Info

FCPA Compliance Report

Tom Fox has practiced law in Houston for 30 years and now brings you the FCPA Compliance and Ethics Report. Learn the latest in anti-corruption and anti-bribery compliance and international transaction issues, as well as business solutions to compliance problems.
RSS Feed Subscribe in Apple Podcasts
FCPA Compliance Report
2018
November
October
September
August
July
June
May
April
March
February
January


2017
December
November
October
September
August
July
June
May
April
March
February
January


2016
December
November
October
September
August
March
February


2015
December


Categories

All Episodes
Archives
Categories
Now displaying: Category: Compliance Commentary
Nov 20, 2018

NOVEMBER 20, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

Nov 16, 2018

As Tom and Jay mourn the death of cultural icon Stan Lee, they consider that story and look at some of the week’s top compliance and ethics stories. 

  1. Why Goldman’s ‘tick the box’ compliance program not good enough. FT editorial board. sub req’d What are 4 questions the DOJ is likely to ask and what are 4 areas of inquiry under the FCPA Corporate Enforcement. Tom explores in Part Iand Part II. Mike Volkov asks ‘what about respondent superior’?; in his blog Crime, Corruption and Compliance. Richard Bistrong explained what happened during his guilty plea hearing for his FCPA criminal action, in the FCPA Blog.  
  2. Richard Bistrong explained what happened during his guilty plea hearing for his FCPA criminal action, in the FCPA Blog.
  3. How can ISO 37001 be fixed? Joe Murphy lists 44 ways on the FCPA Blog.
  4. MoneyGram spanked again as it’s DPA is extended. John Rausch reports in his Dipping Through Geomotries
  5. Tesla names new Board Chair. Will she be able to rein in Elon Musk? Tom Krisher reports in the Washington Post.
  6. Has your company assess the impact of Brexit? If not, the SEC says you should do so. Tatyana Shumsky reports in the WSJ Risk & Compliance Journal.
  7. Why 2019 may well be a challenging year for internal audit. Rafael Go and Leslee McKnight write in Corporate Compliance Insights.
  8. Are companies meeting their human rights requirements? Sam Rubenfeld explores in WSJ Risk & Compliance Journal.
  9. What is the business impact of bribery and corruption in Venezuela? Chevron weighs pulling out. Kejal Vyas and Bradley Olson report in the WSJ.
  10. Chuck Duross says cutting back on compliance programs would be both short-sighted and foolish. Adam Dobrik reports in GIR.
  11. How has GDPR impacted M&A deals? Nina Trentmann reports in the WSJ Risk & Compliance Journal.
  12. In a sponsored podcast, Tom visits with Vin DiCianni and Eric Feldman of Affiliated Monitors on the impact of culture, compliance and monitoring for non-US companies in countries outside the US. Part I-Introduction, Part II-International Enforcement Trends, Part III-Spain, Part IV-Development of Monnitoring in International Enforcement and Part V-International Challenges for Monitors. 

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Nov 16, 2018

NOVEMBER 16, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

Nov 15, 2018

Welcome to the only roundtable podcast in compliance. This week’s episode was is dedicated to considering one article which recently appeared in the New York Times, entitled, “Trump Administration Spares Corporate Wrongdoers Billions in Penalties”. Each panelist considers the piece and its underlying principals from their own perspective. 

  1. Jonathan Armstrong considers whether or not the US is losing its role as the global anti-corruption policeman? If it is, will another country step up to take its place? Jonathan rants about UK politicians meddling in UK criminal prosecutions and criminal procedure.
  1. Mike Volkov considers what, if anything does the article tell you about DOJ enforcement priorities? How do priorities change from administration to administration? What does that mean for line and career prosecutors? Mike gives a shout out to US voters who turned out in record numbers in the recent mid-term elections.
  1. Matt Kelly considers the enforcement angle from the SEC or other regulatory bodies notably the Federal Reserve and Office of the Currency. Matt give a very large tip of the hat in his shout out to shareholder activist extraordinaire Evelyn Davis who recently passed away.
  1. Jay Rosen who works as a vendor during in the ethics and compliance space, considers the article from his perspective. He explores such questions as are companies spending less because of enforcement or is corporate compliance is as robust as ever? Jay has a heavy heart this week in remembering the victims of the massacres at the Tree of Life Synagogue in Pittsburg and the Borderline Bar & Grill in Thousand Oaks, CA.

