As many of you knew I am an avid fan of podcasts and today I am thrilled to announce I have added another podcast to the growing network of podcasts available here at the FCPA Compliance Report and on the same named site on iTunes. At the SCCE 2016 Compliance and Ethics Institute, I sat down with four of the top compliance commentators in the field for my first roundtable-style podcast. It was so successful that I persuaded the gang to come back together every couple of weeks for a formal podcast, which is entitled Everything Compliance. The premier episode is available for your listening pleasure today. I will post a new episode every two weeks.
I host these four well-known compliance practitioners and commentators in a roundtable format:
- Jay Rosen (Mr. Translations) – Jay is Vice President of Legal & Corporate Language Solutions at United Language Group. Jay helps his clients develop efficient and cost effective solutions for Foreign Corrupt Practices Act (FCPA), Ethics & Compliance legal language needs for global investigations and Governance, Risk Management and Compliance (“GRC”) matters. Jay is my podcast partner for our weekly Friday podcast This Week in FCPA. Jay also curates weekly top FCPA and Ethics & Compliance stories for “Jay Rosen’s Weekend Read” which is available on LinkedIn Pulse. Rosen can be reached at email@example.com.
- Mike Volkov – One of the top FCPA commentators and practitioners around and is the Chief Executive Officer (CEO) and owner of The Volkov Law Group, LLC. Mike has over 30 years of experience in practicing law, is a former federal prosecutor and veteran white collar defense attorney, he has expertise in areas of compliance, internal investigations and enforcement matters. Volkov maintains the highly popular FCPA blog – Corruption, Crime & Compliance. He is a regular speaker at events around the globe, and is frequently cited in the media for his knowledge on criminal issues, enforcement matters, compliance and corporate governance. Volkov can be reached at firstname.lastname@example.org.
- Matt Kelly – Founder and CEO of Radical Compliance, is the former Editor of the noted Compliance Week Matt is an independent compliance consultant who studies corporate compliance, governance, and risk management issues. On his blog, RadicalCompliance.com, he writes on the intersection of business issues, compliance, governance, and risk topics. Kelly was named as ‘Rising Star of Corporate Governance’ by Millstein Center for Corporate Governance in the inaugural class of 2008 and named on Ethisphere’s ‘Most Influential in Business Ethics’ list in 2011 (no. 91) and 2013 (no. 77). Kelly can be reached at email@example.com
- Jonathan Armstrong – Rounding out (but certainly not least) is our UK colleague, who is an experienced lawyer with Cordery Compliance Limited in London. His practice concentrates on compliance and technology issues, including advising multinational corporations on matters involving risk, compliance and technology across Europe. He has handled legal matters in more than 60 countries involving allegations relating to bribery, whistleblower complaints, corporate governance, ethics code implementation, reputation, internal investigations and data privacy matters. Armstrong can be reached at firstname.lastname@example.org.
The format is a roundtable discussion where I throw out a question to one commentator to lead the discussion. From that starting point we will all join in. I also include an “On My Mind” segment where each participant discusses what is on the forefront of their mind. This podcast is longer than my others, coming in at around 60 minutes, which allows us to explore the week’s issues in depth.
I am pleased to announce the first podcast is up and the inaugural episode includes the following discussion topics:
- Mike Volkov leads a discussion of the unintended consequences of the Yates Memo/Pilot Program for internal investigations. We explore the issue of “de-confliction” where the government asks a company to halt its own internal investigation for the government to be the first to interview witnesses. We explore de-confliction in the context of a requirement of cooperation to gain the benefits of the pilot program and how such a request from the Department of Justice (DOJ) could lead companies to be unable to disclose to other agencies or to shareholders and keep a Board in the dark about the alleged wrongdoing. What does this mean for the company and the internal investigator?
For Volkov’s post on conflicts of interest (COI) in internal investigations after the Yates Memo, click here.
- Matt Kelly leads a discussion on compliance and corporate governance. We explore the issue of compliance being involved in issues around pricing and sales in companies like Valeant and Wells Fargo. We discuss the role of compliance in areas outside of strict legal compliance but may move towards reputational risk, going into such areas as the new revenue recognition standards and executive compensation.
For Kelly’s blog post on the intersection of CEO pay and Chief Compliance Officers (CCOs), click here.
- Jonathan Armstrong leads a discussion of funding and the UK Serious Fraud Office (SFO), in the context of the recent announcement that the SFO has received additional or supplemental funding to investigate Unaoil. Why does the SFO need supplemental funding and how does it obtain it? What does all of this mean for the continued existence of the SFO in light of a former critic now being PM? Finally, Armstrong ties all of this into Brexit, his recent interview of Max Schrems and issues surrounding Privacy Shield.
- Jay Rosen takes us through the compliance conference scene. For those of you who are avid attenders of the various conferences, he discusses some of the key differences in the types observed, such as the nuts and bolts types (SCCE) and others which focus more on commentary (FCPA Blog NYC Conference). He discusses the relative strengths of each and how a compliance professional should think about selecting one or more to attend. He ends with his thoughts on why compliance certification is a plus (or minus).
For Rosen’s blog post Designing Your 2017 Ethics, Compliance & FCPA Conference Schedule, click here.
This new podcast Everything Compliance joins the four other podcasts I have on different aspects of compliance. The original FCPA Compliance and Ethics Report focuses on the nuts and bolts of compliance. Unfair and Unbalanced – is a podcast I do with SCCE CEO Roy Snell. In it we focus on wide ranging issues for the compliance profession. Compliance into the Weeds – is a podcast I do with Matt Kelly where we take a deep dive into the weeds of a compliance issue, typically technology, internal controls or GRC. We both indulge our inner geekiness in this podcast. Jay Rosen and I wrap up each week in FCPA, compliance and ethics with This Week in FCPA. All of these podcasts are available to you on my site, FCPAcompliancereport.com, and are available on iTunes under the same name.
Finally, I have a separate podcast on business leadership for both the compliance professional and broader business leader, 12 O’Clock High – A Podcast on Business Leadership with Tom Fox. It is hosted by Richard Lummis and each week I take a deep dive into a different area of business leadership; such leadership lessons from Dr. Frankenstein to managing a culture transformation. It has is hosted on a separate site, click here, and is also available on iTunes under the same name.
Go to the first episode of Everything Compliance
This publication contains general information only and is based on the experiences and research of the author. The author is not, by means of this publication, rendering business, legal advice, or other professional advice or services. This publication is not a substitute for such legal advice or services, nor should it be used as a basis for any decision or action that may affect your business. Before making any decision or taking any action that may affect your business, you should consult a qualified legal advisor. The author, his affiliates, and related entities shall not be responsible for any loss sustained by any person or entity that relies on this publication. The Author gives his permission to link, post, distribute, or reference this article for any lawful purpose, provided attribution is made to the author. The author can be reached at email@example.com.
© Thomas R. Fox, 2016