Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Today, Matt and Tom take a the recently filed lawsuit by Shaquala Williams against JPMorgan for alleged retaliation for her internal whistleblowing. Williams was in a compliance function at the bank and claimed she was terminated for raising the issues that JPMorgan was not living up to its reporting requirements under a DPA.Some of the issues we consider are:
- Facts of the claim?
- Made in the context of an ongoing DPA.
- The lack of lack of documented policies and procedures.
- Siloed nature of compliance functions.
- Inconsistency in risk assessments.
- Why is a single source of truth so critical?
Resources
Matt in Radical Compliance, That Lawsuit Against JP Morgan