The Patriots won the Super Bowl (yet again). Even more significantly This Week in FCPA is now on Spotify. To celebrate, Tom and Jay are back to at some of this week’s top compliance and ethics stories which caught their collective eyes.
- Goldman Sachs considers clawbacks from former execs involved in the 1MDB scandal. Matthew Goldstein reports in the New York Times.
- What were last year’s trends in NPAs and DPAs. Joseph Warin, Kendall Day and Melissa Farrar pen their thoughts in Law360.
- Stupid CEO remarks=new activist investor on Board. The Papa John saga continues. Julie Jargon in the Wall Street Journal.
- An intriguing analysis of the Wells Fargo scandal. Brian Taylor in the Harvard Law School Forum on Corporate Goverance and Financial Regulation.
- Bring out your dead. Did Wells Fargo have branches in Austrailia? Jamie Tarabay reports in the New York Times.
- It’s Friday afternoon. Where are your bankers? Sam Rubenfeld reports on the continuing saga of the Central Bank of Bangladesh bank heist in the WSJ Risk and Corruption Journal.
- Why is tennis so susceptible to corruption? The BBC previews its TV report with a story about Karim Hossam on its online site, BBC.com. Ross Evans explores in the Global Anti-Corruption Blogin Part I and in Part II.
- Is your organization’s culture toxic? How can you assess? Benjamin van Rooij, Adam Fine, and Judy van der Graaf explore in NYU’s Compliance and Enforcement Blog.
- Did the Commerce Department violate federal law in a monitor selection? Ryan Barber reports in the National Law Journal. (sub req’d)
- Tom has a 5-part podcast series on moving from disconnected to connected compliance, sponsored by GAN Integrity. Check out the following: Part 1-What is Disconnected Compliance; Part 2-What is Connected Compliance; Part 3– Constructing a Connected Compliance Program; Part 4-Tech and Connected Compliance; Part 5-Connected Compliance and the Human Element. The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Panoply and YouTube. The Compliance Podcast Network is now also on Spotify. It is soon to be on Corporate Compliance Insights.
- Tom and Jay are speaking at the Assent Compliance, Supply Chain Conference in San Diego, on February 13. If you are interested in supply chain, compliance or the FCPA, please come by and check it out. Registration and agenda are available here.
For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.