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FCPA Compliance Report

FCPA Compliance Report: Steph Holmes on Managing the Long Tail of Hotline Reports

In this episode, Tom Fox welcomes back his friend and colleague Steph Holmes of EQS Group. They take a deep dive into the “long tail” of hotline/whistleblower reports and why retaliation risk persists after an investigation closes, serving as a key indicator of organizational culture.

Holmes recommends starting with a retaliation-specific risk assessment, especially as EU whistleblower rules shift the burden to employers to prove they did not retaliate. They discuss creating scalable, risk-based visibility into significant post-complaint employment actions (e.g., termination, demotion, compensation, RIF selection) while sharing only minimum necessary context, emphasizing timing, decision-maker involvement, prior retaliation concerns, and strong documentation. Holmes highlights less obvious retaliation signals (negative review shifts, exclusion, increased scrutiny, unfavorable assignments) and suggests periodic check-ins, pulse surveys, and potential AI-enabled trend detection. They also stress training managers to “listen up,” respond appropriately, and escalate concerns, and to use feedback to improve speak-up confidence.

 

Key highlights:

  • Hotline Long Tail
  • Retaliation Risk Assessment
  • RIF And Confidentiality Gaps
  • Subtle Retaliation Signals
  • Training Managers
  • Culture Impact And Feedback

Resources:

Steph Holmes on LinkedIn

EQS Group

 Tom Fox

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Facebook

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LinkedIn

My first work of general non-fiction is now out: Deluge Before Dawn, the story of the 2025 flood in Kerr County, Texas, which killed 119 people and devastated a county. It is a story of tragedy, heartbreak, survival, and resilience.

It is available on the following sites:

Amazon.com

Stoney Creek Publishing

Barnes and Noble

Texas A&M University Press

Bookshop.org

Google.Books

Walmart

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FCPA Compliance Report

FCPA Compliance Report: Marco Goldberg – Creating Trust with Comprehensive Solutions

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes Marco Goldberg, Managing Director of EQS Group’s North American Business, which assists organizations in navigating the complex world of compliance and building a culture of trust.

Marco Goldberg is a seasoned professional in corporate compliance and investor relations solutions, with a rich background in international industrial management and an MBA from the Berlin School of Business and Entrepreneurship. The EQS Group is a leading provider of corporate compliance and investor relations solutions, serving about 9,000 customers globally. He emphasizes the importance of trust in international organizations and sees EQS Group’s mission as helping to create trusted companies through their solutions. His experiences in the industry and his active participation in hosting the ECEC, Europe’s largest compliance conference, have shaped his perspective. Join Tom Fox and Marco Goldberg on this episode of the FCPA Compliance Report podcast to learn more about his insights and experiences.

 Key Highlights:

  • Creating Trusted Companies with Comprehensive Solutions
  • IntegrityLine: Empowering Employees for Compliance
  • EU Whistleblower Protection Directive: Creating a Culture of Integrity
  • Centralizing Compliance Workflows with AI Technology
  • The Transformative Power of AI in Compliance

 Resources:

Marco Goldberg on LinkedIn

EQS Group

 Tom Fox

Instagram

Facebook

YouTube

Twitter

LinkedIn