Welcome to a special series of Trekking Through Compliance, the podcast series inspired by my review of Star Trek, the Original Series. In this special series I am joined by another uber Star Trek maven, Megan Dougherty, co-founder of One Stone Creative. In this series we will review the new television show Picard which is currently streaming on CBS. Today, Episode 8, Broken Pieces.

SPOILER ALERT-Although we will review each episode after it appears, we will discuss each episode in depth.

Episode 8, Broken Pieces. A flashback shows Narissa’s initiation into the Zhat Vash on a planet with eight suns: she experiences the Admonition, a warning of the danger of synthetic life left behind by a long-extinct race. Most are driven mad by the knowledge, but Narissa retains her sanity.

Meeting Soji stirs up painful memories in Rios: he eventually tells Raffi that Soji resembles one of two beings whom Rios’s former commanding offer, Captain Vandermeer, was ordered to execute by Starfleet Security; Vandermeer committed suicide and Rios was forced to cover up the event. Raffi realizes that the two were synthetics from Bruce Maddox’s planet. Jurati awakens and admits that she murdered Maddox, explaining the vision Oh gave her; she promises never to harm Soji. Raffi explains her deduction that the Zhat Vash were behind the synth attack on Mars. Soji plots a course for her home planet; La Sirena is followed by Narek’s ship. On the Artifact, Seven arrives to rescue Elnor; she interfaces with the Queen’s cell to use the Borg drones aboard the cube to try to retake control, but Narissa has most of the drones jettisoned into space and sends a fleet to Soji’s planet.

Highlights, speculations and questions include:

  1. Since the Borg collective is limited to this Cube, could a new Borg culture be created from the Ex-B’s?
  2. Is there a potential Borg-synth alliance brewing? What will it mean for humanity?
  3. How was 7/9 able to connect and more importantly disconnect from the collective?
  4. What work does Annika have left?
  5. How cool was Raffi’s interview of the five holographic helpers?
  6. Was Oh behind Rios’ being busted out of Star Fleet?
  7. Would you forgive Jurati so easily for murder? Was it temporary insanity?
  8. Is Star Fleet dispatching the fleet to DS 12 for the right reasons?
  9. Cookies

 For over 15 years, Affiliated Monitors, Inc. (AMI) has provided professional independent integrity monitoring and ethics and compliance assessments nationally and internationally and across almost all industries.  With its knowledge of effective ethics and compliance programs and cultures, Affiliated Monitors is respected for its work as the corporate monitor on matters ranging from multi-national corporations to small and mid-size companies, and even individuals. I was therefore thrilled with AMI approached me and asked if they could join the Compliance Podcast Network with a podcast focused on monitors, monitorships and all issues related to them.

So today, I want to introduce The Affiliated Monitors Expert Podcast as the latest offering on the Compliance Podcast Network. This podcast series will explore the role of corporate monitorships in compliance and some of the key issues which companies and compliance professionals may face in dealing with monitors. The Affiliated Monitors Expert Podcast will focus on all issues related to monitorships.

The first five favorite episodes include:

What is a Corporate Monitorship?

What is the role of a corporate monitorship? In this podcast series, I am exploring the role of corporate monitorships in compliance and some of the key issues which companies and compliance professionals may face in dealing with monitors. In this episode, I am joined by Vincent DiCianni, founder and President of AMI. Today, we consider what is a corporate monitor?

What is a Post-Resolution Monitorship?

In this podcast, I am joined by Eric Feldman, Senior Vice President and Managing Director of Corporate Ethics and Compliance Programs for Affiliated Monitors, Inc. We consider what is a post-resolution monitorship.

Pre-Settlement Monitorships

In this podcast, I am joined by Eric Feldman, to consider pre-settlement monitorships.  It can also be considered as a proactive monitorship. It involves a company desiring to assess its implementation of a compliance and ethics program on a proactive basis. Such a monitorship does more than simply focus on whether there is a compliance program in place but more fully assesses its effectiveness.

Considerations When Hiring a Monitor

In this episode, I am joined by Eric Feldman, as we consider what issues a company should consider when hiring or retaining a corporate monitor.  It is important to note right off the bat, that the selection of an appropriate monitor can either make or break the entire monitorship program for an organization. Feldman advises that the forestall such a problem a company needs to have a clear understanding of what it is trying to get out a monitorship.

Monitorship Costs and Expenses

In this episode, I am joined by Vincent DiCianni, founder and President of AMI as we consider the always controversial topic of monitorship costs and expenses. DiCianni breaks the process down into three key areas.

I know you will enjoy these podcasts and find them as incredibly information as I have. Welcome to The Affiliated Monitors Expert Podcast to the Compliance Podcast Network!

For more information on Affiliated Monitors, visit their website at www.affiliatedmonitors.com.

