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Daily Compliance News

Daily Compliance News: April 14, 2025, The Cascade of Corruption 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 your morning coffee, and listen 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. Yesterday, Trump rolled back almost all tariffs he had imposed 48 hours earlier. We look at four stories on that issue from the compliance angle.

Top stories include:

  • Trump’s tariffs will lead to a cascade of corruption. (CNN)
  • What happens when you tell workers they are bad? (FT)
  • Trump creates both chaos and risk. (NYT)
  • China admits role in infrastructure hacks. (WSJ)
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Daily Compliance News

Daily Compliance News: April 2, 2025, The All WSJ 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 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:

  • What is the true cost of corruption-lost lives? (WSJ)
  • Agentic AI and ‘a moment of truth.’ (WSJ)
  • Head of EU Competition heads to US for Liberation Day. (WSJ)
  • The eyes of Dr. T. J. Eckleburg. (WSJ)
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10 For 10

10 For 10: Top Compliance Stories For the Week Ending March 29, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear the stories every compliance professional should know from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • Will Habba go to trial in the Cognizant Tech execs case?  (NY Post)
  • Boeing was sued for the wrongful death of a whistleblower. (WSJ)
  • Even Bloomberg says to enforce the FCPA. (Bloomberg)
  • The House speaker says Congress can eliminate district courts. (Reuters)
  • What is the fire risk for your business? (NYT)
  • Judge orders Boeing to trial. (WSJ)
  • Mintz’s staff was freed after 2 years in Chinese jail.  (BBC)
  • Blatter and Platini were cleared of corruption charges. (Reuters)
  • Target DEI flip-flop costs. (Bloomberg)
  • Nadine Menendez’s: From Under the Bus to ‘Mon Amor”. (Bloomberg)

You can check out the Daily Compliance News, which features four curated compliance and ethics stories each day here.

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Daily Compliance News

Daily Compliance News: March 24, 2025, The ABC Task Force 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 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:

  • UK, France, and Switzerland launch the ABC task force. (WSJ)
  • How resilient is your power supply? (BBC)
  • China targets ‘petty’ corruption. (WSJ)
  • Is the Former Argentinian President banned from the US for corruption? (Buenos Aires Times)
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Daily Compliance News

Daily Compliance News: March 6, 2025, The Rollercoaster Continues 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:

  • Selling the C-Suite on risk and compliance. (PYMNTS)
  • Contradicting lawyers, Trump says Musk is running DOGE. (WSJ)
  • Trump backs off auto tariffs. (NYT)
  • Corruption is tainting the fight against climate change. (Grist)

For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

Check out the FCPA Survival Guide on Amazon.com.

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FCPA Compliance Report

FCPA Compliance Report – DeepSeek and the Recalibration of Risk with Mike Huneke and Brent Carlson

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom welcomes back Mike Huneke and Brent Carlson for a special two-part podcast series on DeepSeek’s bombshell AI advancements announced on President Trump’s inauguration day. In Part 1, they review the business and compliance implications, and in Part 2, they consider the Sputnik Moment that has occurred.

In Part 1, they consider the immediate and significant repercussions in both the business and compliance landscapes. Key topics include the economic and geopolitical ramifications of DeepSeek’s innovations, changes in export control policies, and the unique compliance challenges AI technology poses. The discussion also examines how corporations can recalibrate their risk frameworks, integrate high-probability standards, and leverage data analytics to handle millions of transactions in a global economy. Emphasizing the importance of comprehensive compliance programs, the episode provides actionable insights for compliance professionals navigating this evolving landscape.

Key highlights:

  • DeepSeek’s AI Breakthrough
  • Economic and Compliance Implications
  • Export Controls and Legal Concerns
  • Compliance Strategies and Risk Management
  • Training and Organizational Culture

Resources

Mike Huneke

Hughes Hubbard & Reed website

Brent Carlson on LinkedIn

A Fresh Look at US Export Controls and Sanctions

DeepSeek Finds US Export Controls at a New ‘Sputnik Moment’ in Bloomberg.Law

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For more information on the Ethico Toolkit for Middle Managers, available at no charge, click here.

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Compliance Into the Weeds

Compliance into the Weeds: Risk-Based Compliance Lessons from a Young Entrepreneur’s Ice Cream Stand

The award-winning, Compliance into the Weeds is the only weekly podcast that takes a deep dive into a compliance-related topic, literally going into the weeds to explore a subject more fully. Are you looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this special election day episode of ‘Compliance into the Weeds,’ Tom Fox and Matt Kelly dive into a lighter yet insightful compliance story involving a young boy named Danny Doherty.

