In this episode, I visit with Vin DiCianni, President and Founder of Affiliated Monitors, Inc. on pro-active monitoring. We discuss the recently announced strategic alliance between Affiliated Monitors, the US’s premier independent compliance monitoring/evaluation company and RS Legal Strategy Limited, a UK Q.C. led legal one stop shop white collar crime and fraud boutique.  We discuss the strengths that at party brings to this new business venture and what they hope to achieve.

We use this new strategic alliance as a mechanism to discuss how companies can take a more pro-active approach to addressing their ethics and compliance deficiencies comprehensively, through the efforts of an independent advisor. When an independent monitor is utilized, there is a much greater likelihood that a successful outcome and improved practices will be achieved.

Through the combination of RS Legal’s expertise in UK enforcement actions, taken with AMI’s pro-active global ethics and compliance approach, you begin to see how an independent review can facilitate the operationalization of compliance from the detect prong to the prevent prong into more of a prescriptive approach.  We explore how investigations and monitoring, when used pro-actively, can increase the likelihood of any of a corporate client securing a beneficial outcome resulting from ongoing investigations.

This podcast continues the theme I have been following on the evolution of best practices compliance program, continually moving away from the simple paper program approach articulated by some. The Justice Department’s Evaluation of Corporate Compliance Programs is designed, in large part to get companies to think about and ask questions about their compliance program. The proactive use of a monitor is one of the key innovations in this path.

For more information, Vin DiCianni can be reached at vdicianni@affiliatedmonitors.com.

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