Welcome to a  sponsored podcast series where I am exploring how to navigate risk from the Committee on Foreign Investment in the United States (CFIUS), sponsored by K2 Intelligence Financial Integrity Network (K2 Intelligence FIN). Over this five-part series I will visit with David Holley and Him Das the co-leads of CFIUS Advisory Practice at K2 Intelligence FIN. We will consider navigating the CFIUS process through using business intelligence to identify CFIUS threats and vulnerabilities, using a proactive approach to navigate the CFIUS process, CFIUS and cyber risk and access control, and effective monitoring for CFIUS. Today, in Episode 3, I visit with Him Das on the CFIUS process regarding compliance frameworks for sanctions, export control, financial crimes risk and anticorruption risks.

Sanctions and Export Control

The US imposes a broad range of economic sanctions, primarily for foreign policy or national security reasons. There are comprehensive sanctions with respect to certain countries, such as  North Korea, Iran, Cuba, Syria, parts of Ukraine and the Crimea region. There are broad targeted sanctions on bad actors such as terrorists, transnational criminal organizations, persons who are engaged in corruption, or human rights violations; for example, in Venezuela or Zimbabwe. There are a range of spectral sectoral sanctions as well on some countries such as Venezuela or Russia.

From this CFIUS will often examine whether the investor or the investment partner complies with US sanctions, to the extent that they are applicable, and to understand whether or not the foreign investor presents a threat to national security. Das provided the following example, “if the foreign investor regularly engages in transactions with Iran and has violated or violates US sanctions or export control laws by dealing with Iran, either through the US financial system or by exporting US origin items which do not have a commerce license and are subject export controls, that’s going to present a national security concern.” Interestingly, this is a key area of dialogue to help create credibility with CFIUS. It will be important to obtain CFIUS approval because at the end of the day, “US enforcement only goes so far and ultimately the US government agencies are going to rely a little bit on the trust of the partnership with the parties to the transaction.”

Vulnerable Sectors

Here Das pointed out that if an entity is involved in critical technologies, there will be a substantial government interest in the transaction. This means you can expect the CFIUS to very closely evaluate the investment, to understand the national security threats and vulnerabilities. Some of the questions which may be posed are: What the foreign government involvement is going forward? Whether there is a concerted foreign government effort to acquire sensitive technologies? Whether or not there is a potential adverse impacts to the US supply chain? Will this acquisition be an overall threat in terms of a US leadership with respect to certain technologies? What particular sectors might be vulnerable to the new export control rules? These are all questions which CFIUS may well pose and you should be ready to answer them.

What can companies do to mitigate these issues?

Das noted there are four key issues for any company going through the CFIUS process. Firstly, you must understand your technologies, what you manufacturer and what you use in that process from a Supply Chain perspective. Second, it is important to understand your investor and their interest in your company and technologies. Next you must evaluate whether or not there might be a national security threat of vulnerability or sanctions exposure. Finally, you must understand the investor and what is in their investment portfolio to get a better understanding of whether or not they have strategic objectives with respect to a technology or range of technologies or a particular sector that might have some impact or implications with CFIUS.

After considering these four keys issues, Das said it is important for organizations to consider appropriate mitigation either by shaping your transaction to prevent access by a foreign investor to material nonpublic information or by imposing appropriate access controls in business units, engaged in sensitive technologies. Lastly, a company should set up a monitoring regime or a security officer to make sure the remediation is followed. This type of framework will help build trust with CFIUS and demonstrate to CFIUS that you are thinking about the compliance framework and the future as well.

Join us tomorrow as David Holley joins me to consider CFIUS, cyber risk and access control.

For more information on K2 Intelligence Financial Integrity Network and their CFIUS Advisory Services practice, click here.

Welcome to the newest addition to the Compliance Podcast Network, Compliance and Coronavirus. As the Voice of Compliance, I wanted to start a podcast which will help to bring both clarity and sanity to the compliance practitioner and compliance profession during this worldwide health and healthcare crisis. In this episode, I speak with Joanne Taylor, Managing Director at K2 Intelligence Financial Information Network. Joanne has worked as a Solicitor, in the financial and financial services industries. She now assists companies with financial crimes compliance and investigations. We visit on how and why companies must keep their financial services compliance robust during this time of the coronavirus health crisis.

This podcast is sponsored by SAI Global. To learn how you can protect your business operations and workforce during these uncertain times, visit saiglobal.com/risk for free resources, expert guidance, and industry-leading technology.

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. As with many of you, we are overwhelmed with COVID-19 information. Matt and I want to bring some clarity, if not sanity to the conversation. In this podcast we continue our exploration of the parameters and impacts of COVID-19, by taking a look at one compliance tale in the time of coronavirus…according to Frank.

Some of the highlights include:

  • What is being Frank in the time of COVID-19?
  • Have your underlying assumptions on risk changed?
  • Why must you look at risk not simply with another set of eyes but also with a different eye?
  • With COVID-19, the risk is not only different but also unknown.
  • Why are isolation and quarantine key?
  • Why is focus on your risk management process so critical now?
  • Are you revamping your engines at 40,000 ft at 480 mph?
  • Stay tuned to after the outro for a special bonus piece on the phrase According to Hoyle…


Matt Kelly blog post, One Compliance Tale in the Time of COVID