Daily Compliance News

FEBRUARY 20, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      What does the fraying of Atlanticism mean for compliance? (Financial Times)·      Telia execs walks free on Uzbekistan bribery. (Stockholm News)·      Are Brexit fears based on reality? Ask the workers at Honda’s Swindon plant. (TheTelegraph)·      Estonia orders Danske Bank to close local branch. (BBC) Learn more abo...

FEBRUARY 19, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      How green are you and your supply chain? (Financial Times)·      How will a no deal Brexit negatively impact crime fighting. (Financial Times)·      Who will rebuild Syria and what will the response of corporate compliance programs? (Financial Times)·      Do you trust your auditors? (Financial Times) Learn more about...

FEBRUARY 18, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      How much reputational damage with PwC take? (The London Times)·      PwC audit leads to potential criminal charges. (The London Times)·      What standards will change after Brexit? (The London Times)·      Did Domino’s Pizza throw a temper tantrum over its franchisees? (The London Times) Learn more about your ad choi...

FEBRUARY 15, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Disgraced former Goldman Sachs MD Roger Ng to waive extradition and come to US to stand trial? (New York Times)·      Petrofac faces massive shareholder suit over allegations of bribery. (OCCRP)·      IMF says world corruption costs $2 trillion in the international economy. (Al Arabiya)·      Do bad apples cause corru...

FEBRUARY 14, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Did KPMG game the audit oversight system? (Bloomberg)·      Is your dog microchipped? How about you? (Compliance and Enforcement Journal)·      How the NFL took down Bob Costas. (Sports Illustrated)·      South Africa set to replace PIC. (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

FEBRUARY 13, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Ole Miss Vacates 33 Wins After NCAA Violations. (Sports Illustrated)·      Hawaii businessman pleads guilty to FCPA offense. (FCPA Blog)·      How far will Batman fall? (Bloomberg)·      To Russia with Love. (Reuters) Learn more about your ad choices. Visit megaphone.fm/adchoices

FEBRUARY 12, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Ex-Malaysia PM trial delayed. (The Straits Times)·      Big Four accountants push back against breakup proposals. (City A.M.)·      Will stock buy-backs be outlawed? (MarketWatch)·      Bon & Viv=big headache for AB. (Radical Compliance) Learn more about your ad choices. Visit megaphone.fm/adchoices

FEBRUARY 11, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Why it’s important that PdVSA money go into a trust? (Wall Street Journal)·      The Scorpions reappear in South Africa-this time to fight corruption. (The South African)·      Corruption costs Europe €120 per year. (BBC)·      Turkish Subsidiary Hid Iranian Activity from U.S. Parent. (Wall Street Journal) Learn more...

FEBRUARY 8, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Former Petrofac Unit Executive Pleads Guilty to Bribery. (Wall Street Journal)·      More trouble for Danske bank. (Wall Street Journal)·      When is too much risk, too much? (Wall Street Journal)·      Do you know your CEOs password? (Wall Street Journal) Learn more about your ad choices. Visit megaphone.fm/adchoices

FEBRUARY 7, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Stupid CEO remarks=new activist investor on Board. The Papa John saga continues. (Wall Street Journal)·      Reporting money costs more money. (Wall Street Journal)·      First Circuit issues significant ruling protecting whistleblowers in FCA case. (LinkedIn)·      What is a conflict of interest? (MarketWatch) Learn m...

FEBRUARY 6, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Send in the clowns. The NCAA investigates Sean Miller and Arizona (Sports Illustrated)·      Will Australian report on bank malfeasance lead to criminal charges? (Financial Times)·      Playing the blame game. Big Pharma tries to shift blame for its price raises. (Wall Street Journal)·      Another tennis match-fixing...

FEBRUARY 5, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Now monitorships based upon political loyalty. (National Review)·      Bangladesh sues of bank heist. (Wall Street Journal) ·      Former SNC-Lavalin chief pleads guilty in bribery case. (FCPA Blog)·      Bring out your dead. (New York Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

FEBRUARY 4, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Goldman Sachs institutes a clawback provision for exec involved with 1 MDB (New York Times)·      What is bad press? McKinsey and the opioid crisis. (New York Times) ·      Biggest surprise when going to the CEO chair? Multiple stakeholders (he should have talked to the CCO) (Wall Street Journal)·       Rev rec is stil...

