This Week in FCPA-Episode 66

Jay and I return for a wide-ranging discussion on some of the week’s top compliance and ethics related stories, including:

1. The SEC charges KPMG and partner with blown oil and gas company audit. See Dick Cassin’s blog post in the FCPA Blog.
2. BSRG raises its head again as company chief Beny Steinmetz was detained in Israel. See article in the FCPA Blog.
3. What should be the response of the compliance community to the events in Charlottesville and the administration’s response. Tom and Matt Kelly explored in this week’s edition of Compliance into the Weeds. See Matt Kelly’s blog post, Trump Tests Corporate America’s Values. See Tom’s blog post Time For Compliance to Take a Stand. Finally for a perspective from the compliance profession, see the statement from the Ethics and Compliance Initiative entitled, To the Members and Stakeholders of the ECI Community
4. Jeff Kaplan considers whether lawyers can be whistleblowers. See Jeff’s article in the Conflict of Interest blog.
5. Can you do any business in Iran? A new treasury ruling complicates the matter (think Catch 22). Sam Rubenfeld reports in the WSJ Risk and Compliance Journal.
6. Roy Snell reflects on 20 years in the compliance profession in an interview with Ben DiPietro in the WSJ Risk and Compliance Journal.
7. This month’s podcast series on One Month to a More Compliance Program is in full production. In August I am reviewing how to have greater continuous improvement in your compliance program. This week’s topics include voluntary monitoring, keeping track of current events, the Desktop Risk Assessment, using big data and controls testing. Affiliated Monitors is this month’s sponsor. It is available on the FCPA Compliance Report, iTunes, Libsyn, YouTube and JDSupra.