FCPA Compliance Report

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...

Welcome to the only roundtable podcast in compliance. In this week’s episode, the gang looks at what 2019 might bring in the ethics and compliance field. Rants follow this week’s episode.   1. Mike Volkov considers what FCPA enforcement may look like in 2019.   2. Jay Rosen considers what 2019 might mean for the compliance practitioner and corporate compliance programs. 3. Jonathan Armstrong consi...

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into some of the difficulties around distributors in anti-corruption compliance.   Some of the highlights include: Ø The recent Polycom FCPA en...

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...

This week, in a podcast series sponsored by Affiliated Monitors, Inc. (AMI), I visit with Vincent DiCianni, founder and President of AMI, and Eric Feldman, Senior Vice President of AMI. We look at the Department of Justice (DOJ) announcements over the past year and back to the FCPA Corporate Enforcement Policy, announced in November 2017, to consider what strategies companies can use based upon th...

This week, in a podcast series sponsored by Affiliated Monitors, Inc. (AMI), I visit with Vincent DiCianni, founder and President of AMI, and Eric Feldman, Senior Vice President of AMI. We look at the Department of Justice (DOJ) announcements over the past year and back to the FCPA Corporate Enforcement Policy, announced in November 2017, to consider what strategies companies can use based upon th...

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...

This week, in a podcast series sponsored by Affiliated Monitors, Inc. (AMI), I visit with Vincent DiCianni, founder and President of AMI, and Eric Feldman, Senior Vice President of AMI. We look at the Department of Justice (DOJ) announcements over the past year and back to the FCPA Corporate Enforcement Policy, announced in November 2017, to consider what strategies companies can use based upon th...

This week, in a podcast series sponsored by Affiliated Monitors, Inc. (AMI), I visit with Vincent DiCianni, founder and President of AMI, and Eric Feldman, Senior Vice President of AMI. We look at the Department of Justice (DOJ) announcements over the past year and back to the FCPA Corporate Enforcement Policy, announced in November 2017, to consider what strategies companies can use based upon th...

This week, in a podcast series sponsored by Affiliated Monitors, Inc. (AMI) I have visited with Vincent DiCianni, founder and President of AMI, and Eric Feldman, Senior Vice President of AMI. We have been reviewing the Department of Justice (DOJ) announcements over the past year and back to the FCPA Corporate Enforcement Policy, announced in November 2017, to consider what strategies companies can...

What is one of the most fulfilling audit assignments of a 30+ year audit professional? His audit at the San Diego Zoo. In this episode of the FCPA Compliance Report, I visit with internal auditor Jim Garcia, whose career has spanned work from the FCPA to fraud to gap analysis of internal controls. He talks about his career and his audit work at the San Diego Zoo.  In this podcast we discuss: Jim’s...

As Trump serves Burger King to the national champion Clemson Tigers, the Pats, Chiefs, Saints and Rams roll into the NFL’s version of the final four. Will the new guard arise (Mahomes and Goff) or will this be the last stand of the old guard (Brady and Brees)? Tom and Jay are back in the saddle for a look at some of this week’s top compliance and ethics stories.  1.     Dick Cassin bookends 2018 a...

JANUARY 17, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      MSU Interim President in (more) deep water. (ESPN)·      SEC gets hacked.  (CNBC)·      I am not a crook, er spy. Huawei CEO denies wrong-doing. (New York Times)·       Yesterday we saw that compliance failures are deadly. Today we find out that unethical behavior is just as deadly. (New York Times) Learn more about yo...

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into management review controls.   Some of the highlights include: Ø Will the PCAOB up its game in this area? Ø When will the SEC provide updat...

JANUARY 16, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Deutsche Bank launches yet another internal AML probe. (Financial Times)·      How to keep your head up in an office reorg.  (Wall Street Journal)·      Did former President of Mexico take a $100mm bribe? (New York Times)·       When compliance failures are deadly. (Houston Chronicle) Learn more about your ad choices....

JANUARY 15, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      PG&E faces collapse. (Wall Street Journal)·      PG&E CEO resigns.  (Wall Street Journal)·      PG&E announces it will file for bankruptcy in January. (New York Times) ·       Will PG&E be able to keep the lights on? (San Francisco Chronicle) Learn more about your ad choices. Visit megaphone.fm/adchoices

Last year brought several FCPA enforcement actions where the underlying due diligence performed on third parties was insufficient. While many companies have gone to automated due diligence as a part of their compliance program, in many cases that is insufficient. In this episode I visit with Scott Shaffer, Managing Director of the Kreller Group and Tom Engelhart, Director at the Kreller Group. We...

In this special five-part podcast series, I interview John Gill, the Vice President for Education at the Association of Certified Fraud Examiners (ACFE). In this series, John discusses five well-known fraudsters; including what caused them to engage in fraud, the fraud scheme they employed and how they were caught. More significantly we tie this what compliance professionals need to have in place...

In this special five-part podcast series, I interview John Gill, the Vice President for Education at the Association of Certified Fraud Examiners (ACFE). In this series, John discusses five well-known fraudsters; including what caused them to engage in fraud, the fraud scheme they employed and how they were caught. More significantly we tie this what compliance professionals need to have in place...

In today’s edition of Daily Compliance News: ·      Boeing probed by SEC. (Seattle Times)·      Ghosn faces more woes.  (New York Times)·      Sloan Kettering cuts back on industry ties. (New York Times) ·       Was corruption involved in selection of Tokyo for 2020 Olympic Games? (Washington Post) Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special five-part podcast series, I interview John Gill, the Vice President for Education at the Association of Certified Fraud Examiners (ACFE). In this series, John discusses five well-known fraudsters; including what caused them to engage in fraud, the fraud scheme they employed and how they were caught. More significantly we tie this what compliance professionals need to have in place...

In this special five-part podcast series, I interview John Gill, the Vice President for Education at the Association of Certified Fraud Examiners (ACFE). In this series, John discusses five well-known fraudsters; including what caused them to engage in fraud, the fraud scheme they employed and how they were caught. More significantly we tie this what compliance professionals need to have in place...

In this new podcast series, recovering screenwriter (and Mr. Monitor) Jay Rosen and myself will indulge in passion for the movies by looking at them through the lens of compliance. Jay is a contemporary movie fan and I am more of a classic movie maven so we present a well-rounded view of the movie fandom. So if you want to indulge in your love for the movies with two guys who are passionate about...