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2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 42 – The Holiday Edition

What happens when two top compliance commentators get together? They talk 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! Today, Tom and Kristy look back at some of their favorite stories from 2024.

 

Stories this week include:

  • Boeing DPA and Monitor
  • Deere FCPA Enforcement Action
  • TD Bank AML enforcement action
  • McKinsey-Opioid and FCPA resolutions
  • Elon Musk’s pay package and corporate governance
  • Musings from the bottom of the world
  • DOJ has received 200 tips since launching the whistleblower program (LEGALDIVE)
  • Sam Bankman-Fried and FTX
  • NYC Mayor Eric Adams, his corruption charges, and a possible Trump Pardon
  • The Greatness of Florida Man

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

Prove Your Worth

Tom

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Daily Compliance News

Daily Compliance News: December 16, 2024 – The Not Paying Musk 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.

  • McKinsey hit with $650MM for opioid work, fraud. (Reuters)
  • Not Paying Musk could cost Tesla $100MM. (FT)
  • Return to the Office (or else). (WSJ)
  • Another whistleblower was found dead. (BBC)

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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10 For 10

10 For 10: Top Compliance Stories For the Week Ending December 7, 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 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.

  • McKinsey agrees to FCPA settlement for corruption in South Africa. (DOJ Press Release)
  • Judge rejects DOJ/Boeing settlement.  (WSJ)
  • Defense in Trafigura case can’t knock out star prosecution witness. (FT)
  • Was it corruption or a smart (or dumb) business deal? (TNR)
  • Tesla lost the case on the 2nd Musk pay package. (WSJ)
  • Was it fraud or worse? (NYT)
  • Paul Atkins was selected to head SEC. (FT)
  • Trump-appointed Texas judge enjoins CTA nationally. (Bloomberg)
  • OIG looks to hold nursing care execs responsible. (McKnight’s Long-Term Care News)
  • Buying/Selling homes and compliance.  (Mortgage News Daily)

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

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

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

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Daily Compliance News

Daily Compliance News: December 3, 2024 – The Under Pressure 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.

  • Climate COP and the art of the deal. (FT)
  • Rubio says trade sanctions are coming on China. (WSJ)
  • Tesla lost the case on the 2nd Musk pay package. (WSJ)
  • Do your passwords meet new federal guidelines?  (WSJ)

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.

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Daily Compliance News

Daily Compliance News: August 5, 2024 – The Dept. of Misery 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:

  • HR: the Department of Misery? (NYT)
  • Income inequality and corruption .  (The Economic Times)
  • Can a corporate vote overturn a court decision? (FT)
  • DOJ announces whistleblower incentive program. (WSJ)

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: July 9, 2024 – The Boeing Pleads Guilty 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 agrees to plead guilty to a felony count.  (NYT)
  • $50bn Medicare fraud unearthed. (WSJ)
  • Tesla shareholder’s lawyer argues for a $7 billion fee award in the Musk pay case. (Reuters)
  • Final arguments in the Menendez case. (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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2 Gurus Talk Compliance

2 Gurus Talk Compliance – Episode 25 – The Never Go Away 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, Tom and Kristy tackle various compliance-related topics.

Tesla’s corporate governance is under the spotlight, focusing on the company’s board independence and potential conflicts of interest. Fox has pointed out Elon Musk’s profound control over Tesla, suggesting that the lack of board independence and oversight may necessitate regulatory scrutiny, especially from the Securities and Exchange Commission (SEC). His perspective is rooted in his belief in the importance of corporate governance in protecting shareholder interests, and he raises questions about whether Musk’s leadership is aligned with the expectations of a public company CEO. Similarly, Kristy cites problems with board independence and potential conflicts of interest. She emphasizes the lack of governance within Tesla, particularly noting the court-nullified pay package granted to Musk, and suggests that the SEC may need to intervene even further. She, like Fox, implies that it may be time for Musk to step down and allow for better governance under the scrutiny of regulatory authorities.

Highlights Include

  1. Warren wants the SEC to look into Tesla Board independence. (WSJ)
  2. Goldman files a suit against Malaysia over 1MDB. (Bloomberg)
  3. Mike Lynch finally goes on trial. (FT)
  4. SEC settles first AI washing enforcement. (WSJ)
  5. Adani Green says there is no DOJ investigation notice. (Bloomberg)
  6. TikTok’s Fate Now Hinges on the Senate (WSJ)
  7. The EU Corporate Sustainability Due Diligence Directive—March 2024 Update (JDSUPRA)
  8. Survey: CCO Resources, Pressures Both Rising (Radical Compliance)
  9. Data sharing causing concerns for drivers (WGRZ)
  10. ‘Not my fault the truck don’t surf’: Florida man arrested after driving car into the ocean (WFLA)

Resources

Kristy Grant-Hart on LinkedIn

Spark Consulting

Tom

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10 For 10

10 For 10: Top Compliance Stories For The Week Ending March 23, 2024

Welcome to 10 For 10, the podcast which 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.

  1. Warren wants the SEC to look into Tesla Board independence. (WSJ)
  2. The Vietnamese President resigns over corruption issues. (NPR)
  3. Goldman files a suit against Malaysia over 1MDB. (Bloomberg)
  4. Mike Lynch finally goes on trial. (FT)
  5. SEC settles first AI washing enforcement. (WSJ)
  6. Adani Green says there is no DOJ investigation notice.  (Bloomberg)
  7. Vitol Trading corruption agents were caught on videotape discussing their bribery and corruption. (Bloomberg)
  8. More CFTC fines for messaging app violations. (WSJ)
  9. $12 bank fraud in Vietnam. (FT)
  10. Money laundering of $6.3bn fraud in UK.  (AML Intelligence)

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.

Connect with Tom 

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Daily Compliance News

Daily Compliance News: March 22, 2024 – The Big Mistake 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:

  • Goldman files a suit against Malaysia over 1MDB. (Bloomberg)
  • The DOJ sues Apple.  (Reuters)
  • The Vietnamese President resigns over corruption issues. (NPR)
  • Warren wants the SEC to look into Tesla’s independence. (WSJ)

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 23 — The Sustainability 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, Tom and Kristy take on a wide variety of compliance related topics.

In the ever-evolving world of regulatory compliance and risk management, challenges are constant, and strategies must be dynamic. Tom highlights the focus on the Tesla Board, celebrates the OECD at 25, bemoans New Zealand’s drop in the TI-CPI, reviews the HP acquisition of Autonomy and looks at the differences in Binance and FTX enforcement.  Kristy highlights the slave labor allegations, EU sustainability law, the ease of whistleblower restrictions, the EU and AI, and checks in on Florida Woman. Join Tom Fox and Kristy Grant-Hart as they delve deeper into these issues in this episode of the 2 Gurus Talk Compliance podcast.

Topics Discussed:

1.     Chinese Slave Labor Allegations Hold Up VW’s Audi, Porsche, and Bentley Vehicles in U.S. Ports (MotorTrend)

2.     EU Corporate Sustainability Due Diligence Law Most Likely Dead, For Now (Forbes)

3.     US Supreme Court’s UBS case makes it easier for whistleblowers to win suits (Reuters)

4.     How EU AI Act May Accelerate Compliance Regime for U.S. Enterprises (WSJ)

5.     The Tesla Board Chair is under scrutiny for oversight of the company.  (NYT)

6.     A tale of 2 corps: Binance and FTX. (Reuters)

7.     OECD at 25.  (The Hill)

8.     No DD, no problem as HP seeks $4bn from Mike Lynch.  (Bloomberg)

9.     New Zealand drops to No. 3 on TI-CPI. (The Conversation)

10.  Woman swipes $1.5 million and splurges on flights, Carnival cruises, Florida cops say (Yahoo)

Resources 

Kristy Grant-Hart on LinkedIn

Spark Consulting

Tom 

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