Tag: Supreme Court

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FCPA Compliance Report

FCPA Compliance Report – CTA at the Supreme Court – More Machinations, More Confusion

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom welcomes back Jonathan Wilson to discuss recent turbulent developments regarding the Corporate Transparency Act (CTA) at the Supreme Court.

The conversation includes key legal battles in Texas involving injunctions against the CTA. They explore the Supreme Court’s recent stay on a previous injunction, the new Smith v. Treasury case, and its implications. The hosts analyze the confusion and uncertainty surrounding compliance with the CTA and offer strategic advice to businesses during this chaotic period. They conclude with insights on the political and judicial landscape, potential future rulings, and the importance of the CTA in combating money laundering.

Key highlights:

  • Supreme Court’s Recent Actions
  • Smith v. Treasury Case Overview
  • Discussion on Universal Injunctions
  • Future Implications and Legal Advice
  • Political Landscape and CTA Support

Resources:

Jonathan Wilson on LinkedIn

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Tom Fox

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

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending January 11, 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.

  • Bayview Asset Management settles cyber weakness case. (WSJ)
  • Corruption at the Supreme Court. (Reuters)
  • Enron is back. What could go wrong? (NYT)
  • UBS to settle Credit Suisse tax fraud case. (Bloomberg)
  • Tribute to Jimmy Carter in the fight against corruption. (FT)
  • Former MoviePass CEO pleads guilty to fraud. (NYT)
  • OIG issues Nursing Home compliance guidance. (National Review)
  • China will deepen the corruption fight in areas such as finance and energy. (Bloomberg)
  • Boeing and DOJ get another month on a plea deal. (Law360) sub req’d
  • Corruption is the biggest threat to the Chinese Communist Party. (Reuters)

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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: January 10, 2025 – The Enron is Back 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.

Today’s top stories:

  • Bayview Asset Management settles cyber weakness case. (WSJ)
  • Corruption at the Supreme Court. (Reuters)
  • Enron is back. What could go wrong? (NYT)
  • UBS will settle Credit Suisse’s tax fraud case. (Bloomberg)

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 – Episode 740 – Jonathan Wilson on the Current Status of CTA Litigation

Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In the first episode of the 2025 FCPA Compliance Report, Tom welcomes back Jonathan Wilson, founder and CEO of the FinCEN Report, to discuss recent legal machinations surrounding the Corporate Transparency Act (CTA). They delve into a December court ruling by the Eastern District of Texas, which issued a universal injunction against the CTA, claiming it oversteps Congress’s authority under the Commerce Clause. The Fifth Circuit stay panel initially stayed this ruling but was later reinstated by the merits panel, leading the government to appeal to the Supreme Court. The episode also covers historical context, potential impacts on businesses, and predictions for future court actions regarding the CTA.

Key highlights:

  • Texas Top Cop Shop Case Overview
  • Court Rulings and Injunctions
  • Supreme Court Involvement
  • Government Response and Filing Process
  • Implications of Administration Change

Resources:

Jonathan Wilson on LinkedIn

FinCEN Report

Tom Fox

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

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Daily Compliance News

Daily Compliance News: December 18, 2024 – The Turn Your Knife on Yourself 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.

  • Judicial misconduct for judges to criticize Supreme Court Justice over ethics. (WSJ)
  • Xi wants an even more robust crackdown on corruption. (Reuters)
  • Nick Leeson on compliance. (Bloomberg)
  • Executives not fully trusting AI and compliance. (WSJ)

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.

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Compliance Into the Weeds

Compliance into the Weeds: The Supreme Court and Compliance

The award-winning Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Looking for some hard-hitting insights on compliance? Look no further than Compliance into the Weeds! In this episode, Tom Fox and Matt Kelly take a deep dive, analyzing term-ending Supreme Court decisions from a compliance perspective.

They address the Jarkesy decision on SEC in-house tribunals, the Loper ruling overturning the Chevron deference doctrine, and the Snyder decision that narrows the scope of federal anti-corruption law. Despite the headlines, they conclude that these rulings have minimal direct impact on corporate compliance programs, emphasizing the ongoing importance of ethical integrity and effective compliance practices.

Key Highlights:

  • Supreme Court Cases Impacting Compliance
  • The Jarkesy Decision: Minimal Impact on Compliance
  • The Loper Case: Chevron Deference Overturned
  • The Snyder Decision: A Controversial Ruling
  • Implications and Final Thoughts

Resources:

Matt on Radical Compliance

Tom 

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Daily Compliance News

Daily Compliance News: June 27, 2024 – The Green Light for 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 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:

  • Supreme Court green lights corruption.  (Rolling Stone)
  • Two Adidas China employees depart amid corruption probe. (CNN)
  • More lax safety at BP. (WSJ)
  • Whose your Daddy? (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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2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 27 – The Too Nice Edition

What happens when two top compliance commentators get together? They talk about 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!

In this episode, we discuss how far the US should push Europe when it comes to banning goods produced with forced labor, whether Canadians are just too darn nice when it comes to bribery, the Supreme Court’s review of when cash given to a US politician crosses from a thank-you gift to a bribe, and a Florida man’s notice to arresting officers that he’d be drinking his beer before being arrested because it’s cold.

The issue of forced labor, particularly in China, and its resultant goods has triggered a significant discourse between the US and Europe, highlighting the intricate connection between international trade and human rights. Tom argues for Europe to adopt stringent measures against forced labor like the US and credits his stand to his profound understanding of the extensive impact such a practice has on modern society. He advocates for a broad ban on goods linked to forced labor and is enthusiastic about the potential of a joint EU, US, and UK task force addressing the issue.

Kristy, with her focused view on the contrasting approaches of the US and Europe, agrees with the necessity of a robust response. She acknowledges the US’s advanced position in tackling forced labor challenges, appreciates the EU’s efforts to enact a similar ban, and supports the idea of a joint task force. She underlines the importance of preventing goods made from forced labor from entering the US via Europe.

 Highlights Include:

  • The fight against climate change reporting. (Harvard Law School Forum on Corporate Governance)
  • Are Canadians too nice to fight ABC? (GAB)
  • What is the opposite of right for compliance? (COI Blog)
  • Between a rock and a hard place. (China Law Blog)
  • Are you shadow trading? (NYU Corporate and Enforcement Blog)
  • Europe Should Be Pushed to Take On Chinese Forced Labor, U.S. Lawmakers Say (WSJ)
  • Corruption or Just Politics? Supreme Court Weighs New Bribery Case as More Clashes Are Brewing (WSJ)
  • The Department of Justice Unveils Groundbreaking Pilot Program: Incentivizing Whistleblowers with Immunity (JDSUPRA)
  • From Gen Z to boomers: How to give critical feedback at work (Washington Post)
  • Florida man pops open beer during police encounter because it was ‘cold’ and he wanted to drink it (FOX 35 Orlando) 

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

Tom

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Daily Compliance News

Daily Compliance News: April 23, 2024 – The Is Being Homeless Illegal 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 SCt hears a case on whether being homeless and sleeping is illegal.  (NYT)
  • Counseled to leave at McKinsey. (FT)
  • Leadership: active relationship management. (Reuters)
  • The daughter of the President of Gabon was cleared of corruption. (Barron’s)

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

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Everything Compliance - Shout Outs and Rants

Shout Outs and Rants – Episode 130, The End of SPACs Edition

Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows.

In this episode, we have the quartet of Jonathan Armstrong, Matt Kelly, Karen Woody, Jay Rosen, and Special Guest Karen Moore, all hosted by Tom Fox, joining us on this episode of Shout Outs and Rants.

1. Matt Kelly shouts out to the Russian people who turned in droves for the funeral of murdered activist Alexei Navalny.

2. Karen Woody shouts out to Caitlin Clark, who set the all-time single season scoring record in college basketball.

3. Special Guest Karen Moore shouts out and rants about UW killing the EU Corporate Sustainability Due Diligence Directive.

4. Jonathan Marks shouts out garbage collectors who saw a house on fire, saved the family inside and warned neighbors all before the Fire Department arrived.

5. Jay Rosen shouts out to the rich getting richer: Shohei Ohtani signing with the LA Dodgers for $700MM and deferring 97% of his salary until 2034 and to Adam Turteltaub, an uber Dodgers fan who might see a Dodgers World Series this year.

6. Tom Fox rants about the Supreme Court intentionally delaying the federal trials of Donald Trump.

The members of the Everything Compliance are:

• Jay Rosen – Jay can be reached at Jay.r.rosen@gmail.com.

• Karen Woody – One of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu

• Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com

• Jonathan Armstrong – is our UK colleague, who is an experienced data privacy/data protection lawyer in London.

• Jonathan Marks can be reached at jtmarks@gmail.com.

• Special Guest Karen Moore is an Adjunct Professor at the Fordham School of Law. She can be reached at kmoore51@fordham.edu.

The host, producer, ranter (and sometimes panelist) of Everything Compliance is Tom Fox, the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.