Tag: KPMG Australia

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Daily Compliance News

Daily Compliance News: August 21, 2026, The Doing Business With 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:

  • Trump threatens countries that do business with Iran. (NYT)
  • More whistleblowers down under. (Reuters)
  • Zelensky fires top aide. (FT)
  • CK Hutchison files an arbitration claim against Panama. (WSJ)

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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Everything Compliance

Everything Compliance: The Around the World and Close to Home Edition

Welcome to a revamped Everything Compliance. We have a new host, Adam Turteltaub, and a new panelist, Rebecca Walker, who joins returning regulars Matt Kelly, Jonathan Armstrong, and Karen Moore for the next iteration of Everything Compliance.

  • Matt Kelly analyzes Bosch’s export controls violations involving Huawei under the foreign direct product rule, resulting in a $36 million BIS penalty, DOJ declination after self-disclosure, and major remediation hiring.
  • Karen Moore covers the UK Commercial Payments Bill, aimed at protecting SMEs via a 60-day payment cap, mandatory late-payment interest, dispute-timing rules, a stronger Small Business Commissioner, and “name and shame” disclosures with potential ESG/fraud implications for supplier-treatment claims. Rebecca Walker shares NAVEX 2026 survey findings linking leadership “say vs. do” gaps to higher violations.
  • Jonathan Armstrong covers a recent speech by the Director of the Serious Fraud Office, Graeme McNulty, who said the SFO intends to be a more active enforcer and to use the new failure-to-prevent-fraud offense with practical tips on policies, role-based training, fast tip-off response, properly resourced investigations, self-reporting, tone from the top, and third-party due diligence.
  • Rebecca Walker focuses on speak-up culture, emphasizing post-report communications, lessons from KPMG Australia, and Navex data showing higher report volumes and longer investigation closure times.

The members of Everything Compliance are:

The award-winning Everything Compliance is a part of the Compliance Podcast Network.