Categories
GalloCast

Gallocast – Episode 7

Welcome to the GalloCast. You have heard of the Manningcast in football. Now we have the GalloCast in compliance. The two top brothers in compliance, Nick and Gio Gallo, come together for a free-form exploration of compliance topics. It is a great insight on compliance brought to you by the co-CEOs of ComplianceLine. Fun, witty, and insightful with a dash of the two brothers throughout. It’s like listening to the Brothers Gallo talk compliance at the dinner table. Hosted by Tom Fox, the Voice of Compliance.

Tom Fox peppers questions to Nick Gallo and Gio Gallo from Ethico with topics like what companies should consider doing business in Ukraine and how to identify great business risks. They also provide an understanding of compliance, changing human behavior, and techniques to get around ethical controls. Topics are spiced up with references to the recent Pope’s speech and technological advancements. Be sure to tune in, and don’t miss out on the brothers’ educational insights and witty dialogue.

Key Highlights

·       Logistical Challenges of Working in Ukraine –[00:04:00]

·       Compliance as an Opportunity to Manage Business Risk – [00:07:20]

·       The Role of Persuasion in Ethics and Compliance -[00:10:40]

·        US Semiconductor Industry Moves Away from Supply Chains – [00:13:43]

·        Risk Assessment and Crowdsourcing -[00:17:00]

·       The Ineffectiveness of Risk Assessment Strategies – [00:20:30]

·       Behavioral Psychology in Compliance Programs and Compliance Discipline -[00:23:50]

·       CEO Understanding of Compliance and Its Impact on Budgeting -[00:27:00]

·       The Benefits of Exploring Different Perspectives Through Reading -[00:29:52]

·       The Ethical Implications of AI-Generated Content – [00:36:25]

·       The Impact of Technology on the Economy – [00:39:37]

·       The Power of Simplifying Your Policy with Technology –[00:42:40]

·       Pope’s Condemnation of Corruption – [00:46:02]

Resources

Nick Gallo on LinkedIn

Gio Gallo on LinkedIn

Ethico

Categories
Daily Compliance News

February 17, 2023 – The High-Risk Rebuild 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:

  • Jamaica PM facing corruption inquiry. (Reuters)
  • The high risk in Ukraine rebuild. (NYT)
  • The art and science of succession planning. (FT)
  • Is ChatGPT ready for the big time? (WSJ)
Categories
Daily Compliance News

January 28, 2023 – The NCAs Hurt Health Care 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:

  • Ukraine corruption raises concerns in Senate. (NYT)
  • Where do your bytes originate? (FT)
  • Former Venezuelan Chief Justice indicted for AML. (Reuters)
  • How NCAs hurt health care. (Bloomberg)
Categories
Daily Compliance News

January 27, 2023 – The 4th Estate 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:

  • Ukrainian journalists are leading the unmasking of gov officials’ corruption. (WaPo)
  • Hindenburg strikes again. (NYT)
  • Morgan Stanley levels internal fines for employees using ephemeral messaging. (FT)
  • Banks were told to watch out for Russian oligarch real estate deals. (WSJ)
Categories
Daily Compliance News

January 24, 2023 – The Funding Was Secured 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:

·       When is it time to step down.  (Bloomberg)

·       Elon Musk now says funding was secured.  (WSJ)

·       Dual purpose test upheld by SCT for attorney/Client privilege claim.  (Reuters)

·       Ukraine President vows action against corruption. (NYT)

Categories
Daily Compliance News

January 23, 2023 – The Do As I Do, Not as I Say 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:

  • Middle East corruption is pervasive. (National Review)
  • Amazon is under additional investigation. (WSJ)
  • Musk’s new defense is ‘do as I do, not as I say.’ (Reuters)
  • Ukraine MoD denies corruption. (Barron’s)
Categories
Daily Compliance News

October 22, 2022 the Managers are Not Alright Edition

In today’s edition of Daily Compliance News:

  • Avoiding corruption in Ukraine reconstruction. (Brookings Institute)
  • Middle managers are not OK. (Bloomberg)
  • Meta continues to seek debarment of FTC chief. (Reuters)
  • Senate asks DOJ to publish white-collar prosecution data. (WSJ)
Categories
Daily Compliance News

July 29, 2022 the Dan Snyder Testifies edition

In today’s edition of Daily Compliance News:

·       Dan Snyder testifies.   (Bloomberg)

·       Ukraine appoints ABC prosecutor. (Reuters)

·       DOJ is teaming up with NLRB for recalcitrant employers. (WSJ)

·       Booz Allen settles the no-poach claim. (Reuters)

Categories
Daily Compliance News

July 21, 2022 the JPMorgan Whistleblower Headed to Trial edition


In today’s edition of Daily Compliance News:

  • Banks are turning to AI more and more for compliance issues. (WSJ)
  • JPMorgan whistleblower headed to trial. (Bloomberg)
  • Corruption concerns in Ukraine rear ugly head. (NPR)
  • Gibson Dunn accuses King & Spalding. (Reuters)
Categories
Daily Compliance News

June 21, 2022 the Red Flags for Forced Labor Edition


In today’s edition of Daily Compliance News:

  • Red Flags for forced labor in China battery-making supply chain. (NYT)
  • Will corruption prevent Ukraine from joining the EU? (NYT)
  • What are Scope 4 emissions? (Bloomberg)
  • Uyghur Forced Labor Prevention Act (UFLPA) is poised to go live. (BBC)