For additional reading see the following from Cordery Compliance:

http://www.corderycompliance.com/client-alert-rolls-royce-case-sends-a-strong-signal/

http://www.corderycompliance.com/new-sfo-director-assumes-office-2-2/

http://www.corderycompliance.com/brexit-and-compliance-2/

http://www.corderycompliance.com/client-alert-skansen-linked-executives-jailed-for-bribery-in-uk/

The members of the Everything Compliance panelist are:

  • Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com
  • Mike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.
  • Matt Kelly– Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com
  • Jonathan Armstrong– Rounding out the panel is our UK colleague, who is an experienced lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com

The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network.

Nov 15, 2018

NOVEMBER 15, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

  • How has GDPR impacted M&A deals? (Wall Street Journal)
  • AstroBall nominated as one of the best business books of 2018.(Amazon)
  • What is a public spanking? Goldman Sachs finds out as the FT Editorial Page calls out its check the box compliance function. (Financial Times)
  • Why cutting back on compliance programs would be short-sighted and foolish. (GIR)
Nov 12, 2018

In this podcast series, I visit with Vin DiCianni, founder and President of Affiliated Monitors, Inc. (AMI) and Eric Feldman, Senior Vice President of AMI. We consider the global view of ethics, compliance and corporate culture of non-US companies, outside the US; in both their home countries and in other countries. AMI does independent integrity monitoring in multiple countries outside the US and for many non-US organizations. This work has given them a unique vantage point to observe developments. In this Part III, I discuss trends in ethics and compliance programs in Spain with DiCianni.

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Nov 12, 2018

The FCPA Compliance Report is the longest running podcast in compliance. This summer, the Compliance Podcast Network posted its 1000thpodcast in its catalogue. The FCPA Compliance Report is the most senior podcast in this network. To commemorate this event, I am featuring a five-year retrospective for the topic of each podcast. In each podcast, I consider where we were, where we are now and where we will be going in the next five years.

In the Episode, I visit with podcast favorite Mike Volkov and we consider FCPA enforcement and compliance programs over the past five years and where it may be going in the future. In this podcast we discuss:

  1. How the 2012 FCPA Guidance was one of the seminal releases of information by prosecutors and regulators.
  2. The Ten Hallmarks of an Effective Compliance provide all compliance practitioners with information needed to design, create and implement a best practices compliance program.
  3. The DOJ and SEC have continually listened to the concerns of businesses and compliance practitioners over the past 5 years in formulating enforcement policies.
  4. The DOJ telegraphed its enforcement priorities through its enforcement actions.
  5. The 2017 FCPA Corporate Enforcement Policy was the culmination of this journey.
  6. Compliance professionals should use data to demonstrate effectiveness and continuous improvement of their compliance programs.
Nov 12, 2018

NOVEMBER 12, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

  • What happens when an industry has too much hubris? (Bloomberg)
  • Will the new Chairman help anything at Tesla?(Wall Street Journal)
  • Still smoky for college basketball after 1stcorruption trial. (StarTribune)
  • More (very) bad news for Goldman Sachs. (Wall Street Journal)
Nov 9, 2018

Goldman Sachs has a very bad week, most particularly around its role in the 1MDB scandal. Tom and Jay consider that story and look at some of the week’s top compliance and ethics stories. 