FEBRUARY 2, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Venezuela is moving towards a divided government. What does it mean for businesses? (Financial Times)·      What is material? (Financial Times) ·      What is credibility? (Financial Times)·       Standard Chartered spanked (yet) again. (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

FEBRUARY 1, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Things get worse for PG&E as federal judge slams company. (Wall Street Journal)·      What is due diligence? Foxxconn says it didn’t know. (New York Times) ·      How anti-corruption can pay (and pay and pay). (CNBC)·       Fearsome foes line up to make Danske pay for laundering scandal. (Financial Times) Learn more ab...

JANUARY 31, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Defamation suit under based upon allegations of FCPA violations is dismissed. (Global Investigation Review)·      Why would anyone send their children to MSU? (ESPN)·      Did drug makers conspire, commit fraud or worse to create the opioid crisis? The first cases are about to go to trial. (New York Times)·       Why i...

JANUARY 30, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      US levels new charges at Huawei. (Wall Street Journal)·      US slaps sanctions on PdVSA. (Wall Street Journal)·      Wonder why Apple does manufacture in the US? (Hint-think Supply Chain) (New York Times)·       Wynn Casinos tolerance of sexual harassment comes to an end with the Nevada Gaming Control Board. (Wall Str...

JANUARY 29, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Did bribery pave the way for the opioid crisis? (ABC News)·      SEC open investigation into Nissan over Carlos Ghosn scandal. (Wall Street Journal)·      1MDB investigation expands to include Deloitte and KPMG. (This Week in Asia)·       Of all the bankers who engaged in fraud during the Financial Crisis, why are 4 Ba...

JANUARY 28, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Why the Beatle rooftop (and final) concert still resonate? (Financial Times)·      Has #MeToomade men afraid to mentor women? (New York Times)·      What happens if there is regime change in Venezuela? (BBC)·       Nigerian election thrown into chaos as Buhari suspends country's top judge. (CNN) Learn more about your a...

JANUARY 26, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      What happens when fired CEO is asked to repay expenses? (Wall Street Journal)·      Is Davos elite out to kill compliance? (New York Times)·      Four styles of communication every CCO needs to learn. (Fast Times)·       South Africa withdraws corruption charges against Zuma's son. (Reuters) Learn more about your ad ch...

JANUARY 25, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Renault (finally) replaces Ghosn. (New York Times)·      South African President vows to clean up graft. (New York Times)·      Alstom investigated in Romania for bribery. (Romania-Insider)·       Former head of Abu Dhabi sovereign wealth fund says he’s a 1MDB scapegoat? (Wall Street Journal)  Learn more about your ad...

JANUARY 24, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Oversight in EU ‘golden visa’ programs missing. (Wall Street Journal)·      Waters says she’ll investigate Mick Mulvaney’s actions at CFPB. (MarketWatch)·      Ex-Arizona Assistant Coach Pleads Guilty to Bribery Charge. (New York Times)·       Can a hacker be a whistleblower? (New York Times)  Learn more about your ad...

JANUARY 23, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Horsemeat scandal opens in France. (BBC)·      Theranos whistleblowers speak for transparency. (The Stanford Daily)·      What should you do (and not do) in an internal investigation Russia? (FCPA Blog)·       MasterCard spanked in Europe (to the tune of $570MM) for restricting competition. (Financial Times)  Learn mor...

JANUARY 22, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Google is fine $57 MM for GDPR violations by French regulators. (Washington Post) ·      OECD to evaluate Ireland’s anti-corruption laws. (Irish Times)·      Oxford University turns down research dollars from Huawei. (Houston Chronicle)·       Is the NFL losing the integrity of the game? (Sports Illustrated) Learn more...

JANUARY 21, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Meg Whitman sits down for Lunch with the FT. (Financial Times)·      Trump continued to negotiate for hotel in Moscow through the 2016 election.  (NYT)·      Ghosn increases bail offer. (New York Times)·       Brazilian President Jair Bolsonaro questioned on his commitment to fighting corruption. (Washington Post) Lear...