Tag: South Africa

Categories
10 For 10

10 For 10: Top Compliance Stories For the Week Ending October 4, 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 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.

Top stories include:

  • LRN named top compliance training provider. (Yahoo!Finance)
  • State of Texas to end law school oversight. (Reuters)
  • More sanctions on the Chinese tech sector. (WSJ)
  • Will 996 come to compliance? (NYT)
  • Cargo firm to leave India due to government extortion. (India Today)
  • LLMs can play a key role in enhancing compliance. (Engineering at Meta)
  • When corruption kills. (CNN)
  • Exxon seeks security assurances for the Mozambique LNG project. (FT)
  • TXSE gets SEC approval. (Reuters)
  • Charlie Javice gets more than 7 years in prison. (WSJ)

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

Connect with Tom 

Instagram

Facebook

YouTube

Twitter

LinkedIn

You can purchase a copy of my new book, Upping Your Game, on Amazon.com

Categories
Daily Compliance News

Daily Compliance News: September 29, 2025, The Full 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 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, including compliance, ethics, risk management, leadership, or general interest, relevant to the compliance professional.

Top stories include:

  • Trump demands Microsoft fire former DAG Lisa Monaco. (Law360)
  • Comey Indictment: Corruption is the point. (MSNBC)
  • Trump is changing the definition of corruption. (The Guardian)
  • Is South African corruption a threat to the world financial system? (The Hill)
Categories
Daily Compliance News

Daily Compliance News: August 28, 2025, The Occupied 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, including compliance, ethics, risk management, leadership, or general interest, relevant to the compliance professional.

Top stories include:

  • The Argentine Central Bank raises reserves in response to allegations of presidential corruption. (Reuters)
  • Teen suicide and ChatGPT. (NYT)
  • South Africans confront a 54% increase in fraud. (Bloomberg)
  • Microsoft employees occupy the CEO’s office in protest over the situation in Gaza. (WSJ)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

Categories
10 For 10

10 For 10: Top Compliance Stories For the Week Ending July 19, 2025

Welcome to 10 For 10, the podcast that brings you the week’s top 10 compliance stories in one episode 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.

  • SEC sanctions CCO who altered documents. (SEC Order)
  • The SEC grants $5 million in whistleblower awards. (Law360)
  • Meta settles shareholder claims on data privacy violations. (WSJ)
  • A Wells Fargo employee was denied departure from China. (WSJ)
  • ABC heads to the BVI to find out why it is dragging its feet. (The Guardian)
  • COSO pulls its Corporate Governance Framework (Radical Compliance)
  • Corruption comes to the Cannes Film Festival. (Ad Age)
  • SEC drops case against former Cognizant execs. (SEC Press Release)
  • FCA to take on workplace bullying. (FT)
  • Ramaphosa opens corruption investigation. (NYT)

You can donate to flood relief for victims of the Kerr County flooding by going to the Hill Country Flood Relief here.

Connect with Tom 

Instagram

Facebook

YouTube

Twitter

LinkedIn

Categories
Daily Compliance News

Daily Compliance News: April 17, 2025, The Musk Fights BEEs 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 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:

  • ICE to flood the workplace. (Bloomberg)
  • PwC exits high-risk countries. (FT)
  • Musk fights against South African Black empowerment laws. (BBC)
  • DNI releases report on Chinese corruption. (The American Prospect)
Categories
10 For 10

10 For 10: Top Compliance Stories For the Week Ending December 14, 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 you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should remember 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.

  • South African politicians slam token fine levied on McKinsey. (FT)
  • South African government is not working with McKinsey for the G-20.  (Bloomberg)
  • Fifth Circuit invalidates NASDEQ diversity requirements. (Reuters)
  • Ex-Trafigura COO says he was negligent, not criminal.  (Bloomberg)
  • Senators asked TD Bank to release the investigation results. (WSJ)
  • Former TD Bank employee charged.  (CNN)
  • Continued robust export control enforcement is predicted. (WSJ)
  • Patagonia fighting forced labor through exploring ‘atomic make-up’ of clothing. (WSJ)
  • Appeals Court upholds law requiring the sale of TikTok. (Reuters)
  • Methode discloses FCPA investigation. (MSN)

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

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

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

Connect with Tom 

Instagram

Facebook

YouTube

Twitter

LinkedIn

Categories
Daily Compliance News

Daily Compliance News: December 13, 2024 – The Token Fine 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.

  • Eric Trump drops hints of upcoming corruption. (TNR)
  • South African politicians slam token fine levied on McKinsey. (FT)
  • Fifth Circuit invalidates NASDEQ diversity requirements. (Reuters)
  • Ex-Trafigura COO says he was negligent, not criminal.  (Bloomberg)

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

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

Categories
Daily Compliance News

Daily Compliance News: December 10, 2024 – The Cost 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 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.

  • Trafigura used high-risk middlemen. (FT)
  • Inside a four-day workweek experiment. (NYT)
  • Did Boohoo illegally surveille employees? (BBC)
  • South African government is not working with McKinsey for the G-20.  (Bloomberg)

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

Check out the entire 3-book series, The Compliance Kids, on Amazon.com.

Categories
FCPA Compliance Report

FCPA Compliance Report – Adrian Roux on South Africa’s New Compliance Legislation and Its Global Impact

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this edition, Tom Fox welcomes Adrian Roux, a senior associate at Edward Nathan Sonnenberg, to discuss recent legislative changes in South Africa’s anti-corruption efforts and their global relevance.

Adrian highlights the introduction of a new offense in South Africa akin to the UK’s Bribery Act’s ‘failure to prevent bribery’ offense and discusses a new policy directive for non-trial resolutions for companies facing corruption charges. Both initiatives aim to mitigate extensive corruption exposed during the Zuma era’s state capture saga, which involved high-profile public and private sector corruption cases investigated by the Zondo Commission.

Adrian explains the challenges and implications of these legislative changes for compliance professionals globally, emphasizing the importance of understanding new compliance obligations and developing adequate procedural defenses. Additionally, the episode touches on increased international cooperation between South African and U.S. authorities in white-collar enforcement. This collaboration, noted in recent FCPA enforcement actions, signifies a growing trend towards global enforcement in corporate compliance and anti-corruption matters.

Highlights in this episode:

  • New Legislative Changes in South Africa
  • Failure to Prevent Offense
  • Adequate Procedures and Compliance Programs
  • Corporate Alternative Dispute Resolution Directive
  • International Cooperation in White Collar Enforcement 

Resources:

Arian Roux on LinkedIn

ENS Law Firm

Zondo Commission Report on State Capture

Article on 34A of the Prevention and Combating of Corrupt Activities Act

Tom Fox

Instagram

Facebook

YouTube

Twitter

LinkedIn

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

Check out the full 3-book series, The Compliance Kids, on Amazon.com.

For an audio/video version of the Compliance Kids book, Speaking Up is AWESOME, contact Tom Fox.

Categories
Daily Compliance News

Daily Compliance News: September 23, 2024 – The That Old Time Religion 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:

  • How Binance found that old time ‘compliance’ religion. (WSJ)
  • Is your supply chain weaponized? (WSJ)
  • Are Zombie Directors stalking US Boardrooms? (FT)
  • Michael Lomas extradited to South Africa. (BBC)