On this weekend, we have the dual celebrations of Easter and Passover. As Tom enjoys the Astros 11-0 run and sweeps of the Yankees and Mariners; Jay mourns his Red Sox going into the doghouse, they also take a look at some of this week’s top compliance and ethics stories which caught their collective eyes this week.
- Corporations behaving badly are looming large in the news this week. What does Boeing’s culture teach us about compliance and ethical behavior? Ann Skeet in MarketWatch. Former VW CEO Martin Winterkorn charged criminally in Germany. William Boston reports in the WSJ.
- Mike Volkov takes a deep dive into the Standard Chartered $1bn fine for failures in AML controls, on his blog Corruption, Crime and Compliance. Part 1, Part 2and Part 3.
- How can you get compliance right when there are no regulations on it? Jo Ritcey-Donohue explores in Law360.
- Jay joins the bandwagon on compliance programs as profit enhancers. In this CCI column.
- GDPR-what happened to one-stop enforcement? Lokke Moerel in NYU’s Compliance and Enforcement Blog.
- How can the role of a monitor go murky? Phillip Bantz in Law.com.
- When is a facilitation payment a bribe? Dick Cassin uses the Uber FCPA investigation disclosure to explore in the FCPA Blog.
- Trump administration moves to eviscerate agency ruling making? Joe Mont reports in Compliance Week. (sub req’d) Matt Kelly discusses the pitfalls in Radical Compliance.
- What businesses need to do now to prepare for Cyber Attacks. Steve Durbin writes CCI.
- This week Tom visits with AMI MD Rod Grandon on federal contractors and compliance programs. Check out the following: Part 1-Responsible Contractors; Part 2– What the Government Expects; Part 3– Small Business Compliance Programs; Part 4-Why are we still talking about this?; and Part 5-Keeping it Fresh. The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Megaphone and YouTube. The Compliance Podcast Network is now also on Spotify and Corporate Compliance Insights.
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.