Welcome to the award-winning FCPA Compliance Report, the longest-running podcast on compliance. In this episode, Tom welcomes Jag Lamba, CEO of Certa.AI, the podcast’s sponsor.
We look at the recent events involving economic and trade sanctions levied on Colombia (now withdrawn) and the announcement of DeepSeek as a cost-effective competitor to ChatGPT in the AI space to discuss how quickly your risks can change. We overlay this discussion through the lens of the DOJ’s 2024 Update on the Evaluation of Corporate Compliance Programs (2024 ECCP). Jag provides insights on how compliance officers can proactively manage risk amidst rapidly changing global landscapes by ensuring their programs are well-designed, adequately resourced, and effective. Key takeaways include the importance of data, controls, and technology in building robust compliance frameworks and using business impact and ROI to secure necessary resources.
Key highlights:
- Current Events Impacting Compliance
- 2024 ECCP-Designing a Well-Structured Compliance Program
- 2024 ECCP-Adequate Resourcing for Compliance Programs
- 2024 ECCP: Effectiveness of Compliance Programs in Practice
- Proactive Risk Management Strategies
- Export Controls and Compliance Challenges
Resources:
Jag Lamba on LinkedIn
