Legal News

Under the U.S. Sentencing Guidelines, the Board must exercise reasonable oversight on the effectiveness of a company’s compliance program. The DOJ Prosecution Standards posed the following queries: 1) Do the directors exercise independent review of a company’s compliance program? and 2) Are directors provided information sufficient to enable the exercise of independent judgment? Moreover, the FCPA Resource Guide, 2nd edition required a CCO to have direct access to the Board or an appropriate....

In today’s edition of Daily Compliance News: Trump wants cut of Microsoft TikTok deal. (WaPo) BP reports loss but increases green investment. (NYT) UK issues sanctions warning for maritime sector. (WSJ) SEC probing Kodak. (WSJ)...By: Thomas Fox

In this episode of Trekking Through Compliance, we consider the episode Day of the Dove which aired on November 1, 1968, Star Date unknown. Compliance Takeaways: How to use disruption as an innovation. Integrating compliance into the business. Hitting the ground running as a new CCO....By: Thomas Fox

In today’s edition of Daily Compliance News: Mark Zuckerberg really does want to crush competition. (Slate) FIFA President under criminal investigation. (FT) Barr’s corruption unmasked. (WaPo) 1st wave of Coronavirus lawsuits coming. (WSJ)...By: Thomas Fox

As the international fight against corruption took two small steps forward this week in the 1MDB case, Tom and Jay brave the surge in Covid cases by staying safe at home. They are back to look at top compliance articles and stories which caught their eye this week....By: Thomas Fox

In this episode, I visit with Rod Grandon, Managing Director of Government Services, from Affiliated Monitors, Inc. we consider the types of things a monitor would review to determine if a company adequately considered ethics and compliance during the M&A process....By: Thomas Fox

In this episode of Trekking Through Compliance, we consider the episode The Paradise Syndrome which aired on October 4, 1968, Star Date 4842.6. Compliance Takeaways: How can you create a remarkable compliance experience? CCO as project sponsor. Compliance must widen its circle....By: Thomas Fox

In today’s edition of Daily Compliance News: Wirecard in the Philippines. (KYC360) Obese politicians signal corruption. (Eurasianet) Fraud reimbursement in Congo. (WSJ) Things not looking too good at Under Armour. (WSJ)...By: Thomas Fox

In today’s edition of Daily Compliance News: China says HSBC set ‘trap’ for Huawei. (WSJ) Lay-offs are the worst option. (FT) Winners and losers in business from Coivd-19. (NYT) Fraud at Ebony? (WSJ)...By: Thomas Fox

In this episode of Trekking Through Compliance, we consider the episode Assignment Earth which aired on March 29, 1968, Star Date unknown. The final episode of Season 2. Compliance Takeaways: How many pizzas have you bought? A lunch alone is a lunch wasted? Do you rotate other executives through compliance for assignments?...By: Thomas Fox