In this episode, Jay Rosen and myself take a look at some of the top compliance stories over the past week, including some fury.

  1. Wells Fargo is having its soul investigated by actual nuns. Alistair Gray reports in the Financial Times; Thorton McEnery notes sometimes the Universe is both hilarious and cruel in Dealbreaker; and Bloomberg says the Nuns want to know the root cause of the illegal conduct at Wells Fargo.
  2. BSRG goes into receivership. Tom reports in the FCPA Blog. For the original sordid story see, the piece in the New Yorker in 2013 by Patrick Radden Keefe.
  3. Bill Coffin continues his string of great posts. This week he says your data breach nightmare is only going to get worse in his Compliance Week
  4. Canada to introduce DPAs. Jaclyn Jaeger reports in Compliance Week.
  5. Kobe Steel CEO resigns amid admission of years of fraudulent reports by the company. Henry Cutter reports in the Wall Street Journal Risk and Compliance Journal.
  6. The FCPA declination program will be extended to other areas by the DOJ. See Tom’s piece in the FCPA Compliance Report and Henry Cutter’s piece in the Wall Street Journal.
  7. Mayhem at the Mavericks? Sports Illustrated broke the story of horrific sexual harassment in the Dallas Mavericks front office. Matt Kelly blogged on it in Radical Compliance. Tom and Matt explored it in a podcast on Compliance into the Weeds. Dick Cassin reports that the Mavericks are looking to hire a first ever CCO in the FCPA Blog.
  8. March 6 was the anniversary of the fall of the Alamo. The lads explore what is means for compliance professionals to be seen as the Alamo. Is compliance the last stand or are they simply slaughtered for standing up for their beliefs? Tom considers both perspectives in the FCPA Compliance Report.
  9. Tom and Jonathan Armstrong are back with Episode 3 of Countdown to GDPR. Tom writes about the policies and procedures you need for GDPR in the FCPA Compliance Report.
  10. Tom announces presales of his next book, the Complete Compliance Handbook, which will be published by Compliance Week in April 2018. It is available for PreSale here.

For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit this month’s sponsor Affiliated Monitors at