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. Welcome to the first Into the Weeds podcast of the new decade and the new year. In this Part 2 of a two-part podcast series, Matt Kelly and I take a look at ten issues that we think will be significant for the compliance professional in the upcoming year. Some of the highlights include: The Institutional Shareholder Services...
Jan 15, 2020•27 min•Ep. 154
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. Welcome to the first Into the Weeds podcast of the new decade and the new year. In this Part 1 of a two-part podcast series, Matt Kelly and I take a look at ten issues that we think will be significant for the compliance professional in the upcoming year. Some of the highlights include: A legislative fix to the Supreme Court...
Jan 08, 2020•35 min•Ep. 153
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. In this episode, Matt Kelly and I go into the weed over the ethical failings and missteps made by the now former Boeing CEO Dennis Muilenburg which led to his firing. Some of the highlights include: Ø What are the three steps in cooperating with the government after a failure? Ø Why did Boeing fail to reveal negative informa...
Dec 24, 2019•28 min•Ep. 152
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. In this episode, Matt Kelly and I go into the weeds about the new DOJ, National Security Division’s Export Controls and Sanctions Enforcement Policy for Business Organizations. Some of the highlights include: Why is there no declination available? What aggravating factors are different between this policy and the FCPA policy...
Dec 18, 2019•23 min
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. In this episode, Matt Kelly and I go into the weeds about the Ericsson FCPA enforcement action from the internal controls perspective. Some of the highlights include: Ø What does this enforcement action tell up about internal controls? Ø How were the business units able to evade internal controls for so long? Ø Was there con...
Dec 11, 2019•20 min
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. In this episode, Matt Kelly and I go into the weeds about operational resiliency. Some of the highlights include: What is operational resiliency? Why is technology so critical in this area? What is the intersection of operational resiliency and compliance? Should compliance and risk management be merged? From the headlines (...
Dec 04, 2019•26 min
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. In this episode, Matt Kelly and I go into the weeds about the recent DOJ announcement of the Procurement Collusion Strike Force (PCSF). Some of the highlights include. Some of the highlights include: Ø Why was the PCSF created? Ø What will it focus on? Ø Why does the funding (or lack thereof) matter? Ø What do the twin DOJ a...
Nov 13, 2019•22 min•Ep. 148
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. In this episode, Matt Kelly and I go into the weeds on a recent academic paper by Stubben and Welch entitled, Are Secondhand Whistleblowing Reports More Credible. The authors reviewed data from the Navex Global data base of 2 million whistleblower reports from more than 1,000 companies from 2004 through 2017. Their findings ...
Nov 06, 2019•19 min•Ep. 147
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. In this episode, Matt Kelly and I go into the weeds on issues raised around SOX compliance by internal audit functions in corporations and the use of tech solutions to improve things by a recent report of the SOX Professional Group. Some of the highlights include: Why is SOX compliance still ‘a big hassle’? A recent report b...
Oct 30, 2019•26 min•Ep. 146
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. In this episode, Matt Kelly and I go into the weeds to explore the SEC’s proposed changes to its whistleblower program. Some of the highlights include: The reforms were originally announced 18 moths ago. Why is the SEC just now getting to public discussion? What if anything will be the cap on high end awards? Conversely, wil...
Oct 23, 2019•19 min•Ep. 145
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. In this episode, Matt Kelly and I go into the weeds to explore the recent changes at the PCAOB made by SEC Chairman Jay Clayton. Some of the highlights include: Ø Why were the changes announced in a manner to hide them? Ø Why were they such unusual personnel moves? Ø Why would the SEC put someone on the PCAOB with no discern...
Oct 16, 2019•22 min•Ep. 144
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. In this episode, Matt Kelly and I go into the weeds to explore the recent SEC enforcement action against Mylan and its mischaracterization of the drug EpiPen as a generic drug. This mischaracterization cost the federal government millions of dollars and led the SEC to fine Mylan $30MM. Some of the highlights include: Ø How c...
Oct 11, 2019•17 min
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. Today we have a special live and in person podcast recording from Converge19. In this episode, Matt Kelly and I go into the weeds to explore the recent SEC enforcement action against Quad/Graphics and its Peruvian subsidiary. Matt comes in smoking on the egregious conduct of the company and the lack of criminal sanctions aga...
Oct 02, 2019•19 min•Ep. 142
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. In this episode, Matt Kelly and I go into the weeds to explore the recent SEC enforcement action against PwC and its partner Brandon Sprankle for violating audit firm independence rules, including PwC implementing a GRC software system for one of its audit clients. Some of the highlights include:What was the conduct which le...
