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Life with GDPR

Life With GDPR: What Does The UK Election Mean for Compliance?

Tom Fox and Jonathan Armstrong, a renowned expert in cybersecurity, co-host the award-winning “Life with GDPR.” Jonathan has returned from his hiatus, and in this episode, we examine the UK election results and their potential impact on compliance.

The recent UK election has significant implications for compliance, particularly concerning the dynamics between the UK’s Serious Fraud Office (SFO) and the new government. Jonathan Armstrong, an expert on bribery enforcement, anticipates that the new administration under Keir Starmer will focus on high-profile issues like the PPE scandal while maintaining robust enforcement actions, including dawn raids.

Armstrong and Fox bring deep insights into the potential compliance landscape, shaped by their extensive backgrounds: Armstrong’s expertise in corruption investigations and Fox’s experience with the criminal justice system.

Fox highlights the impact of the new Prime Minister’s legal background in bolstering enforcement efforts and contemplates the future governance of AI under this administration. Both experts foresee a political shift, with Armstrong expecting the Conservative Party to lean rightward yet occupy the political center, and Fox emphasizing the continuity and experience the new government brings to compliance and enforcement issues.

 

Key Takeaways:

  • Heightened Bribery Enforcement Under New Government
  • Russian Sanctions and Uighur Import Regulations
  • Data Protection Bill Changes Post-UK Election
  • UK’s New Administration Faces Challenges and Changes
  • Center-Ground Positioning in UK Politics

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FCPA Compliance Report

FCPA Compliance Report: Jonathan Armstrong on Sweeping Changes in The UK Government: Insights on Compliance

Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this edition of the FCPA Compliance Report, Tom Fox welcome Jonathan Armstrong to discuss the seismic shift in the UK’s political landscape following the election last week.

The election was literally one for the ages. It led to a significant Labor victory over the Conservatives. They delve into the implications for compliance and governance in both the UK and globally. Topics include the new government’s proactive approach, anticipated shifts in bribery enforcement, and fiscal policies.

They also explore potential changes in AI regulation, employment law, data protection, and international relations, especially concerning Russia and China. The conversation highlights Labor’s balanced strategy, aiming for sensible, centrist policies while addressing key issues like corruption, AI, and data privacy.

Highlights in this Episode:

  • An election result for the ages
  • Impact on Bribery and Corruption Enforcement
  • Trade Sanctions, Russian Oligarch’s and Forced Labor
  • AI and Beyond
  • Data Privacy and Data Protection
  • Labor and Employment Rights

 Resources:

Jonathan Armstrong on LinkedIn

UK General Election 2024 – What Might This Mean for Compliance?

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Daily Compliance News

Daily Compliance News: June 19, 2024 – The Far from Perfect 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.

In today’s edition of Daily Compliance News:

  • Boeing culture is ‘far from perfect’ according to the CEO. (WSJ)
  • A Swiss regulator finds HSBC violated AML regulations. (FT)
  • A former Glencore employee is set to be charged by the SFO. (FT)
  • The UK’s richest family is on trial for human trafficking.  (BBC)

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

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending May 18, 2024

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 to you, the compliance professional, the compliance stories you need to be aware of to end your busy week.

Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of from the prior week.

Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for compliance professionals, 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.

  • The SFO is reviewing LIBOR prosecutions.  (FT)
  • Opening statement in the Senator Menendez trial.  (Bloomberg)
  • The DOJ says Boeing violated its DPA.  (Reuters)
  • PCAOB adopts tighter rules on auditor quality.  (WSJ)
  • Did DOJ steal Unaoil prosecution from SFO?  (Economist)
  • The FDIC head goes to Congress. It’s not pretty.  (NYT)
  • Bill Hwang lied. (This is my shocked face.)  (FT)
  • Investment advisors must vet customers.  (WSJ)
  • Meta faces an EU probe over child abuse protections.  (WSJ)
  • FIFA rolls back ABC reforms.  (NYT)

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

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

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Daily Compliance News

Daily Compliance News: May 17, 2024 – The Reviewing LIBOR Prosecutions 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.

In today’s edition of Daily Compliance News:

  • The SFO is reviewing LIBOR prosecutions.  (FT)
  • Meta faces an EU probe over child abuse protections. (WSJ)
  • FIFA rolls back ABC reforms. (NYT)
  • A German lawmaker was investigated for corruption. (Bloomberg)

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

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Daily Compliance News

Daily Compliance News: May 15, 2024 – The PCAOB 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.

In today’s edition of Daily Compliance News:

  • PCAOB adopts tighter rules on auditor quality.   (WSJ)
  • Did DOJ steal Unaoil prosecution from SFO.  (Economist)
  • Is the NLRB unconstitutional?  (Reuters)
  • The US needs more accountants. (FT)

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

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending April 27, 2024

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 to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of 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.

  • A former SNC Lavalin exec sentenced to 3 years on corruption charges. (Financial Post)
  • Trade sanctions in PdVSA-related case. (WSJ)
  • McKinsey is under criminal investigation for opioid work. (NYT)
  • A Deputy Russian Defense Minister was arrested on corruption charges. (CNN)
  • South Africa ups pressure on the UAE to extradite Guptas.  (Bloomberg)
  • DOJ wants a 3-year prison term for the former Binance CEO.  (Bloomberg)
  • SFO to review cases after software problems. (FT)
  • FTC bans non-competes.  (FTC Press Release)
  • Real-Estate Agents, Investment Advisers Chafe at the New Anti-Money-Laundering Rules. (WSJ)
  • Boeing families want criminal charges filed. (France24)

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

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day, here.

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Daily Compliance News

Daily Compliance News: April 22, 2024 – The Bad SW 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.

In today’s edition of Daily Compliance News:

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

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending March 9, 2024

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 to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should be aware of 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.

  1. The DOJ announces a whistleblower program.  (WSJ)
  2. More from DAG Monaco. Changes to ECCP regarding AI. (Compliance Week)
  3. The NYT asks for Boeing whistleblowers. (NYT)
  4. Forced labor and Porsches.  (WSJ)
  5. The SEC approves weakened climate change rules. (NYT)
  6. Bribery acquittal in London. (F T)
  7. The CTA ruled it unconstitutional. (NYT)
  8. Senator Menendez, a co-defendant, pleads guilty. (CNBC)
  9. Ethisphere announces the World’s Most Ethical Company Awards. (Press Release)
  10. Gunvor is to pay $661 million for FCPA violations. (WSJ)

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

You can check out the Daily Compliance News for four curated compliance and ethics-related stories each day here.

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Daily Compliance News

Daily Compliance News: March 7, 2024 – The Forced Labor Slow Porsche 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.

In today’s edition of Daily Compliance News:

  • Forced labor and Porsches.  (WSJ)
  • Bribery acquittal in London. (FT)
  • The SEC approves weakened climate reporting rules. (NYT)
  • The Hotel California criminal trial was dismissed. (Bloomberg)

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