FCPA Compliance Report

The Texans stink up their playoff game, the Bears double-doink their way out, the Seahawks lose but have a great backdoor cover, while in the college ranks Clemson absolutely destroys the previously undefeated Crimson Tide; all while the Trump Shutdown continues into its 3rdweek. Tom and Jay are back in the saddle for a look at some of this week’s top compliance and ethics stories.  1.    Nissan a...

JANUARY 11, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      When is the color of your money B-A-D? (Wall Street Journal)·      Think CEOs aren’t involving in kickbacks? Think again.  (Reuters)·      SEC Commissioner proud of whistleblower program. (MarketWatch)·       FCA to investigate culture at Royal Bank of Canada. (Financial Times) Learn more about your ad choices. Visit m...

JANUARY 10, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      No mooncakes for you this year. (BNA)·      Carlos Ghosn says Nissan Board approved his conflicts of interest, unethical actions and fraudulent accounting.  (New York Times)·      Magna Carta is looking pretty good about now. (Financial Times)·       Malaysian court denies bail to Roger Ng. (Nasdaq) Learn more about yo...

In this episode of 12 O’Clock High, a podcast on business leadership, Richard Lummis and I take a look back at some of our favorite (and listener favorites as well) episodes from 2018 and where we may take the podcast in 2019. Some of the highlights were: ·     Leadership lessons (or not) from the US Presidents from the first half of the 19thCentury;·     The ongoing and continued leadership chall...

JANUARY 9, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Peru AG who tried to scuttle Odebrecht corruption investigation forced to resign. (Reuters)·      Carlos Ghosn say SODDIT. (Wall Street Journal)·      Think politics is crazy, trying working at Nissan. (Financial Times) ·       A fixer is good for lots of things. (Bloomberg) Learn more about your ad choices. Visit megap...

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 a recent blog post by Matt on his top nine story lines for 2019. We slice and dice them and try to consider how they will impact the compl...

JANUARY 8, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      You thought “The Wolf of Wall Street” was bad? Leonard DiCaprio testifies to Grand Jury on 1MDB corruption scandal. (The Telegraph)·      Top non-Fed financial regulator named as new head of NY DFS (Wall Street Journal)·      What are some of the new ways companies can get hacked in 2019? (Fast Company)·       Need a ra...

In this five-part podcast series, I visit with Amii Barnard-Bahn to consider five of the top corporate scandals from 2018. The five we discuss are CBS, 1MDB/Goldman Sachs, Facebook, Tesla and Nissan. We explore the failures at the Board of Directors and at senior management and these companies need to do to not only solve the legal imbroglios they now find themselves in but to also regain the trus...

In this five-part podcast series, I visit with Amii Barnard-Bahn to consider five of the top corporate scandals from 2018. The five we discuss are CBS, 1MDB/Goldman Sachs, Facebook, Tesla and Nissan. We explore the failures at the Board of Directors and at senior management and these companies need to do to not only solve the legal imbroglios they now find themselves in but to also regain the trus...

In this five-part podcast series, I visit with Amii Barnard-Bahn to consider five of the top corporate scandals from 2018. The five we discuss are CBS, 1MDB/Goldman Sachs, Facebook, Tesla and Nissan. We explore the failures at the Board of Directors and at senior management and these companies need to do to not only solve the legal imbroglios they now find themselves in but to also regain the trus...

At the start of each year are a number of reviews of the prior year in FCPA and more general anti-corruption compliance enforcement. One of the top reviews is the Shearman & Sterling annual digest. This year is no exception. In this podcast, I have firm partner Philip Urofsky who discusses some of the top highlights from this year’s digest. In this podcast we discuss: • The number of corporate enf...

JANUARY 7, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Carlos Ghosn scheduled to a court appearance in Tokyo on Tuesday. What could go wrong? (New York Times)·      PG&E to shake up its Board. Will it matter? (Wall Street Journal)·      Marriott reveals more bad news on its hacker matter. (Washington Post)·       House of Representatives set to ban members from sitting on c...

In this five-part podcast series, I visit with Amii Barnard-Bahn to consider five of the top corporate scandals from 2018. The five we discuss are CBS, 1MDB/Goldman Sachs, Facebook, Tesla and Nissan. We explore the failures at the Board of Directors and at senior management and these companies need to do to not only solve the legal imbroglios they now find themselves in but to also regain the trus...