Sep 25, 2019•20 min
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. In this episode, Matt Kelly and I go into the weeds to explore what additional educational degrees or certifications a mid-career compliance professional should consider obtaining to further their career. Some of the highlights include: Ø How did Matt become interested in this question?Ø What types of additional university d...
Sep 18, 2019•22 min•Ep. 140
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. In this episode, Matt Kelly and I go into the weeds to explore the President’s recent imbroglio regarding Hurricane Dorian, Alabama and sharpies. Some of the highlights include:Why was this episode so creepy?What is a Level 5 business leader and why are those traits so valued in business?What would happen if a business leade...
Sep 11, 2019•24 min•Ep. 139
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. In this episode, Matt Kelly and I go into the weeds to explore the recently released FCPA enforcement action by the SEC involving Juniper Networks. Some of the highlights include: Ø Who is responsible for the continued violations after initial discovery, the subsidiaries or the parent?Ø What happens when a grandparent ‘speak...
Sep 04, 2019•29 min•Ep. 138
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. In this episode, Matt Kelly and I go into the weeds to discuss our views on the Business Roundtable’s recently released Statement on the Purpose of a Corporation. Some of the highlights include: Ø Tom believes it is an important first step to consider the various stakeholders in a business enterprise.Ø Matt has a bit more cy...
Aug 28, 2019•29 min•Ep. 137
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. In this episode, Matt Kelly and I go into the weeds to explore size of the compliance workforce in secondary markets in the US and how that will impact compliance program enhancements going forward. Some of the highlights include:Do FASB accounting standard changes mandate new skill/talents?Why are the new FASB lease account...
Aug 21, 2019•25 min•Ep. 136
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. In this episode, Matt Kelly and I go into the weeds to explore the actions by Delta CEO in not going to a meeting at the White House because of previously scheduled vacation plans. Is this modeling of corporate values useful to improve employee morale? Some of the highlights include:Why did Delta CEO Ed Bastain ditch a White...
Aug 14, 2019•30 min•Ep. 135
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. In this most somber episode, Matt Kelly and I go into the weeds to explore what are some of the compliance responses to the twin tragedies of El Paso and Dayton. Some of the highlights include: Ø How the lack of safety at the workplace impacts employee trust.Ø How should a company monitor hate and racist speech by employees ...
Aug 07, 2019•29 min•Ep. 134
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. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore recent Facebook settlement with the SEC and the FTC. We also explore what the new DOJ antitrust investigation may portend going forward. Some of the highlights include: This is now the second SEC settlement under this fact pattern....
Jul 31, 2019•26 min•Ep. 133
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. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore recent SEC enforcement actions which Matt characterized as an “internal control Palooza”. We explore what went askance, how to learn from it and how to prevent it going forward. Some of the highlights include: Ø The SEC recently ha...
Jul 24, 2019•28 min•Ep. 132
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. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore Matt’s observations on compliance training. While traveling cross-country with the family for a well-earned vacation he paid close attention to the safety training video. We used that as a starting point for a deep dive into compli...
Jul 17, 2019•24 min•Ep. 131
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. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into employees of the U.S. Customs and Border Protection who operated a closed Facebook group, replete with racist, sexist posts about migrants and Democratic politicians. For corporate compliance and governance professionals who think about t...
Jul 10, 2019•22 min•Ep. 130
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. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore Matt’s recent interview of Theranos whistleblower Tyler Schultz. We use this as a starting point to discuss what a company can do when everyone knows that fraud is going on but no one says anything about it. Some of the highlights ...
Jul 03, 2019•21 min•Ep. 129
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. In this episode, Matt Kelly (the coolest guy in compliance) and I take things in a different direction as we welcome Francine McKenna, reporter at MarketWatch. And blogger extraordinaire at Re: The Auditors. After one full week of writing, thinking and talking about the SEC enforcement action against KPMG, we provide our ini...
Jun 26, 2019•44 min
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. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into SEC enforcement action announced against KPMG this week. Some of the highlights include: Which part of the scandal is worse-bribery/corruption or falsifying standards?Can KPMG be trusted going forward?What led to the Board investigation o...
Jun 19, 2019•26 min•Ep. 128
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. In this episode, Matt Kelly (the coolest guy in compliance) and I take a deep dive into Robotic Process Automation. Some of the highlights include:What is robotic process automation (RPA)?How does it differ from AI?How could a compliance professional use RPA?Why is does it pose unique risks to a corporate compliance function...
Jun 12, 2019•21 min•Ep. 127
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. In this episode, Matt Kelly (the coolest guy in compliance) and I go into the weeds to explore how the complexity of modern-day corporations can lead to catastrophic failures such as the two crashes of the Boeing 737 Max. Some of the highlights include: Ø Our podcast today was based upon two blog posts we both wrote this wee...
Jun 05, 2019•22 min•Ep. 126