  1. Malaysian officials call for Goldman Sachs to return the $600MM profits it made on the 1MDB bond sales. Stephania Palma reports in the Financial Times. (sub req’d) Goldman Sachs reserves up to $1.8bn to pay for the scandal. Sam Rubenfeld reports in the WSJ Risk and Compliance Journal. Tom has a 3-part series on the matter. Part I-background facts in the guilty plea and indictments, Part 2-the bribery and money-laundering schemes and Part 3-what does it all mean for compliance professionals.
  2. New academic reports shows better whistleblower programs save companies money. For the full report, click here. Matt Kelly has two posts on Radical Compliance (here and here). Tom blogs about it on the FCPA Compliance and Ethics Blog.
  3. What happens when a compliance professional is not up for the job. David Crow looks at a FCA investigation in the Financial Times. (Sub req’d)
  4. Who is Responsible for Ethics? Marsha Ershagahi Hames explains in LRN’s Blog.
  5. Did the Hoskinsdecision change any requirements around due diligence on intermediaries or other third-parties? Eric Lochner opines in the FCPA Blog.
  6. Does the recent Stryker FCPA enforcement action change the requirements for per diem expense reimbursements? Kyden Creekpaum writes in the FCPA Blog.
  7. Does a Golden Passport portend corruption? Dick Cassin explores in the FCPA Blog.
  8. Magistrate recommends PdVSA suit alleging recoupment of bribery proceeds by tossed. Carol Balado reports in com. (sub req’d)
  9. Is the (SEC) glass half-full or half-empty? In half-full article, FCPA Unit head says more industries about to be sweep. Ryan Barber in com (sub req’d) In the half-empty department, Co-Director of Enforcment, Stephanie Akavian says its impact, not numbers that matter (meaning the numbers are way down). Francine McKenna reports in MarketWatch.
  10. Ever wonder how a SEC investigation begins? Dan Portnov explains it all on Grand Jury Target.
  11. Looking for the top training on how to operationalize your compliance program? Tom announces a new Compliance Master Class to be held in NYC November 12 & 13, hosted by Jonathan Marks and Baker Tilly. For agenda, more information and registration details click here.
  12. Tom premiers new podcast offering, the Daily Compliance News on the Compliance Podcast Network. Have cup of coffee and catch up on the day’s top compliance stories with the Compliance Evangelist. 

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Nov 8, 2018

NOVEMBER 8, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

  • Malaysian officials call for Goldman Sachs to return the $600MM profits it made on the 1MDB bond sales. (Financial Times)
  • Did the Hoskins decision change due diligence requirements?(FCPA Blog)
  • How will the rest of the world deal with new US sanctions on Iran? (Wall Street Journal)
  • Compliance executive under investigation from FCA for lack of expertise. (Financial Times)
Nov 7, 2018

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 and I take a deep dive into the recently announced reorganization of the Michigan State University compliance function, rolling it into the newly created Office of Audit, Risk, and Compliance.  

Some of the highlights from this podcast are:

  1. Does MSU interim President John Engler get compliance?
  2. What is the role of a CCO at a major state university?
  3. Does rolling compliance under internal audit demonstrate a adherence to or lack of commitment to compliance?

 

For more see Matt’s blog post, Michigan State Reorgs Compliance Again

Nov 7, 2018

NOVEMBER 7, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

  • Changes at the top of Danske bank as the Chairman of the Board resigns. (Financial Times)
  • Strip clubs off the approved employee expense reimbursement at Under Armor.(Wall Street Journal)
  • What are per deim expenses and why do you need to be concerned about them? (FCPA Blog)
  • Flight risk or spend-thrift? First person to receive UWO arrested in London. (BBC online)
Nov 6, 2018

NOVEMBER 6, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

Nov 5, 2018

In this episode, I visit with James Koukios, a partner at Morrison and Foerster in Washington DC. Koukios is a former prosecutor from the Department of Justice who worked in the FCPA Unit. He is back to discuss the firm’s monthly newsletter the Top 10 International Anti-Corruption Developments for August 2018. In this podcast we discuss:

 

  1. How each month’s newsletter is produced, what goes into it and how topics and issues are generated.
  2. The declination with disgorgement received by the Insurance Corporation of Barbados Limited given
  3. There were three declinations discussed in the newsletter: (a) Guralp Systems Limited; (b) Hertz; (c) Electrobras; and (d) Sinotec Biovac. We briefly discuss each case and then the overall themes or lessons to be learned from them collectively;
  4. The case that keeps on giving and going-PdVSA. We discuss the month’s indicments and prosecutions.
  5. The 1MDB prosecutions and why every US company involved with 1MDB or the prior Malaysian government needs to scrub their operations and interactions with them now to determine if there were any suspicious payments.
  6. The Hoskinsdecision. What are the implications of this case for the compliance practitioner, white collar defense lawyer and in-house compliance professional.
  7. The incentives the Justice Department has given to companies to come in self-disclose FCPA violations under the Sessions administration.

