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 Tom Fox take a look at an Op-Ed piece penned by Alexander Vindman in the Washington Post where detailed his experiences as a whistleblower in the Trump White House. Some of the highlights include: What is the psychology for a whistleblower? What is the role of senior management in a speak up culture? What is the role of a CCO after a whistleblower speaks up? What are the ethical values of a whistleblower? Resources See Matt’s blog post, A Must Read on Whistleblower Retaliation on Radical Compliance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Compliance into the Weeds

Vindman and Whistleblowers

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 Tom Fox take a look the economics of compliance conferences. Who will be the winners and losers with conferences going virtual through the rest of 2020 and beyond?  Some of the highlights include: Compliance conference economic basics. How does this change in the age of virtual events? What about compliance conferences that do not need to make money? What are the differences in live and virtual conferences and do those differences make a difference in the experience?  Resources See Matt’s blog post, SCCE Conference Going Virtual on Radical Compliance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Compliance Conference Economics 101

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 Tom Fox take a look the recent domestic bribery and corruption enforcement action involving ComEd, a subsidiary of energy giant Exelon Corp. and the largest utility in the state of Illinois, agreeing to pay $200 million to settle federal corruption charges that also involve one of the state’s most powerful politicians.   Some of the highlights include: Compliance practitioners need to remember domestic bribery and corruption as well as international. The bribes were offering lucrative lobbying contracts and no-show jobs to associates of Illinois House Speaker Michael Madigan. How did compliance save the day for ComEd? What about the Board of ComEd and Exelon? Is there a real commitment from the top?  Resources See Matt’s blog post, ComEd Pays $200 Million on Domestic Bribery on Radical Compliance. Learn more about your ad choices. Visit megaphone.fm/adchoices

CPA In America-the ComEd Bribery Action

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 Tom Fox take a look the recent enforcement action by New York banking regulators against Deutsche Bank, which resulted in a $150 million penalty for its business dealings with Jeffrey Epstein. The matter is full of corporate miss-steps, compliance failures, corporate governance disasters and presents a cautionary tale for every compliance professional.  Resources See Matt’s blog post, Deutsche Bank’s Many Epstein Failures on Radical Compliance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Deutsche Bank Fined Over Epstein Accounts

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 Tom Fox take a look the recently released FCPA Resource Guide, 2nd edition; released jointly last week by the Department of Justice and Securities and Exchange Commission. Resources From Tom, check out his five part blog post series on the new FCPA Resource Guide on the FCPA Compliance and Ethics Blog. For a copy of the FCPA Resource Guide, 2nd edition, click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

FCPA Resource Guide, 2nd edition

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 Tom Fox take a look the recently announced Novartis FCPA enforcement action. We discuss the background facts, bribery schemes, fines and penalties, data analytics approach and conclude with lessons learned.   Resources From Matt, Novartis Settles FCPA Case for $345 Million From Tom Part 1-Introduction Part 2-the Bribery Schemes Part 3-Internal Controls Part 4-Fines, Penalties and Recidivism Learn more about your ad choices. Visit megaphone.fm/adchoices

Novartis FCPA Enforcement Action

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 Tom Fox take a look this week’s United States Supreme Court decision in Liu v. Securities and Exchange Commission, which upheld the SEC remedy of profit disgorgement. We consider the background facts of the case and how the Court reached its decision. We also consider what the decision might mean for FCPA enforcement and compliance professionals going forward.  For a copy of the decision in Liu v. SEC, click here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Supreme Court Upholds Profit Disgorgement

In this special emergency weekend episode (our first) Matt Kelly and Tom Fox take a deep dive into the attempt by AG William Barr to fire the US Attorney for the Southern District of New York, late on the evening of June 19. We consider its legality, what it means for both the SDNY, SEC and white-collar law enforcement going forward.   Resources  See Matt Kelly blog post on Radical Compliance, Turmoil for SEC, SDNY Leadership Barr tries to fire US Attorney for SDNY. (NYT) Jay Clayton nominated as new Attorney for SDNY. (CoinDesk) Berman says will not step down. (WaPo) Barr does not have authority to fire Berman under Court order appointing him. (Law and Crime) Learn more about your ad choices. Visit megaphone.fm/adchoices

Emergency Weekend Podcast-Barr Tries to Oust Berman

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 Tom Fox take another deep dive into the Wynn Monitor report. Today we consider the issues around third parties; including vendors in the Supply Chain and the rigor of the approval process and role of the corporate compliance function and CCO. We also discuss how customers and especially high rollers are treated.   Resources See Matt Kelly blog post, Wynn Part 2: Third-Party Oversight Learn more about your ad choices. Visit megaphone.fm/adchoices

Wynn Monitor Report-3rd Parties

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 Tom Fox take a look at two examples of ham-fisted leadership; one by Facebook CEO Mark Zuckerberg and the second by NFL Commissioner Roger Goodell. Both also had to respond to employee near revolts over their poor leadership. For Zuckerberg it was his refusal to stop President Trump’s incendiary and race-bait tweeting. For Goodell, it was lack of acknowledge of the racist murder of George Floyd. Resources See Matt Kelly blog post, Two Tales of Ham-Fisted Leadership Learn more about your ad choices. Visit megaphone.fm/adchoices