In this five-part podcast series, I visit with Amii Barnard-Bahn to consider five of the top corporate scandals from 2018. The five we discuss are CBS, 1MDB/Goldman Sachs, Facebook, Tesla and Nissan. We explore the failures at the Board of Directors and at senior management and these companies need to do to not only solve the legal imbroglios they now find themselves in but to also regain the trus...

The Texas Longhorns won the Sugar Bowl and Tom is still celebrating. Will he come down to earth with both the Cowboys and Texans playing on Saturday in the first round of the NFL playoffs? Tom and Jay are back in the saddle for a look at some of this week’s top compliance and ethics stories. 1.    McKinsey may well find out that nit is ever good to be on the front page of the NYT accused of advoca...

The Texas Longhorns won the Sugar Bowl and Tom is still celebrating. Will he come down to earth with both the Cowboys and Texans playing on Saturday in the first round of the NFL playoffs? Tom and Jay are back in the saddle for a look at some of this week’s top compliance and ethics stories. 1.    McKinsey may well find out that nit is ever good to be on the front page of the NYT accused of advoca...

JANUARY 4, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Peru AG reverses course on derailing Odebrecht investigation. (Reuters)·      Do you have a succession plan? (Wall Street Journal)·      US drops corruption on charge against former Barbados Minister. (Caribbean360)·       Former Colombian anti-corruption chief jailed for, you guessed engaging in corruption. (FCPA Blog)...

Welcome to the only roundtable podcast in compliance. This week’s episode is the second of a two-part podcast series where we consider the results of the 2018 mid-term elections and what it may mean for compliance professionals going forward. Last week we had Jonathan Armstrong and Matt Kelly. This week, Jay Rosen and Mike Volkov will conclude the two-part series. Rants follow this week’s episode....

JANUARY 3, 2019 BY TOM FOX In today’s edition of Daily Compliance News:Peru AG kills Odebrecht investigation. (New York Times)How the Dallas Mavericks responded to their #MeToo moment. (Bloomberg)Another guilty plea in the NCAA corruption scandal. (Washington Post)In the age of deregulation, Adam Smith returns. (Forbes) Learn more about your ad choices. Visit megaphone.fm/adchoices

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 the recent announced Polycom Inc. FCPA enforcement action. We both blogged on it and we bring two difference perspectives to this matter....

JANUARY 2, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Is Facebook facing a reckoning? (Financial Times)·      Can nudges make your workplace better. (New York Times) ·      Sloan Kettering facing massive conflict of interest scandal. (New York Times)·       The FBI and Broadway. (New York Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

JANUARY 1, 2019 BY TOM FOX In today’s edition of Daily Compliance News: ·      Data abuses abound but will the FTC take action? (New York Times)·      Never good to be on the front page of the NYT accused advocating bribery. (New York Times) ·      Polycom’s culture failure and its FCPA enforcement action. (Radical Compliance)·      Ten great blogs posts from Grand Jury Target. (GrandJury Target)...

In this special five-part podcast series, we consider the business leadership issues raised by General Stanley McChrystal (ret.) recent book Leaders-Myth and Reality, which he co-authored with Jeff Eggers and Jason Mangone. Using Plutarch’s Livesas their model they considered multiple leaders and leadership styles. These include: Founders, Walt Disney and Coco Chanel; Geniuses, Albert Einstein and...

In this special five-part podcast series, we consider the business leadership issues raised by General Stanley McChrystal (ret.) recent book Leaders-Myth and Reality, which he co-authored with Jeff Eggers and Jason Mangone. Using Plutarch’s Livesas their model they considered multiple leaders and leadership styles. These include: Founders, Walt Disney and Coco Chanel; Geniuses, Albert Einstein and...

DECEMBER 31, 2018 BY TOM FOX In today’s edition of Daily Compliance News:Larry Ellison joins the Tesla board. What could go wrong? (Wall Street Journal)The rise and fall of Carlos Ghosn. (New York Times)Lesson from Siemen’s (10 years later). (The Conversation)Lessons from the Polycom FCPA enforcement action.(FCPA Compliance and Ethics Report) Learn more about your ad choices. Visit megaphone.fm/ad...