To see the firm’s Top 10 International Anti-Corruption Developments for August 2018, click here.

Nov 5, 2018

NOVEMER 5, 2018 BY TOM FOX

In today’s edition of Daily Compliance News:

  • Corruption allegations throw Sri Lanka into turmoil. (New York Times)
  • New academic paper shows the ROI on robust whistleblower program. (Navex Global)
  • SEC levied nearly $4bn in fines for last fiscal year. (Wall Street Journal)
  • Head of Australian Cricket resigns after scathing report on ball tampering scandal. (BBC)
Nov 2, 2018

In today’s edition of Daily Compliance News:

  • Maryland football coach DJ Durkin fired one day after Systems Board of Regents reinstated him. (New York Times)
  • Big news in the 1MDB scandal. Tim Leissner pleads guilty. Roger Ng and Jho Low are indicted. (FCPA Blog)
  • New study shows the monetary cost for reputational damages. (WSJ Risk and Compliance Journal)
  • Leslie Caldwell and Christopher Ting aver compliance is still critical to the DOJ. (Law360)
  • Adventures in Compliance looks at Sherlock Holmes as a teacher. (Compliance Podcast Network)
Nov 1, 2018

In today’s edition of Daily Compliance News:

  • The Danske Bank AS whistleblower has been released from his NDA and will testify before the Danish and EU Parliaments. (Bloomberg)
  • If a whistleblower rings, is anyone listening? (MVolkov)
  • Yet another former PdVSA procurement officer, has pled guilty to AML charges in connection with bribery and corruption. (DOJ Press Release)
  • Former national KPMG Partner-in-Charge of Inspections has pled guilty to all five counts against him for stealing data on inspections from the PCAOB. (MarketWatch)
  • Adventures in Compliance looks at A Study in Scarlet and CCOs exercising power. (Compliance Podcast Network)
Oct 28, 2018

In the Episode, I visit with Yvette Lingom, Associate Director, Programming at C5 Communications Ltd. We discuss the opening of the nomination process for C5’s Women in Compliance Awards which are presented annually in conjunction with the Women in Compliance conference put on by the organization. They honor individuals, teams and their companies of all type and size worldwide for the very best initiatives, compliance innovations and enthusiasms to drive the commitment to compliance within their organizations at all times. 

Now in their sixth year, these Awards are well-respected accolades bestowed on the compliance industry and those that advise it; and will once again bring together more than 400 compliance professionals from across the globe. Some of our podcast topics include:

--What was the genesis of the Women in Compliance Awards?

--We discuss several of the categories in the awards, including Compliance Officer of the Year for large, medium and small entities; Compliance Innovator of the Year; Compliance Mentor of the Year, Lifetime Achievement Award and several others.

--There are also team awards for various compliance teams which are led by women.

--We discuss the nomination and selection process and the awards ceremony.

--The Women in Compliance awards are presented in conjunction with the Women in Compliance conference put on by C5 at the same time.    

To find out more about the Women in Compliance Awards and (hopefully) nominate someone, click here.

To find out more about the Women in Compliance, to be held in London on March 27-28, 2019, click here.

Oct 26, 2018

The Boston Red Sox thrash the LA Dodgers in the first two games of the World Series. Will they sweep the NL champs? The New England Patriots are back on top of their division. Is Jay heading for a fall? The lads regroup after the 2018 SCCE, Compliance and Ethics Institute to look at some of the week’s top compliance and ethics stories. 

