With Uncle Duke joining the compliance debate around Michael Cohen, Jay Rosen and myself take a look at some of the top compliance stories over the past week.

  1. The fallout from the Michael Cohen revelations continue to explode across the compliance universe. Matt Kelly considers it from a COSO perspective in Radical Compliance, Tom and Matt podcast have another podcast about it on Compliance into the Weeds, Tom channels his inner Hunter S. Thompson for a three part series, Part I-the Start, Part II-Full Gonzo and Part III-Uncle Duke. The NYT reports that the Novartis GC loses his job over the scandal.
  2. Rod Rosenstein announced a new “anti-piling on” policy. What does it mean for FCPA enforcement? Lara A. Covington and Michael E. Hantman, writing in the FCPA Blog, point out the strings attached and potential rewards. Tom considers the new policy (channeling Tom Wolfe) here.  For the full text of Rosenstein’s remarks see here.
  3. Writing in forbes.com, Dan Pontefract says we need ethics professionals more than ever.
  4. The purveyors of the most excellent Global Anti-Corruption Blog, Rick Messick and Matthew Stepenson both post articles decaptitating the arguments against transparency into shell corporations. Rick’s piece is here. Matthew’s piece is here.
  5. What is it like to negotiate a FCPA/Bribery Act resolution, while heading up the remediation. Phoebe Seers reports on how the Innospec GC/CCO handled it in Mlex.
  6. Trump tweets out to protect Chinese jobs in the ZTE sanctions case. What are the implications? Sam Rubenfeld takes a look at the landscape in WSK Risk & Compliance Journal.
  7. Businesses are finding value in combining sustanibility and compliance. Ben DiPietro reports in the WSJ Risk & Compliance Journal.
  8. Cybersecurity whistleblowers are becoming increasingly important to the SEC and in the corporate world. Henry Cutter reports in the WSJ Risk & Compliance Journal.
  9. Rockets square their series with Golden State 1-1 and are heading out west. Celtics head to Cleveland up 2-0.
  10. Tom announces publication date of his next book, The Complete Compliance Handbook,which will be available on May 21, 2018 on Amazon.com. If you are attending Compliance Week 2018, Tom is have a book signing party on Monday, from 2:15 to 2:45. Come by and pick up an autographed copy.

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