In today’s edition of Daily Compliance News:
- Musk backs down from Twitter Board. (Reuters)
- In-person RIMS returns. (WSJ)
- Crypto usage is higher in corrupt countries. (Finbold)
- Zuma trial postponed yet again. (Al Jazeera)
Tag: South Africa
In today’s edition of Daily Compliance News:
- Rethinking using IP address to enforce sanctions. (WSJ)
- The truth will set you free. (Bloomberg)
- The most common types of corruption in South Africa. (Business Tech)
- House to look into Amazon safety practices. (NYT)
Super Sunday passed with fun but poorly played, poorly officiated, and poorly coached. Tom and Jay are back to look at some of the week’s top compliance and ethics stories this week in the Rams Win It All Edition.
Stories
- Ericsson is in more FCPA trouble. Mengqi Sun in the WSJ Risk and Compliance Journal. Aaron Nicodemus in Compliance Week. (sub req’d)
- DD impeding compliance in developing markets? Katya Lysova explores in the FCPA Blog.
- ESG-no longer a nice to have. Karen Alonardo in Risk and Compliance Matters.
- State AGs are waiting. Ashley Taylor and Chris Carlson in CCI.
- The latest case on CCO liability. Matt Kelly in Radical Compliance.
- Broken windows and compliance enforcement. Anthony O’Reilly in Compliance and Enforcement.
- Companies yet again ask the EU for rules around ESG. Lawrence Heim inpracticalESG.
- White-collar enforcement trends in 2021. Jamie Rosenberg in Grand Jury Target.
- HP-Autonomy from the auditors’ perspective. Francine McKenna in The Dig.
- South African courts deny Zuma’s attempt to remove the SA corruption prosecutor. Rick Messick in GAB.
Podcasts and More
- In February on The Compliance Life, I visited Ellen Smith, a former Director of Trade Compliance who recently started her consulting firm. In Part 1, she discussed her academic background and early professional career. In Part 2, Ellen discussed her move in-house. In Part 3, Ellen discusses being a part of the Compliance Dream Team at Weatherford.
- Tom and Richard Lummis are in the middle of their annual review of Best Picturing winning movies on 12 O’Clock High, a podcast on business leadership. Part 1 reviews Schindler’s List for leadership and ethical lessons. In Part 2, the look at Gladiator.
- CCI releases a new e-book from Mike Volkov, “Compliance Culture Revolution.” Available free from CCI.
- Tom looks at some innovation in compliance with a 3-part blog post series in the FCPA Compliance and Ethics Blog. Topics include Compliance Ecosystem Governance, Compliance Branding, Building Culture & Compliance Coaching.
- Are you a Star Wars fan? How about an uber-Geek? You will love the 5-part series appearing next week on the Greeting and Felicitations podcast series on the Compliance Podcast Network if you are either or both. In this series, Tom visits astrophysicist Dr. Ben Locwin on the following topics: Traveling in Hyperspace, Fighting with a Light Saber, Mechanical Prosthetics, Cyborgs and Robots, and the Death Star. It is a ton of fun, and you will love it. Each episode will post at 10 each day next week. Check it out daily.
Tom Fox is the Voice of Compliance and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.
In today’s edition of Daily Compliance News:
- Leissner takes the stand in Ng trial. (Yahoo!News)
- Zuma efforts to dismiss corruption changes rejected. (Al Jazeera)
- Muddy Waters under DOJ scrutiny. (Reuters)
- Ericsson finds more post settlement corruption. (WSJ)
In the Episode, I am joined by Louis Perold, founder of Citadel Compliance. Perold has with more than 20 years’ experience in legal and compliance across various industries including financial, oil and gas, mining, retail and manufacturing. He has successfully transformed and operationalized global ethics and compliance risk management programs from concepts to real-world practices and infrastructures that work. He is a strategic business partner and team-focused leader experienced in delivering proactive solutions that help protect organizations from compliance failures, liabilities, and reputational damage. He is also a well-respected global educator, advocate, and influencer on ethics and compliance risk management effectiveness and best practices.
We visit about his founding of Citadel Compliance, the current state of ABC compliance in South Africa and how Covid-19 has impacted business in South Africa. Some of the highlights include:
- What does Perold hope to bring to the market through your own compliance consulting firm, Citadel Compliance?
- How does Perold assess the current state of anti-corruption compliance in South Africa?
- Have internationally focused South African companies come to embrace ABC compliance as a way of doing business?
- For companies who want to do business in South Africa, what are some of the key issues from the compliance perspective?
- What are some of the ways coronavirus has impacted compliance in South Africa?
Resources
For more information on Perold, check out the Citadel Consulting website here.
