Tag: FCPA

Categories
This Week in FCPA

Episode 172 – the Tribute to Joe Mont edition

This episode begins on a somber note as Tom and Jay note the passing of Compliance Week reporter Joe Mont and what he meant to the greater compliance community. They then turn to discuss some of this week’s top compliance and ethics stories which caught their collective eyes.
1.    Tributes to Joe Mont.
2.    Mike Volkov takes a deep dive into the recent Business Roundtable Statement on the Purpose of a Corporation on Corruption Crime and Compliance.
3.    Former Cognizant Technologies COO, Sridhar Thiruvengadam, settles FCPA charges. Dick Cassin.
4.    Netherlands proposes nationwide AML system. John Rusch reports.
5.    What is an ethical culture and why does it matter? Jay begins a multipart series.
6.    What is algomerithic corporate misconduct. Milhailis Diamantis explores.
7.    Despite prevaling opinions, CCO is not a ‘god’. Clara Hudson reports on the Odebrecht CCO remarks at SCCE.
8.    Do UK DPAs throw individuals under the bus? Ross Dixon asks.
9.    Mary Shirely tells you how to ace job interviews.
10. Tom continues his preview of the Converge19 speakers in a special bonus series of podcasts on the Compliance Podcast Network. Check out the following: Monday-Scott McCleskey on mapping the ethical risk in your company;  Tuesday-Valerie Towery on cross functional collaboration; Wednesday-Kurt Stitcher on Operation Globalization; Thursday-Matt Kelly on Developing Effective Strategies for Third Parties & Data Security Risk and Friday– Anna Aster on The Future CECO: The Executive Recruiter’s Perspective. The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Megaphone,YouTube,  Spotifyand theCompliance Podcast Network.
11. The Everything Compliance gang will be doing its first live podcast at Converge19. You should be there! Listeners to this podcast can obtain a complimentary ticket by using the promotion code foxvip, for registration and information, click here.
Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.
Categories
This Week in FCPA

Episode 171 – the Jay Clayton Speaks (or not) edition

As SEC Chair Jay Clayton scolds the rest of the world for its lack of anti-corruption enforcement and does say why he wants to dump a PCAOB Member, Tom and Jay are back  to discuss some of this week’s top compliance and ethics stories which caught their collective eyes.

  1. SEC Chair scolds weak overseas anti-corruption enforcement. Dave Micheal reports in the WSJ Risk and Compliance Journal.
  2. Why does SEC Chairman want to get rid of PCAOB member, Kathleen Hamm? Francine McKenna explores in MarketWatch.
  3. Fair Pay to Play? California pass law allowing college athletes to be compensated. Michael McCann reports in com.
  4. Did the SFO put in a ‘self-certification’ requirement in its recent Guidance on Cooperation? Aziz Rahman says yes in the FCPA Blog.
  5. How can independent integrity monitors help to limit adverse consequences in health care? Jay concludes his series on monitors in the health care industry in CCI.
  6. NYU PCCE gets new Executive Director as Alycin Cooley joins the group. NYU Compliance and Enforcement Blog.
  7. How can you process personal employee data under GDPR? Laura Wright, Sarah Greenwood and Andrew Reeves opine in the FCPA Blog.
  8. What happens when employees ethical values are greater than those shown by their employer? Michael Toebee explores in an interesting post on CCI.
  9. One commentator suggests we hold back on international enforcement against bribe-takers. Anton Moiseeineko writes in theFCPA Blog.
  10. Tom continues his preview of the Converge19 speakers in a special bonus series of podcasts on the Compliance Podcast Network. Check out the following: Monday-Ricardo Pellafone and Ashley Lewis on Building Your Brand; Tuesday-Michael Williamson on moving to a values based culture; Wednesday-Mike Volkov on the Nuts and Bolts of Sanctions Compliance; Thursday-Nicole Pitts on Increasing Employee Engagement and Friday- Eric Feldman on the CCO’s role in performance management. The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Megaphone,YouTube,  Spotifyand theCompliance Podcast Network.
  11. The Everything Compliance gang will be doing its first live podcast at Converge19. You should be there! Listeners to this podcast can obtain a complimentary ticket by using the promotion code foxvip, for registration and information, click here.

Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com. For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Categories
FCPA Compliance Report

James Koukios on the Morrison and Foerster Top 10 International Anti-Corruption Developments for April 2019

In this episode I visit with podcast favorite Morrison and Foerster partner James Koukios on the firm’s Top 10 International Anti-Corruption Developments for April 2019. We look at some of the key international developments.  Highlights from the podcast include:

  1. The debate Over Meaning of “Agent” Under FCPA Intensifies Ahead of Hoskins Trial.
  2. Federal Court Finds FCPA Investigation Documents Protected by Attorney-Client Privilege.
  3. International Maritime Organization (IMO) Sets Anti-Corruption Agenda.
  4. We take a deep dive into the new Evaluation of Corporate Compliance Programs, 2019 Guidance. What is new (if anything)? How does this assist the corporate compliance professional? Should it be read in conjunction with the Benczkowski Memo?

To see a copy of the Morrison and Foerster Top 10 International Anti-Corruption Developments for April 2019, click here.

Categories
This Week in FCPA

This Week in FCPA-Episode 165– the Greinke to the Astros edition

The Astros hit a home run on the last minute of the trading deadline by obtaining Zack Greinke and Jay asks just how insufferable Tom will be until the Astros win the World Series again (Hint: Very). While Tom gloats, he and Jay turn their collective eyes to some of this week’s top compliance and ethics stories.
  1. Third parties are still the highest FCPA risk. So why are you still using them? Alexandra Gillies explores.
  2. How to manage high-risk distributors? Mike Volkov with a 2 part series.
  3. What is conspicuous integrity in the corporate setting? Shirin Ahlhauser explains.
  4. What is cognitive governance? James Bone begins a 5-part series.
  5. What is present responsibility and how does it related to debarment? Jay explains.
  6. What are the disclosure and notification requirements when managing a crisis? Lawyers from Cleary Gottlieb explain.
  7. Wonder if ethics and compliance still matter? Four Wachtel Lippon lawyers explain.
  8. Why do you need social media compliance as part of your ethics and compliance program. John Horowitz tells us in Navex Global’s Ethics and Compliance Matter
  9. Why the identification of high risk employees is critical. Jeff Kaplan explains.
  10. Comings and goings in the DOJ Fraud Section. Dylan Tokar reports.
  11. Our colleague Doug Cornelis participates in the annual 2-day, 192 mile Pan-Mass Bike Challenge which raises money for the fight against cancer. I hope you will join my again in supporting Doug by donating to PMC. Information on Doug’s ride, why he rides and donation button are all found here.
Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.
Categories
FCPA Compliance Report

FCPA Compliance Report-Episode 439, James Koukios on the Morrison and Foerster Top 10 International Anti-Corruption Developments for March 2019

In this episode I visit with podcast favorite Morrison and Foerster partner James Koukios on the firm’s Top 10 International Anti-Corruption Developments for March 2019. We look at some of the key international developments.  Highlights from the podcast include:

  1. The MTS FCPA Settlement.
  2. Changes in FCPA Corporate Enforcement Policy-what is ‘De-Confliction’ and ephemeral messaging.
  3. OECD Working Group on Bribery Reports on the UK’s Foreign Bribery Enforcement Record.
  4. CFTC announces entry into FCPA enforcement.
  5. India appoints first anticorruption ombudsman.

To see a copy of the Morrison and Foerster Top 10 International Anti-Corruption Developments for March 2019, click here.

Categories
Everything Compliance

Everything Compliance-Episode 50-July Reflections Edition

Welcome to the only roundtable podcast in compliance. Today, we have the full quintet of Mike Volkov, Jay Rosen, Matt Kelly, Jonathan Armstrong and Sarah Hadden. Rants and shouts outs follow the commentary for this episode.

  1. Jay Rosen considers why governmental entities other than the federal government benefit from independent integrity monitors in their oversight capacity. This includes state AGs, state regulators, counties, cities and school districts. Jay reflects on the anniversary of his father’s death and shouts out to his memory for all the great advice he got from him.
  1. Jonathan Armstrong considers how the ICO has bared its teeth in two recently proposed enforcement actions for data breaches; British Airways and Marriott. Jonathan shouts out to the England team which won the recently concluded Cricket World Cup and to the graciousness in defeat of the New Zealand team which lost in heartbreaking fashion.
  1. Sarah Hadden reflects on her six-month ride as owner/publisher of Corporate Compliance Insights. Hadden shouts out to a team of a female filmmakers who have formed One Vote at a Time dedicated to the eradication of gun violence. Not only do they believe in a future free of gun violence but they deploy skills to elect legislators at all levels of government to fight for it.
  1. Matt Kelly considers the compliance lessons from the Trump Administration’s detention camps on the US/Mexico border. Kelly rants about the USOC which is hiring its very first CCO. He also notes that it took him six clicks to find the USOC Code of Conduct on the Commission’s website.
  1. Mike Volkov discusses the new DOJ Antitrust Division’s Evaluation of Corporate Compliance Programs in Criminal Antitrust Investigations. Volkov shouts out to the Greater Houston Business and Ethics Roundtable (GHBER) as a model for local business ethics groups.
  1. Tom joins in a shout out to the author Andrea Camilleri, at the age of 69, took up mystery novel writing and came up with the Inspector Montalbano detective books.

