Welcome to Season 2 of the award-winning Data Driven Compliance. In this new season, we will look at the new Failure to Prevent Fraud offense. Join host Tom Fox as we explore this new law and how to comply with it through the lens of data driven compliance. This podcast is sponsored by konaAI. In this episode of Season 2, Tom Fox is joined by James Tillen, a member at Miller & Chevalier.
James emphasizes the critical need for cross-functional collaboration within organizations for compliance professionals. It explains that simply focusing on one’s compliance program is insufficient. Instead, engaging with various internal departments and possibly external experts is essential to effectively manage compliance risks, including those associated with the failure to prevent fraud.
Key highlights:
- Why US multinationals need to pay attention
- Cross-Functional Collaboration
- Identifying Key Internal Collaborators
- Engaging Internal and External Experts
- Jurisdiction
Resources:
Miller & Chevalier
James Tillen on LinkedIn
konaAI, a Covasant company
Click here for the konaAI White Paper Rethinking Compliance: Practical Steps for Adapting to the UK’s New Fraud Legislation.
Connect with Tom Fox on LinkedIn
