2025 – The Bring Out Your Dead Pardon 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:

  • Credit Suisse whistleblowers will share in a $150MM bounty. (WSJ)
  • Corpses for cash = corruption. (WSJ)
  • CZ to ask for a Presidential pardon. (CoinDesk)
  • OpenAI governance issues still exist. (FT)
Categories
2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 28 — CZ v. SBF Edition

What happens when two top compliance commentators get together? They talk about compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

In this episode, Tom and Kristy take on a wide variety of compliance related topics.

One of the key issues they look at are reports suggesting China is strategically relocating forced labor from the Uyghur region to different parts of the country in an attempt to bypass US laws prohibiting goods sourced from areas associated with forced labor.

This could trigger wider limitations on goods originating from China, stressing the necessity for intensive audits and transparency in business operations. This issue has sparked bipartisan concern, hinting at potential upcoming legal actions.

Tom stresses the need for companies to react effectively to reduce risks, possibly through on-the-ground audits and increased accountability in business operations in China. Kristy underscores the need for thorough audits and proactive measures in response to the risks associated with forced labor in China. She raises the possibility of legal consequences for companies found to be misleading about their involvement with forced labor. Both perspectives serve to underline the gravity and complexity of this issue.

Highlights Include:

  • An ex-McKinsey partner says he was scapegoated. (Reuters)
  • CFTC names its first AI Chief. (WSJ)
  • CZ gets 4 months. (WSJ)
  • FCPA violator Ericsson bemoans ‘over-regulation’.  (FT)
  • Corporate investigations are under scrutiny.   (FT)
  • China Moving Forced Laborers Amid U.S. Crackdown, Biden Official Says (WSJ)
  • Robinhood Crypto gets Wells notice from US SEC (Reuters)
  • Report Spotlights Privacy Access Requests (Radical Compliance)
  • Why Employee Bonuses Do Not Work (and What to Do Instead) (Inc.)
  • A Florida man runs to the police for help after committing a crime and ends up behind bars. (Aol.)

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

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