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Daily Compliance News

Daily Compliance News: January 8, 2024 – The Unwarranted Embarrassment 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 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.

In today’s edition of Daily Compliance News:

  • Fat when de-risking leads to more risks, or at least newer risks. (WSJ)
  • The state of Florida can now import drugs from Canada. (WaPo)
  • Africa’s richest man accuses Nigeria’s anti-corruption watchdog of seeking to cause “unwarranted embarrassment.”. (FT)
  • Musk’s drug use concerns executives. (Bloomberg)
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10 For 10

10 For 10: Top Compliance Stories For The Week Ending December 16, 2023

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.

  • Former Wirecard CFO criminally charged. (FT)
  • Ex-Bank of China mgr jailed for life. (Bloomberg)
  • Freepoint settles charges over years-long bribery scheme. (Reuters)
  • Former BP CEO docked $40M for ‘serious misconduct’. (WSJ)
  • Top DOJ says it’s not soft on corporate crime. (WSJ)
  • The State Department aids in the fight against corruption. (DoS Press Release)
  • The Pope says to be merciful on Vatican corruption. (The Pillar)
  • The US has a new anti-extortion bill. (Transparency International)
  • Musk was compelled to testify in the SEC probe. (Reuters)

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

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Daily Compliance News

Daily Compliance News: November 30, 2023 – The Go F-Yourself Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to 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.

  • How to avoid becoming ‘old’ at work. (FT)
  • Will SCt gut SEC enforcement? (Reuters)
  • Salt Lake City Olympic corruption scandal, 25 years later. (Salt Lake Tribune)
  • Elon Musk tells advertisers who disagree with him to ‘F-off’. (NYT)
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Daily Compliance News

Daily Compliance News: October 10, 2023 – The CEOs Misbehaving 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.

Stories we are following in today’s edition:

  • Claudia Goldin won a Nobel in Economics. (WaPo)
  • Misbehaving CEOs hurt the entire company. (FT)
  • Will Elon Musk lose to the SEC this time? (Reuters)
  • The US is trying to crack down on sanctions evaders. (WSJ)
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Daily Compliance News

Daily Compliance News: October 9, 2023 – The When Safety Isn’t No. 1 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.

Stories we are following in today’s edition:

  • Company inaction allegedly led to 7 worker deaths.  (NYT)
  • SFO brings corruption charges. (FT)
  • Lineup of Elon Musk legal woes. (Reuters)
  • MAGA nuts aside, companies want to be inclusive. (Bloomberg)
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Daily Compliance News

Daily Compliance News: October 4, 2023 – The SEC Had a Busy Week 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.

Stories we are following in today’s edition:

  • Matt Levine on the SEC’s busy week.   (Bloomberg)
  • EX-A&F CEO under investigation for sexually harassing men.   (BBC)
  • Elon Musk to face trial over Twitter disclosures. (Reuters)
  • Estimating Chinese corruption. (FT)
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GalloCast

GalloCast: Episode 11 – CEOs Behaving Badly

Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the Gallocast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of ComplianceLine. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the Sunday dinner table. Hosted by Tom Fox, the Voice of Compliance.

Football season returns to this brings another season of the GalloCast. Nick and Gio are both known for their outspoken nature and deep understanding of workplace dynamics, CEO-worker relationships, and ethical decision-making. Nick believes in the importance of ethical sourcing, labor and social responsibility, and community engagement in creating a beneficial workplace environment. He emphasizes the role of the compliance and ethics team in ensuring ethical practices and the balance between self-interest and the well-being of employees and stakeholders. On the other hand, Gio stresses the importance of authenticity and cultural change in improving workplace dynamics. He believes that a mere change in name or logo is not enough, there needs to be an authentic push by leadership to build a culture of integrity. Join Tom Fox and the Gallo brothers, Nick and Gio, on this episode of the GalloCast.

Key Highlights

·       Do workers need to see pain?

·       CEOs behaving badly. 2 top CEOs resign for having affairs with subordinates or outright harassment. Rubiales resigns.

·       Huge oil field discovered of Namibia. How should a company prepare?

·       SEC probes Musk corporate perks.

·       CBRE busted over pre-taliation. Why having the right contract language is important.

·       Will a name change for SNC-Lavalin help it overcome its corrupt past?

·       SCCE. What are you expecting?

 

Resources

Nick Gallo on LinkedIn

Gio Gallo on LinkedIn

Ethico

Tom Fox 

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Daily Compliance News

Daily Compliance News: September 20, 2023 – The Sins of The Parents Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance brings to 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.

·       SEC probes Musk corporate perks.   (WSJ)

·       CBRE busted over pre-taliation. (Radical Compliance)

·       FTX sues SBF’s parents. (FT)

·       BASF fights ‘conspiracy jurisdiction’. (Reuters)

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Daily Compliance News

Daily Compliance News: September 14, 2023 – The What Could Go Wrong 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 morning coffee, and listen 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.

Stories we are following in today’s edition of Daily Compliance News:

  • Head of China’s top insurer jailed for corruption. (BBC)
  • Musk headed to arbitration against Wachtell. (Reuters)
  • PE plunges into NIL. (FT)
  • Tech leaders school Congress on AI. (NYT)
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Daily Compliance News

Daily Compliance News: May 17, 2023 – The $1 BN 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 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.

Stories we are following in today’s edition:

  • Ecuador President to face impeachment trial. (FT)
  • Wells Fargo to pay $1bn to settle shareholder suit. (WSJ)
  • Ukraine Supreme Court under investigation for corruption. (Reuters)
  • Changed my mind not reason to reverse a settlement, even for Elon Musk. (CNBC)