  1. Tom and Jay reflect on the just concluded SCCE 2018 Compliance and Ethics Institute. Matt Kelly blogs on Roy Snell’s retirement and random thoughtson Radical Compliance.
  2. Tom is shocked, simply shocked to find out there is money paid to top athletes to atend certain colleges to play sports. Where was the NCAA? See reports in the New York Times, Wall Street Journal, Sports Illustratedand ESPN.
  3. Can some purloined notebooks lead to a bigger car wash? Waithera Junghae writes about how notebooks from a driver could break open a massive corruption scandal in Argentina. In GIR(sub req’d)
  4. Do you have Chinese companies in your supply chain? You’d better wake up to the risk. Jaclyn Jaeger reports in Compliance Week. (sub req’d) Speaking of supply chains, Mike Volkov says they can do good, in the Corruption, Crime and Compliance
  5. When Louis Sapirman speaks, you should listen. Adam Dobrik reports on Sapirman’s SCCE CEI talk in GIR. (Sub req’d)
  6. Got a compliance or governance question? Then “Ask Amii” as Amii Bernard-Bahn opens a mailbag column on Compliance Weekwhere she answers your compliance and governance questions.
  7. Jonathan Marks talks corporate goverance common sense. Will Board’s listen? Check out his latest in his BoardandFraudblog posting.
  8. Did Goldman Sachs muzzle a whistleblower from going to the SEC? Emily Flitter reports in the New York Times.
  9. Looking for the top training on how to operationalize your compliance program? Tom announces a new Compliance Master Class to be held in NYC November 12 & 13, hosted by Jonathan Marks and Baker Tilly. For agenda, more information and registration details click here.
  10. Want to attend a top compliance conference but have no travel budget? Navex Global has the answer for you with its virtual conference. Check out details and registration here.

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Oct 24, 2018

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 and I take a deep dive the upcoming Navex Global Virtual Conference, which is scheduled for Thursday, November 8.   

Some of the highlights from this podcast are:

  1. We take a look at the speakers and the topics of the event. There are four focus areas which will help you move your compliance program forward.
  2. We consider the advantages of a virtual conference for the compliance practitioner.
  3. The format will be both key note speeches, focused one-hour nuts and bolts presentations and lengthy Q&A. One or all three should work for you.
  4. Best of all the Navex Virtual Conference is free.

For registration and agenda go to Navex Global.

Full disclosure: Matt and myself both write for Navex Global.

Oct 22, 2018

In the Episode, I visit with Dave Lefort, the Editor in Chief of Compliance Week. We visit on Dave’s route as a journalist and online sports leader to compliance. We discuss some of his new initiatives at Compliance Week and the upcoming Compliance Week virtual open House. Some of the highlights include: 

--How Dave’s work at ESPN as part of the company’s efforts to bring a greater, more robust and personalized online experience to the sports fan have informed some of his approaches to his editorship of Compliance Week.

--One of the changes Lefort has led is moving the Compliance Week magazine to a bi-monthly issue schedule, allowing a deeper dive through special report. In this most recent issue, there is a deep dive look at technological solutions in compliance. We discuss some of the key themes and articles in this issue.

--Compliance Week is hosting a virtual Open House from October 22-26, allowing non-subscribers to get behind the firewall to check out some of the great context available in blogs, articles, magazines, podcasts and editorial pieces. It is a great opportunity to see what Compliance Week has to offer to you.  

To check out the free offer of the Compliance Week Open House, check out the Compliance Week website here.

Oct 19, 2018

The Boston Red Sox storm into the World Series after defeating the Houston Astros in the ALCS. Will the team with the best record in baseball take home the trophy this year? Jay and Tom (well really just Jay) hit the highlights from the Sox 4-1 shellacking of Houston. Tom takes his medicine as they take a look at some of the week’s top compliance and ethics stories. 

