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FCPA Compliance Report

9/11 Twenty-Five Years Later: Part 5: Scott Moritz – It Changed Overnight

Ed. Note: Five years ago, Tom Fox looked back on 9/11 in a 20-year retrospective. This week is the 25th anniversary of that event. We will be rerunning this award-winning podcast so we never forget.

On the 20th anniversary of the 9/11 terrorist attack, Tom Fox and guests look back on the tragic event and what it meant for them personally, as well as how it impacted the world of compliance. Today, Tom’s guest is Scott Moritz for this episode of Looking Back at 9/11, where Scott talks about how the events of 9/11 impacted the FBI.

How 9/11 Changed The FBI: Structural and Cultural Ambidexterity

9/11 fundamentally changed the FBI overnight. Scott remarks that for a long time after 9/11, the FBI was primarily focused on the attack on the Trade Center. That was the Bureau’s main investigation, and all FBI field offices and virtually every foreign attaché office in the world worked on it. Many scholars, through various organizational studies and surveys, assumed that the FBI would have created simultaneous frontline structures and processes to balance its two competing missions: national security and law enforcement. The scholars also posited that the FBI might engage in cultural ambidexterity by refusing to take on the national security mission altogether. The FBI did something altogether unexpected and tackled both. 

The Benefit of One Agency

“There was this rapid emergence of two clear, but distinct, identities, and eventually, you know, one new unified identity: the FBI, but some changes were that terrorism cases were centralized at headquarters…This was a big departure from the way that the FBI normally operated,” Scott tells Tom. By staying a single agency, the FBI had better access to local law enforcement and could better leverage defendants for information that could advance the national security mission.

A Shift in the Private Sector

Tom asks Scott to talk about any changes in the private sector he was personally involved in. The major post-9/11 change in the private sector, especially for financial institutions, was the enactment of the Patriot Act, which also paved the way for other significant changes. Financial Institutions and broker-dealers had to harden the security of buildings and supply chains across the country’s infrastructure. There was also an explosion of no-fly lists, watch lists, and terrorist watch lists. Banks, building owners, and brokerage companies often had to navigate these systems quickly. Scott was heavily involved in helping these institutions meet their anti-money-laundering and security obligations. 

Looking to the Future

Tom asks Scott to share reflections on 9/11 and the future. Scott remarks that after 9/11, the country was more united and people were more compassionate toward one another. The best of humanity in the form of kindness and outpouring of love was seen not just from Americans to each other, but from the rest of the world to America. He hopes he can see that kind of love and unity again someday. 

Resources:

Scott Moritz | ⁠LinkedIn⁠

⁠Fraud Eats Strategy

Front Office Agents Podcast

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2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 81 – The Having Way Too Much Fun Edition

What happens when two top compliance commentators get together? They talk 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!

Stories This Week Include:

  • Asante Berko guilty verdict—attached.
  • New ESPN 30 for 30 pod reviews the corruption case of Ohtani’s translator. (ESPN)
  • CapOne fired Trump Organization for AML deficiencies. (Reuters)
  • Victims of LaFarge terrorist funding want a piece of the settlement. (WSJ)
  • FBI agent apparently misses the tutorial on corruption. (Gizmodo)
  • For Some Workers, AI Resistance Is a Matter of Faith (Corporate Compliance Insights)
  • How OpenAI Agents Plotted and Breached Hugging Face (Cybermagazine)
  • Russia’s Hottest Startup Is a State-Backed Sanctions Evasion Network (WSJ)
  • UBS Nailed on Repeated AML Failures (Radical Compliance)
  • Polk Sheriff Grady Judd’s picture stolen from substation; Florida man arrested: ‘He stole my picture ‘ (FOX13 News)

Resources:

Kristy

Kristy Grant-Hart on LinkedIn

Order Kristy’s updated, 10-year new edition of How to Be a Wildly Effective Compliance Officer by clicking here.

Tom

Check out the top compliance handbook, The Compliance Handbook, 7th edition, published by LexisNexis. Visit the LexisNexis® Store at https://lexisnexis.com/fox20

To save 20% on The Compliance Handbook: A Guide to Operationalizing Your Compliance Program, please reference or enter promotion code: FOX20.

Offer expires December 31, 2026. Offer applies to new orders only, before shipping and taxes are calculated and shipped to a U.S. address. A discount will be applied to each applicable product after the code FOX20 is entered. Discount does not apply to current subscriptions, renewals, or updates. Certain exclusions and other restrictions may apply. Void where prohibited. View full terms here.

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Daily Compliance News

Daily Compliance News: August 5, 2026, The What Were You Wearing 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 AI stories include:

  • Uber goes after sexual assault claimants. (NYT)
  • ABA rejects plans to scrap DEI rules for law schools. (Reuters)
  • The white elephant in the room (of Colombian politics). (The Guardian)
  • FBI agent apparently misses tutorial on corruption. (Gizmodo)

To learn about the intersection of Sherlock Holmes and the modern compliance professional, check out Tom’s latest book, The Game is Afoot-What Sherlock Holmes Teaches About Risk, Ethics and Investigations on Amazon.com.

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2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 77 – The Bullying Edition

What happens when two top compliance commentators get together? They talk 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!

