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Daily Compliance News

Daily Compliance News: April 26, 2024 – The In Sanctions Enforcement Increase 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:

  • Foreign Aid Package Raises Companies’ Sanctions Risks (WSJ)
  • A former SNC Lavalin exec sentenced to 3 years on corruption charges. (Financial Post)
  • McKinsey is under criminal investigation for opioid work. (NYT)
  • South Africa puts pressure on the UAE to extradite Gupta.  (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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Daily Compliance News

Daily Compliance News: February 26, 2024 – The 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:

  • Ex-Vitol Trading trader was found guilty of bribery.  (WSJ)
  • Exec’s husband pleads guilty to insider trading. (WSJ)
  • UAE removed from the Global Watch List for AML. (WSJ)
  • Ukraine still has more work to do on the corruption front. (Fortune)

For more information on Ethico and a free White Paper on top compliance issues in 2024, click here.

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Daily Compliance News

April 8, 2023 – The UAE Refuses Extradition Request 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:

  • Microsoft was fined for trade sanction violations with Russia. (WSJ)
  • Does UAE refuse to extradite the Gupta brothers to South Africa? (WSJ)
  • Michigan GOP House Speaker to be charged with corruption. (WILX10)
  • Goldman Sachs fined by FINRA. (Reuters)
Categories
FCPA Compliance Report

John Katsos – Due Diligence in Conflict Zones


In this episode of the FCPA Compliance Report, I visit with John Katsos, Assistant Professor and Scholar at American University of Sharjah. John has researched and performed due diligence in conflict zones in the Middle East and Africa. He was part of a research team that published a series in the Big Idea section of the Harvard Business Review entitled Preparing for the Era of Uncertainty, which is a must read for every compliance professional. He brings a unique perspective to a variety of compliance topics. Highlights of this podcast include:

  1. Academic and professional background.
  2. Why due diligence in conflict zones so difficult?
  3. What are some of the important differences in performing DD in conflict zones?
  4. What are some keys to successfully performing DD in conflict zones?
  5. Key lessons you observed on DD in Cyprus?
  6. Where did you come up with the idea for this series of articles, Preparing for the Era of Uncertainty?
  7. A discussion of each article in the series.?
  8. What is it like teaching anti-corruption and other forms of compliance outside the US?
  9. How do you see your work tying into a broader ESG discussion?
  10. How does climate change and migration across borders influence your thinking?

Resources
Preparing for the Era of Uncertainty-Harvard Business Review
John Katsos website, including some great research and papers
John Katsos LinkedIn profile

Categories
Compliance Kitchen

Israel Boycott Sanctions Update and the UAE


Looking at the developments in the boycott sanctions area, the Kitchen takes a look at the recent law in the UAE in regards to ending its boycott practices as to Israel.