  1. The Benczkowski Memo continues to be sliced and diced. Tom had two posts on it, an overview and what it means for compliance practitioners. Channelling his inner cynical journalist, Matt takes a dim view of it on Radical Compliance. Tom and Matt hash it out on Compliance into the Weeds. Dick Cassin reports in the FCPA Blog. Sam Rubenfeld reports in the Wall Street Journal Risk and Compliance Journal.
  2. Is your country trustworthy. Barbara Brooks Kimmel on the TrustAcrossAmerica on the 2018 Country Trust Index in the FCPA Blog.
  3. The SEC says companies need better controls to stop phising expeditions. Ezequiel Minaya reports in the WSJ. Doug Cornelius weighs in on his Compliance Building. Kevin Lacroix looks at it from the insurance angle in his D&O Diary.
  4. Mike Volkov channels his inner Moody Blues when he saws CCOS are on the see-saw. It's a balancing act for every CCO in Corruption, Crime and Compliance.
  5. Continuing his tipping point theme, Mike Volkov says we are at a tipping point for 3rdparty risk management. In Navex Global’s Compliance and Ethics Matters Also check out Navex Global’s 2018 Third-Party Risk Management Benchmark Report here.
  6. The International Forum on Business Ethical Conduct recently published guidelines for model business courtesies and hospitality. Kelvin Stroud writes about it in the FCPA Blog.
  7. A Yank in the SFO? Not really, as she is British born but American bred head. Lisa Osofsky, new head of the UK Serious Fraud Office returns to the colonies to talk about enforcement of the SFO going forward. Reported in NYU’s Compliance and Enforcement
  8. Looking for the top training on how to operationalize your compliance program? Tom announces a new Compliance Master Class to be held in NYC November 12 & 13, hosted by Jonathan Marks and Baker Tilly. For agenda, more information and registration details click here.
  9. Want to attend a top compliance conference but have no travel budget? Navex Global has the answer for you with its virtual conference. Check out details and registration here.
  10. Tom premiered a new podcast series, Adventures in Compliancewhich explores the intersection of Sherlock Holmes and Compliance. The first five episodes were released this week and are available on iTunes, Libsyn, JDSupra and this site. They were the Red Circle and Communications; the Abbey Grange and Institutional Justice; the Priory School and Criminality; the Six Napoleons and Mentoringand the Empty House and Imagination in Compliance.
  11. Will you be attending the SCCE 2018 Compliance and Ethics Institute? If so let’s connect. Jay is hosting his annual Orphan’s Dinner on Saturday night if you are getting there early. Give him a shout to connect.
  12. World Series predictions? 

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.

Oct 17, 2018

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 and I take a deep dive into the Benczkowski Memo and what it means for not only the monitor selection process but for compliance officers who may be in front of the Justice Department in a FCPA investigation.   

Some of the highlights from this podcast are:

  1. Will there be corporate monitors going forward?
  2. Tom argues this memo sets out a road map for any company under FCPA investigation to avoid a monitor.
  3. Matt wonders if this memo will assuage mergers and acquisition liability for inadequate pre-acquisition due diligence.

We unpack of all these points and consider strategies going forward.

For more reading: see Matt’s piece New DOJ Policy on Corporate Monitors and see Tom’s blog posts Astros Heading to Back-to-Back as DOJ Announces New Monitor Policy and Back-to-Back (again): More on the Benczkowski Memo.

 

Oct 15, 2018

In the Episode, I visit with Eric Feldman, Senior Vice President at Affiliated Monitors, Inc.  Eric and I discuss some of your reflections, observations and highlights from the Converge18 conference with recently concluded in Denver. Some of the highlights include: 

--The conference focused on the action piece of what compliance professionals need to accomplish.

--A key theme which literally began on the first keynote on the first day, from Patrick Quinlan, CEO of Convercent was organizational justice. Feldman believes that this is not enough discussed at compliance conferences as it serves as a foundation for credibility of senior leadership in an organization and helps drive a strong ethical culture throughout a company.

--Another interesting concept discussed by Feldman and myself was brand reputation and brand protection, another key theme at the conference. General Counsel and legal departments are tasked with brand protection but in this case of hyper-social media, that strategy may well lead to loss of brand reputation. A compliance professional should work to enhance brand reputation and move your brand forward, not simply circle the wagons.   

For other reviews of Converge18 see Tom Fox’s blog post on the FCPA Compliance and Ethics Blog, Reflections on Converge18and Matt Kelly’s blog post on Radical Compliance Dispatches from Converge 2018.

1 2 3 4 5 6 7 Next » 11