Ham-fisted Leadership

 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. This past weekend saw some of the largest protests and violence this country has seen in 50+ years in the wake of the killing of George Floyd. In a very somber episode, in this podcast Matt Kelly and Tom Fox try to make some sense of leadership responses to the protests over the Floyd killing and explore if there is a compliance-based approach to remedying the institutional racism which led to his killing. Resources A good general summary of anti-racism resources: https://docs.google.com/document/d/1BRlF2_zhNe86SGgHa6-VlBO-QgirITwCTugSfKie5Fs/preview?pru=AAABcnb5mB8*DxXs7K_umbRHlS1kzEln3g A website that gives you specific bail funds for your city: The Bail Project, a nonprofit that aims to mitigate incarceration rates through bail reform. https://bailproject.org Other places to donate: Black Visions Collective, a black, trans, and queer-led social justice organization and legal fund based in Minneapolis-St. Paul. https://www.blackvisionsmn.org/about The Minnesota Freedom Fund, which pays criminal and immigration bail and bond for people who cannot afford it. https://minnesotafreedomfund.org/bailbondfaq The Brooklyn Bail Fund, which helps pay bail for those who cannot afford it. https://brooklynbailfund.org/donation-form The NAACP Legal Defense Fund, which supports racial justice through advocacy, litigation, and education. https://www.naacpldf.org/about-us/ Communities United Against Police Brutality, which operates a crisis hotline where people can report abuse; offers legal, medical, and psychological resource referrals; and engages in political action against police brutality. https://www.cuapb.org/what_we_do Northstar Health Collective, a St. Paul–based organization that provides health services and support at protests. https://northstarhealth.wordpress.com/about-us/ The ACLU, which provides legal services and support for a broad range of people with civil rights complaints. https://www.aclu.org/issues/racial-justice Learn more about your ad choices. Visit megaphone.fm/adchoices

Compliance and Leadership Lessons from the Floyd Protests

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 podcast Matt Kelly and Tom Fox take a deep dive into how business leaders can demonstrate values during times of difficulty, specifically when the CEO of Airbnb was required to layoff nearly 25% of the company’s workforce. Some of the highlights include: How can tone at the top be so critical during the coronavirus health crisis and economic dislocation? Airbnb’s CEO Brian Chesky’s communication to employees. How does clarity and certainty in Brian Chesky’s letter help make the layoffs more palatable? Why are personal meetings so critical? Why is dignity to a RIF’d employee so critical? What can the compliance professional learn from this experience? How (and why) was the Weight Watchers massive layoff so different? See Matt Kelly blog post Demonstrating Values During Difficulties on Radical Compliance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Demonstrating Corporate Values in the Time of Economic Downturn

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 podcast Matt Kelly and Tom Fox take a deep dive into the attestation required by the Commonwealth of Massachusetts for businesses eligible to reopen in response to Covid-19. Some of the highlights include: What is the attestation requirement? What policies and procedures are a company mandated to have to reopen? What training must a company give its employees? What is the four-phase plan that Massachusetts will implement to effect reopening? What has been the decision-making process of the Massachusetts Governor Charlie Baker? When will sports reopen in Boston? See Matt Kelly blog post Massachusetts Covid-19 Attestation on Radical Compliance. Learn more about your ad choices. Visit megaphone.fm/adchoices

Covid-19 Attestation in Massachusetts

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 podcast Matt Kelly and Tom Fox take a deep dive into the compliance job market, during the middle of Covid-19 health crisis and into the rest of 2020 and beyond. Some of the highlights include: The Radical Compliance Job Report is growing not lessening. Why is the market for CCO types frozen and wrecked? Will a thaw come in the second half of the year? WWill the Big Brother interview appear? Does Covid-19 hasten the move to more tech solutions in the AML compliance world and beyond? What is happening with salaries? What industries are bullish on compliance hiring? Learn more about your ad choices. Visit megaphone.fm/adchoices

The Compliance Job Market, Frozen Not Wrecked

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 podcast Matt Kelly and Tom Fox take a deep dive into the recent mandate from the CDC that CEOs, CCOs and CFOs certify and attest that each employee who disembarks from a cruise ship has met the CDC requirements to do so, under potential criminal penalty. Three cruise lines, Royal Caribbean, Carnival Cruises, and Norwegian Cruise Line have over 100,000 employees cooped up on ships in US ports. The CDC wants to make certain that when they come on land, it is safe for everyone. Some of the highlights include: What are the CDC requirements? Why does the CDC want CEO, CCO and CFO attestation? Should these corporate leaders agree to do so? What is about the employees on the ships? Given that at least 100 cruise ships that set sail after March 4, the first day that a passenger died of Covid-19 while on a cruise stopping in the United States, is this warranted? What does it mean for potential liability going forward? Resources Matt Kelly blog post, Cruise Lines Face Covid-19 Compliance Squeeze Learn more about your ad choices. Visit megaphone.fm/adchoices

Rough Waters Ahead for Cruise Line CCOs

What happens when two compliance aficionados get together to talk all things compliance, risk management and ERM? You get Tom Fox, the Voice of Compliance and Matt Kelly, the Coolest Guy in Compliance, going into the weeds of a topic each week. Each week, you can take a deep dive with two of the top writers, thinkers and prognosticators in compliance. 

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Compliance into the Weeds

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