The members of the Everything Compliance are:

The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network.

Categories
Daily Compliance News

Daily Compliance News: July 3, 2019, the SFO drops another investigation edition

In today’s edition of Daily Compliance News:

  • Why did the SFO drop its investigation into the principals of Unaoil? (The Guardian)
  • Walmart compliance professional nominated to federal bench. (Radical Compliance)
  • Two more charged in PetroEcuador bribe case. (FCPA Blog)
  • CFTC awards two whistleblowers. (CFTC Award)
Categories
This Week in FCPA

This Week in FCPA-Episode 160, the 6 Months to the Holidays edition

Tom and Jay are on opposite coasts yet again. But they are back together to consider Walmart, TechnipFMC and a host of other news from the world of compliance and ethics.  They are back  to discuss some of this week’s top compliance and ethics stories which caught their collective eyes.

  1. Last week Walmart, this week TechnipFMC. Harry Cassin breaks it down in the FCPA Blog. Dylan Tokar in the WSJ Risk & Compliance Journal.
  2. The pundits weigh on Walmart. Tom has a four part series (Part 1, Part 2, Part 3, Part 4) Mike Volkov has a 3-part series (Part 1, Part 2, Part 3) Matt Kelly says it’s the end of an era in Radical Compliance.
  3. How did Walmart’s $900+ in presettlement expenditures impact its final penalty? Dylan Tokar explores in the WSJ Risk & Compliance Journal.
  4. Mike Lynch takes the stand in London, says Meg Whitman wasn’t up to the job. Richard Crump reports in Law360.
  5. After FBI skewered DOJ gets conviction in Boston FCPA sting trial. Department of Justice Press Release.
  6. Internal control airball in Sacramento? Matt Kelly explores in Radical Compliance.
  7. What is the state of cyber security in mid-2019? Jonathan Rusch explores on Dipping Through Geometries.
  8. Does the EU whistleblower initiative enhance corporate culture? Pauline Blondet in CCI.
  9. Can regulators leverage monitors? Jay Rosen explores on CCI.
  10. Tom has a special 5-part podcast series this week, looking the current state of compliance with Terry Orr, MD of Kroll, who was the sponsor of the series. Check out the following: Part 1-Orr’s Journey to compliance; Part 2-significant FCPA enforcement actions; Part 3– the new DOJ Guidance; Part 4-Private Equity and Compliance; and Part 5-new challenges in healthcare compliance.  The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Megaphone,YouTube,  Spotifyand Corporate Compliance Insights,  Compliance Podcast Networkand now on the C-Suite Radio Network.
  11. AP Capaldo-Aoun and Marcia Narine Weldon join the Compliance Podcast Network with their new podcast Integrity Factor. Check them out here.
  12. Tom and Hanzo combine for a new eBook THE 2019 GUIDE TO INTERNAL INVESTIGATIONS FOR COMPLIANCE – An eBook on Planning, Protocols, Data Collection, Triage, and Remediation. It’s available for download at no charge here.

Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is       Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Categories
Daily Compliance News

Daily Compliance News: June 26 2019-the TechnipFMC settles edition

In today’s edition of Daily Compliance News:

  • Recidivist TechnipFMC settles FCPA enforcement action. (FCPA Blog)
  • Merrill Lynch settles market manipulation charges. (WSJ)
  • We want to comply but can’t. (Washington Post)
  • US chip companies still selling to Huawei. (NYT)
Categories
FCPA Compliance Report

The Current State of Compliance – Issues and Challenges: Part 2 – Lessons Learned from Recent Enforcement Actions

In this five-part podcast series, I visit with Terry L Orr, a Managing Director at Kroll, a division of Duff & Phelps, the sponsor of this podcast series. We visit on the current state of compliance through the lens of recent Foreign Corrupt Practices Act (FCPA) enforcement actions and the Evaluation of Corporate Compliance Programs, 2019 Guidance, consider some of the specific issues in compliance for private equity and the increased importance of compliance in the healthcare industry. It is a comprehensive look at state of compliance at the half-year mark of 2019. In Part II, we consider what can be learned from recent FCPA investigations and settlements.
Which will be the topic of our next Podcast. For more information on Kroll, a division of Duff & Phelps, click here. For more information on Terry Orr, click here. Join us for our next episode where take a deep dive into DOJ’s recent Evaluation of Corporate Compliance Programs, 2019 Guidance.