At 12 years old, Danny set up a homemade ice cream stand in Massachusetts to raise money for a hockey team for children with developmental disabilities. However, the local health department shut its stand down due to risks associated with homemade dairy products, highlighting the importance of a risk-based approach in compliance activities. Tom and Matt discuss key compliance lessons from this incident, such as the necessity of addressing real risks, the potential for compliance failures despite good intentions, and the importance of effective communication by regulators.

Key highlights:

  • The Story of Danny Doherty
  • Compliance Lessons from Danny’s Story
  • Risk-Based Approach in Compliance
  • The Importance of Communication in Compliance

Resources:

Radical Compliance

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Sunday Book Review

Sunday Book Review: November 3, 2024 – The Books on Risk Edition

In the Sunday Book Review, I consider books that would interest the compliance professional, the business executive or anyone who might be curious. It could be books about business, compliance, history, leadership, current events, or anything else that might interest me.

In today’s edition of the Sunday Book Review, we look at four top book risks for the compliance professional in November 2024.

  1. Against the Gods: The Remarkable Story of Risk by Peter L. Bernstein
  2. The Black Swan: The Impact of the Highly Improbable by Nassim Nicholas Taleb
  3. Risk: A User’s Guide by General Stanley McChrystal and Anna Butrico
  4. Risk: A Very Short Introduction by Baruch Fischhoff and John Kadvany

 

Resources:

Top Books To Read on Risk in 2024 in Dataminr.com

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Trekking Through Compliance

Trekking Through Compliance – Episode 50 – Ethical Lessons from Patterns of Force

In this episode of Trekking Through Compliance, we consider the episode  Patterns of Force, which aired on February 16, 1968, and occurred on Star Date 2534.

When the Enterprise approaches the inner planet Ekos to investigate the cessation of communication with researcher John Gill, it is attacked by a rocket carrying a nuclear weapon. Kirk and Spock beam down to explore and discover that a Nazi movement has swept the planet. John Gill is their leader.

They are captured, and in jail, they find that the Nazi movement began with the arrival of Gill. They escape and penetrate Nazi headquarters. They discover that Gill is only the drugged puppet of Deputy Führer Melakon. Gill and Melakon are killed. Kirk and company then return to the Enterprise in peace.

Commentary

The storyline follows the Enterprise crew as they uncover a Nazi regime on the planet Ecos, led surprisingly by John Gill. The episode delves into the ethical and compliance implications of totalitarian ideologies. Tom Fox extracts key compliance lessons from this narrative, including the importance of thorough context understanding, identifying unethical practices, recognizing normalization dangers, gathering diverse perspectives, upholding principles, empowering whistleblowers, and using appropriate interventions. These lessons offer practical guidance for fostering an ethical and compliant organizational culture.

Key Highlights

  • Story Synopsis
  • Fun Facts and Behind the Scenes
  • Ethical Lessons from Patterns of Force
  • Practical Compliance Strategies

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

 

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Trekking Through Compliance

Trekking Through Compliance – Episode 23 – Business Ethics Lessons from A Taste of Armageddon

In this episode of Trekking Through Compliance, we consider the episode A Taste of Armageddon, which aired on February 23, 1967, with a Star Date of 3192.1.

The Enterprise arrives at Eminiar VII to open diplomatic relations. Unfortunately, a tri-cobalt satellite explosion from Vendikar declared it destroyed, and all persons aboard were ordered to report for disintegration within 24 hours.

Kirk manages to tell Scotty to issue General Order 24 (destruction of the planet) in two hours. Kirk then overpowers his guards and is joined by Spock. They destroy the central computer. This nullifies the treaty with Vendikar and initiates a real war unless Anan 7 agrees to make peace with its ancient enemy. Now faced with the grisly consequences of a real war, Anan agrees, and Fox offers to mediate the negotiations. As the Enterprise heads towards Organna 2, Fox reports from Eminiar VII that the outlook is hopeful.

 Commentary

The Enterprise encounters a planet in a simulated war with severe compliance and ethical implications. Key takeaways include prioritizing human rights, embedding corporate responsibility, fostering transparency, encouraging ethical leadership, empowering employees to speak up, and conducting proactive risk assessments. These lessons can help compliance professionals build ethically grounded and financially successful organizations.

Key Highlights

  • Plot Summary of ‘A Taste of Armageddon’
  • Interesting Factoids and Analysis
  • Business Ethics Lessons from the Episode

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha