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Daily Compliance News

April 7, 2023 – The Good Friday/Passover 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.

Stories we are following in today’s edition of Daily Compliance News:

  • DFS shut Signature Bank for liquidity reasons, not crypto reasons. (WSJ)
  • When Elon yaps? (Reuters)
  • China has nothing to do with TikTok except defend it. (NYT)
  • Steinmetz blames George Soros for losing the appeal. (FT)
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Daily Compliance News

March 30, 2023 – The Retaliation 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.

Stories we are following in today’s edition of Daily Compliance News:

·       Exxon climate foes hacked.  (WSJ)

·       Only bad employees are fired.  (NPR)

·       TikTok tracks geo-locations. (TechTheLead)

·       Companies urged to take stock of their climate damage. (WSJ)

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Daily Compliance News

March 25, 2023 – The Mintz Employees Arrested in China 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.

Stories we are following in today’s edition of Daily Compliance News:

  • Legacy of Iraq-corruption, corruption, and more corruption. (AP)
  • Tiktok CEO struggles before Congress. (NYT)
  • Coinbase gets Wells Notice. (Bloomberg)
  • Mintz Group was raided in China, and employees were arrested. (Reuters)
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Daily Compliance News

March 16, 2023 – The Sell or Else 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.

Stories we are following in today’s edition of Daily Compliance News:

  • TikTok told to divest or face US ban. (WSJ)
  • Ja Morant was suspended for 8 games. (ESPN)
  • CitiGroup makes a downward adjustment to exec salary. (Bloomberg)
  • Carrie Tolstedt pleads guilty? (Reuters)
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Daily Compliance News

January 7, 2023 – The $436MM Trips 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.

Stories today include:

  • Will TikTok ever be in compliance? (Reuters)
  • Cruise lines were ordered to pay $436MM for violating Helms-Burton Act. (WSJ)
  • Special Counsel hires anti-corruption prosecutors. (Bloomberg)
  • Blogging for Engineers 101. (NYT)
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Daily Compliance News

January 2, 2023 – The Technical Debt 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 episode we take a look at the following stories:

·       More complexity for supply chains in 2023.  (WSJ)

·       More corruption at Eskom. (FT)

·       Will TikTok become an American company? (FT)

·       Technical debt and the failures at SW Airlines? (NYT)

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Great Women in Compliance

Kortney Nordrum – Social Media and Compliance

Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley.

One of the things about social media is that it is always changing and always a challenge for us to address in ethics and compliance.  Today, Lisa is speaking with Kortney Nordrum, VP, Regulatory Counsel and Chief Compliance Officer at Deluxe.  Kortney has been a thought leader in this area through many changes, or as Lisa thinks of it, “from Facebook to TikTok.”

In this wide-ranging discussion, Kortney provides insight on how to develop effective policies to address the use of social media, particularly if there are inappropriate statements.  She talks about the importance of constantly adapting to changes, and how we can use social media in our field.  She also shares her views about ephemeral communications like WhatsApp and WeChat, and how to address the concerns that they raise.

These days, no conversation about social media and compliance would not be complete without a discussion of Twitter.  Kortney gives her perspective what has happened since Elon Musk took over as well as Twitter’s historic issues with hate speech and incendiary accounts and what we can learn from this as E&C professionals.

The Great Women in Compliance Podcast is on the Compliance Podcast Network with a selection of other Compliance related offerings to listen in to.  If you are enjoying this episode, please rate it on your preferred podcast player to help other likeminded Ethics and Compliance professionals find it.  If you have a moment to leave a review at the same time, Mary and Lisa would be so grateful.  You can also find the GWIC podcast on Corporate Compliance Insights where Lisa and Mary have a landing page with additional information about them and the story of the podcast.  Corporate Compliance Insights is a much-appreciated sponsor and supporter of GWIC, including affiliate organization CCI Press publishing the related book; “Sending the Elevator Back Down, What We’ve Learned from Great Women in Compliance” (CCI Press, 2020).

If you enjoyed the book, the GWIC team would be very grateful if you would consider rating it on Goodreads and Amazon and leaving a short review.  Don’t forget to send the elevator back down by passing on your copy to someone who you think might enjoy reading it when you’re done, or if you can’t bear parting with your copy, consider it as a holiday or appreciation gift for someone in Compliance who deserves a treat.

You can subscribe to the Great Women in Compliance podcast on any podcast player by searching for it and we welcome new subscribers to our podcast.

Join the Great Women in Compliance community on LinkedIn here.

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Daily Compliance News

September 27, 2022 the $900MM Edition

In today’s edition of Daily Compliance News:

  • Biogen is to pay $900MM for kickbacks. (WSJ)
  • The US sanctions the Bosnian prosecutor. (Barron’s)
  • TikTok may face $29MMf fine. (NYT)
  • Fireworks expected. (Reuters)
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Daily Compliance News

August 15, 2022 the Too Little Too Late edition

In today’s edition of Daily Compliance News:

  • Another former Platinum Partners exec was convicted of fraud. (Reuters)
  • Deshaun Watson, now sorry. (ESPN)
  • TikTok is facing legal and regulatory scrutiny over national security concerns. (NYT)
  • Paraguayan VP to resign. (WaPo)
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Compliance Kitchen

TikTok Sanction Changes


Staying local, the Kitchen reviews the recent Executive Order that ended TikTok and WeChat restrictions, but introduced new ones.