Stories This Week Include:

  • End of SEC Gag Rule – Radical Compliance
  • Binance, Monitorship and Funding Iran – Bloomberg
  • Running an Effective Meeting – FT
  • Of big law and insider trading – Reuters
  • Adani case dropped – NYT
  • How I Choose Which Cloudflare Employees to Replace With AI – WSJ
  • BP ousts Chair Albert Manifold citing governance standards, oversight and conduct – Reuters
  • Four Big Takeaways From the FBI’s Report on Internet Crime – WSJ
  • Too Much Work to Do? Have Your Digital Twin Handle It – WSJ
  • Florida woman tries to eat counterfeit cash during arrest for Walmart scam, police say – FOX35 Orlando

Resources:

Kristy

Kristy Grant-Hart on LinkedIn

Order Kristy’s updated, at 10-years, new edition of How to Be a Wildly Effective Compliance Officer by clicking here.

Tom

Check out the top compliance handbook, The Compliance Handbook, 7th edition, published by LexisNexis. Visit the LexisNexis® Store at https://lexisnexis.com/fox20

To save 20% on The Compliance Handbook: A Guide to Operationalizing Your Compliance Program, please reference or enter promotion code: FOX20.

Offer expires December 31, 2026. Offer applies to new orders only, before shipping and taxes are calculated, and shipped to a U.S. address. Discount will be applied to each applicable product after code FOX20 is entered. Discount does not apply to current subscriptions, renewals or updates. Certain exclusions and other restrictions may apply. Void where prohibited. View full terms here.

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Daily Compliance News

Daily Compliance News: February 3, 2026, The Pizza Hut and Compliance 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:

  • NATO officials were arrested on corruption charges. (MILITARNYI)
  • How to bury a mandated whistleblower report. (WSJ)
  • A Pizza Hut resurgence and compliance. (Slate)
  • Former FBI compliance head slides over to EY. (GTSC)
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Daily Compliance News

Daily Compliance News: January 21, 2025, The Not Real Work 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:

  • WFH is not ‘real work’. (BBC)
  • More conflict mineral allegations against Apple from DRC. (FT)
  • Trash compliance—it’s a thing. (Gothamist)
  • Trump accuses the FBI of ‘corruption’ in closing its DEI office. (Forbes)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out The FCPA Survival Guide on Amazon.com.

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Daily Compliance News

Daily Compliance News: November 21, 2024-the Adani Group 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.

For the first time ever, the Daily Compliance News focuses on one story, the massive civil and criminal set of charges brought against the Adani Group and its founder Gautam Adani. Articles featured in this edition include, the NYT, FT and WSJ.

For more information on the Ethico Toolkit for Middle Managers, available at no charge by clicking here.

Check out the full 3-book series, The Compliance Kids on Amazon.com.

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Daily Compliance News

Daily Compliance News: July 24, 2023 – The Struggling in China 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.

  • DOJ revamps Crypto enforcement team. (WSJ)
  • Altice co-founder denies corruption. (Reuters)
  • US consultancies struggle in China after raids. (FT)
  • GOP release FBI report showing no Biden corruption in Ukraine. (Bloomberg)
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Daily Compliance News

April 6, 2023 – The Façade of Compliance 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 of Daily Compliance News:

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Great Women in Compliance

Tracy Saale-From Law Enforcement to In-House

Welcome to the Great Women in Compliance Podcast, hosted by Mary Shirley and Lisa Fine. In today’s episode, Lisa speaks with Tracy Saale, who is Conduct Risk Management, Managing Director and Corporate Responsibility Officer at Charles Schwab.

This is her second career, and while we often hear from attorneys who have gone in-house, or were assigned to compliance, Tracy started out as a prosecutor and then at the U.S. Federal Bureau of Investigations (FBI), where she worked all over the globe, and advised in ethics and compliance during her career there. She discusses the importance of advising law enforcement officials on what is – or is not – permissible, particularly when they are dealing with criminal behavior and security issues. When she started at the FBI, they had approximately 14% women agents, and while that has increased into the 20% range, there is a way to go, so she recounts her experiences.

While Tracy was a bit guarded given her experiences with corporate malfeasance, she also was impressed with Charles Schwab, and joined them in part for that. In her in-house career, she is now seeing what so many of us see – that the majority of people are trying to do the right things – a more positive side of corporate life.

The Great Women in Compliance Podcast is on the Compliance Podcast Network with a selection of other Compliance related offerings to listen in to.  If you are enjoying this episode, please rate it on your preferred podcast player to help other likeminded Ethics and Compliance professionals find it.  If you have a moment to leave a review at the same time, Mary and Lisa would be so grateful.  You can also find the GWIC podcast on Corporate Compliance Insights where Lisa and Mary have a landing page with additional information about them and the story of the podcast.  Corporate Compliance Insights is a much-appreciated sponsor and supporter of GWIC, including affiliate organization CCI Press publishing the related book; Sending the Elevator Back Down, What We’ve Learned from Great Women in Compliance (CCI Press, 2020).

If you enjoyed the book, the GWIC team would be very grateful if you would consider rating it on Goodreads and Amazon and leaving a short review.  Don’t forget to send the elevator back down by passing on your copy to someone who you think might enjoy reading it when you’re done, or if you can’t bear parting with your copy, consider it as a holiday or appreciation gift for someone in Compliance who deserves a treat.

You can subscribe to the Great Women in Compliance podcast on any podcast player by searching for it and we welcome new subscribers to our podcast.

Join the Great Women in Compliance community on LinkedIn here.