Tag: Navex

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Great Women in Compliance

Great Women in Compliance – The Future of the Profession

It’s a new year and a new administration.  Listen to two experts talk about what their crystal balls reveal about the profession’s future and how #Ethics and #Compliance professionals should prepare for what may lie ahead.

🎧 Listen to the full episode here.

In this #GWIC roundtable podcast, @Lisa Fine and @Ellen Hunt talk with our guests about:

  • What characteristics make ethics and compliance professionals and their programs succeed?
  • The potential impact of technology and #AI.
  • How we might bridge the divide between the U.S. and the EU regarding #DEI and ESG.
  • The most insightful results of @ECI’s Global Business Ethics Survey and @Navex’s benchmarking surveys.

Thanks, as always, to our sponsor, #Corporate Compliance Insights, and our wonderful #GWIC community. You can join the Great Women in Compliance community on LinkedIn here.

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FCPA Compliance Report

FCPA Compliance Report – Carrie Penman with Insights from The SEC’s Office of The Whistleblower Annual Report

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes back Carrie Penman from Navex with insights from the SEC’s Office of the Whistleblower Annual Report.

Carrie Penman is a seasoned compliance professional and writer with a profound understanding of the surge in whistleblower reports and concerns in the SEC’s office. Penman’s perspective on the topic is that the significant rise in whistleblower tips being reported to the SEC is due to high-profile cases where whistleblowers have received substantial financial awards, which has raised awareness among employees and encouraged them to utilize the whistleblower program.

She also notes a decrease in internal reporting on accounting-related issues, suggesting that organizations should further examine this trend. Penman emphasizes the importance of addressing retaliation issues and fostering a culture that encourages internal reporting. She advocates for training first-line managers and supervisors to properly handle and escalate whistleblower reports, viewing the increase in whistleblower reports as a long-term issue that requires a multi-pronged effort and cultural change within organizations. Join Tom Fox and Carrie Penman on this episode of the FCPA Compliance Report to delve deeper into this topic.

Key Highlight:

  • Increase in Whistleblower Tips and Rewards
  • The Discrepancy Between Internal and External Reporting
  • The Crucial Role of First-Line Managers and Supervisors in Addressing Employee Concerns
  • Building a robust culture of speaking up

Resources:

Carrie Penman on LinkedIn

Navex

Tom Fox

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Facebook

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2 Gurus Talk Compliance

2 Gurus Talk Compliance – Florida Man Moves Outside of Florida

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! This week on the podcast, we discussed a variety of financial fraud and corruption cases that have recently come to light. From Bank of America’s creation of millions of fake accounts to KPMG getting caught cheating in the Netherlands, these cases serve as a reminder to the importance of strong compliance programs and the need for companies to be proactive in preventing fraud. Additionally, the DOJ is utilizing data analytics to enhance their ability to prosecute FCPA cases, while Women in Compliance work to empower and support female professionals in the industry. Finally, the Florida Man Scam highlights the need to be aware of the potential for scams and to exercise caution when giving out personal information.

Highlights Include

·      Bank of America Scandal

·      Navex Survey

·      Corruption in Singapore

·      KPMG Cheating Scandal

·      Kenneth Polite Reflects

·      Lisa Osofsky Reflects

·      Women in Compliance

·      Florida Man Should Stay in FL

·      Contracts and Emojis

 

Resources 

  1. WSJ Risk and Compliance Journal
  2. FCPA Blog
  3. Radical Compliance
  4. Dutch News
  5. WSJ Risk and Compliance Journal
  6. DOJ Press Release
  7. 2023 Navex Survey
  8. Reuters
  9. Compliance Week
  10. BBC

Connect with Kristy Grant-Hart on LinkedIn

Spark Consulting

Tom 

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Compliance Into the Weeds

Compliance into the Weeds: What is Driving Compliance Engagement at the Board?

The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, going into the weeds to explore a subject more fully and looking for some hard-hitting insights on sanctions compliance. Look no further than Compliance into the Weeds!

In this episode, co-hosts Tom Fox and Matt Kelly dissect the Navex 2023 State of Risk and Compliance Report. Tom and Matt delve into Navex’s annual benchmarking report, which surveyed 1,300 compliance professionals. The report revealed that 53% of respondents described their compliance programs as mature. Matt and Tom question whether the board is driving the conversation or if compliance officers request updates due to potential liability. The report’s findings on cybersecurity and privacy concerns, survey results on where compliance should reside in a company, and the importance of having a mature anti-bribery anti-corruption compliance program are all discussed. Tune in to hear more about how compliance officers can address pressing concerns such as cybersecurity breaches and attacks.

Key Highlights:

  • Navex’s benchmark report on compliance programs
  • Board-Compliance Officer Relationship & Cybersecurity in Compliance
  • The necessity of Dedicated Compliance Committees
  • Survey Finds Diverse Views on Compliance Placement in Companies
  • The Importance of Anti-Bribery Compliance for Cybersecurity
  • Compliance Officer Reporting to CISO Dynamics

 Resources:

Matt 

LinkedIn

Blog Post in Radical Compliance

Tom 

Instagram

Facebook

YouTube

Twitter

LinkedIn

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Corruption, Crime and Compliance

Episode 246 – NAVEX’s Global Hotline Benchmarking Report

As the leading hotline provider in the global market, NAVEX is uniquely positioned to collect and analyze employee reporting trends. Each year, NAVEX issues an important report on current trends in employee reporting, whistleblowers, internal investigations, and potential retaliation. NAVEX’s database consists of 1.37 million reports made in 2021 at organizations around the world. In this episode, Michael Volkov reviews the key findings from the 2022 report. Here is a link to the report. (https://www.navex.com/en-us/campaigns/2022-hotline-incident-management-benchmark-report/)

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Compliance and Coronavirus

Carrie Penman and Sam Abadir on Business Continuity


Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. In this episode, I visit Sam Abadir, Director of Industry Solutions at Navex Global and Carrie Penman, Chief Risk and Compliance Officer at Navex Global. They recently co-authored the article 6 Tips to Go From Disaster Recovery to Business Continuity Planning. I recently caught up with them to ask them about their article and how companies can better plan for identifying risks that can lead to disasters.
Some of the highlights include:

  • What is the difference in disaster recovery v. business continuity?
  • Why is that important in this phase of the reopening?
  • What are six ways companies can shift to from planning for when a disaster strikes to identifying risks that can lead to disasters?

For me information and great articles check out Navex Global’s Risk and Compliance Matters