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Compliance Tip of the Day

Compliance Tip of the Day: Data Driven Compliance and Hybrid Work

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements.

Whether you’re a seasoned compliance professional or just starting your journey, our aim is to provide you with bite-sized, actionable tips to help you stay on top of your compliance game.

Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law.

Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

In today’s episode, we consider the need for new or additional analytics in the post-Covid era of hybrid work.

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

Categories
Daily Compliance News

May 25, 2022 the $2,465 an Hour Edition


In today’s edition of Daily Compliance News:

  • Glencore settles for $15bn. (FCPABlog)
  • Bosses in the UK want ‘butts in seats. (FT)
  • BYN settles for lying about ESG. (Compliance Week)
  • J&J’s lawyer wants to charge $2465 per hour in bankruptcy. (Reuters)
Categories
Compliance Week Conference Podcast

Lisa Fine on Adapting Compliance Programs to the “New Normal” of the Hybrid/Remote Work Environment

In this episode of the Compliance Week 2022 Preview Podcasts series, Lisa will discuss some of my presentation at Compliance Week 2022 “On Adapting Compliance Programs to the “New Normal” of the Hybrid/Remote Work Environment”. Some of the issues she will discuss in this podcast and her presentation are:

·      Discuss how the way of doing business has changed, both internally and externally, for global organizations and hear how compliance professionals are adapting their programs to account for the changes

·      Benchmark best practices in employee training and outreach programs within a hybrid work environment

·      Assess risks and hear lessons learned in conducting virtual investigations

In this first full compliance conference in over 2 years, I hope you can join me at Compliance Week 2022. This year’s event will be May 16-18 at the JW Marriott in Washington DC. The line-up of this year’s event is simply first rate with some of the top ethics and compliance practitioners around.

Gain insights and make connections at the industry’s premier cross-industry national compliance event offering knowledge-packed, accredited sessions and take-home advice from the most influential leaders in the compliance community. Back for its 17th year, compliance, ethics, legal, and audit professionals will gather safely face-to-face to benchmark best practices and gain the latest tactics and strategies to enhance their compliance programs. and many others to:

  • Network with your peers, including C-suite executives, legal professionals, HR leaders and ethics and compliance visionaries.
  • Hear from 75+ respected cross-industry practitioners who are CEOs, CCOs, regulators, federal officials, and practitioners to help inform and shape the strategic direction of your enterprise risk management program.
  • Hear directly from the two SEC Commissioners and gain insights into the agency’s areas of enforcement and walk away with guidance on how to remain compliant within emerging areas such as ESG disclosure, third-party risk management, cybersecurity, cryptocurrency and more.
  • Bring actionable takeaways back to your program from various session types including ESG, Human Trafficking, Board obligations and many others for you to listen, learn and share.
  • The goal of Compliance Week is to arm you with information, strategy and tactics to transform your organization and your career by connecting ethics to business performance through process augmentation and data visualization.

I hope you can join me at the event. For information on the event, click here. As an extra benefit to listeners of this podcast, Compliance Week is offering a $200 discount off the registration price. Enter discount code discount code TFLAW $200 OFF.

Categories
Trekking Through Compliance

Trekking Through Compliance-Episode 9-Dagger of the Mind


In this episode of Trekking Through Compliance, we consider the episode Dagger of the Mind which aired on November 3, 1966, Star Date 2715.1.
The Enterprise makes a supply run to planet Tantalus V, a colony where the criminally insane are confined for treatment. The facility’s director is Dr. Tristan Adams, a psychiatrist famous for advocating more humane treatment of such patients. After the Enterprise delivers supplies and receives cargo from Tantalus, a man emerges from the container taken aboard and assaults a technician. Reaching the bridge, the intruder demands asylum, but Spock subdues him with a Vulcan nerve pinch. In sickbay, the intruder identifies himself as Simon van Gelder, and a computer check reveals that he is not a patient, but Dr. Adams’ assistant.
On the Enterprise van Gelder becomes increasingly frantic, warning that the landing party is in danger. Spock learns that the neural neutralizer can empty a mind of thoughts, leaving only an unbearable feeling of loneliness and that Adams has been using it on inmates and staff to gain total control of their minds.
Kirk decides to test the neutralizer on himself, with Noel at the controls. Adams appears, overpowers Noel, seizes the controls, increases the neutralizer’s intensity, and proceeds to convince Kirk that he has been madly in love with Noel for years. Adams inadvertently reactivates the neural neutralizer, emptying his mind completely, killing him. Back on the Enterprise, Kirk is informed that van Gelder has destroyed the neural neutralizer. McCoy is surprised that loneliness could be lethal, but Kirk, after his experience, is not.

Compliance Takeaways:
  1. Be careful at Christmas parties.
  2. How do you test new protocols?
  3. How you treat your direct reports is critical for your success as a CCO.
Resources
Excruciatingly Detailed Plot Summary by Eric W. Weisstein for Daggerof the Mind
MissionLogPodcast.com-Daggerof the Mind