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. This week Matt and Tom take a deep dive into the issue of compliance and artificial intelligence. Some of the issues we consider are: What are the AI risks for compliance? What guidance does the COSO Framework provide? What are some of the top areas of AI failure? Are we governing AI in the right manner? What about the audit...
Oct 20, 2021•31 min•Ep. 245
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. This week Matt and Tom take a deep dive into a recent speech by SEC Director of Enforcement Gurbir Grewal and the likely increase in a more expansive use of SEC enforcement. Some of the issues we consider are: What is the purpose of SEC penalties; to penalize or to deter others? How did SEC Commissioner Crenshaw presage this...
Oct 13, 2021•32 min•Ep. 242
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. This week Matt and Tom take a deep dive into collapse (and perhaps rebirth) of Ozy Media and have our first round of culture failure bingo. Some of the issues we consider are: What is an Ozy and why does its collapse matter to compliance? Who is Ozzie Osbourne and what does he have to do with Ozy? What is culture failure bin...
Oct 05, 2021•30 min•Ep. 243
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. This week Matt and Tom take a deep dive into the second FCPA enforcement action of 2021, involving the UK entity, WPP. Some of the issues we consider are: Why does a $15bn, 100K employee worldwide, multination not have a compliance function? What does that say about its culture? What is the role of compliance in M&A? Whe...
Sep 29, 2021•31 min•Ep. 242
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. This week Matt and Tom take a deep dive a recent survey around employee attitudes towards employer vaccination policies and enforcement of those policies. Some of the issues we consider are: · What are employee attitudes toward employer vaccination policies? · Why is there a split between White Collar response v. Blue Collar...
Sep 22, 2021•25 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. This week Matt and Tom take a deep dive into why an internal reporting system is not enough. Indeed having a speak up culture is not enough. Your company must have a listen up culture. Some of the issues we consider are: · What is a speak up culture? · What is a listen up culture? · What are some of the benefits of a true li...
Sep 15, 2021•25 min•Ep. 240
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. This week Matt and Tom take a deep dive the recent SEC enforcement action involving Kraft Foods. While the subject matter of the enforcement action was fraudulent expense recognition, it turns out the real culprit was a corrupt culture. Some of the issues we consider are: · What were the underlying facts? · What does tone at...
Sep 08, 2021•28 min•Ep. 239
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. This week Matt and Tom take a deep dive the recent move by Delta Airlines to require employees who refuse to be vaccinated to pay a special health care insurance surcharge of $200 to cover the increased health care costs associated with unvaccinated employees who contract Covid-19. Some of the issues we consider are: · What ...
Sep 01, 2021•20 min•Ep. 238
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. This week Matt and Tom take a deep dive into the recent announcement by Walmart that former DOJ Deputy Attorney General, Criminal Matthew Miner had joined the company as CCO. Resources Matt in Radical Compliance Walmart Names ex-DOJ Boss CCO Learn more about your ad choices. Visit megaphone.fm/adchoices
Aug 25, 2021•25 min•Ep. 237
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. This week Matt and Tom take a deep dive into the SEC enforcement involving Pearson. Some of the issues we consider are: How can a failure to disclose lead to a SEC violation? What were the disclosure controls and procedures failures? How is patch management a critical part of cybersecurity? What were the misleading statement...
Aug 18, 2021•25 min•Ep. 236
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. This week Matt and Tom take a deep dive into Venn Diagrams to consider the questions of who sets corporate values. Some of the issues we consider are: What happens when management dictates a corp value? What happens when that value is disputed by employees? What happens when the regulators come knocking? How does social medi...
Aug 11, 2021•25 min•Ep. 234
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. This week Matt and Tom take a deep dive into the actions of Activision CCO Frances Townsend who when faced with a claim by the state of California of sexual harassment by the company in the workplace, went off the deep end. Some of the issues we consider are: · What happens when a CCO attacks internal whistleblowers? · How i...
Aug 04, 2021•25 min•Ep. 233
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. This week Matt and Tom take a deep dive into the Deferred Prosecution Agreement entered into by First Energy company for its bribery of certain state officials in the state of Ohio, including the former Speaker of the House in Ohio. Some of the issues we consider are: What were the underlying facts? What were the bribery sch...
Jul 28, 2021•23 min•Ep. 232
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. This week Matt and Tom take a deep dive into the recent SEC enforcement action regarding the SPAC Stable Road Acquisition Corp. and its acquisition of the space technology company Momentus. Some of the issues we consider are: What were the underlying facts? Were red flags missed, consciously avoided or outright ignored? Wher...
Jul 21, 2021•18 min•Ep. 231
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. This week Matt and Tom take a deep dive into the two recent FINRA enforcement actions involving the trading platform Robinhood. Some of the issues we consider are: What were the underlying facts? Were red flags missed, consciously avoided or outright ignored? Where was compliance? Why must the human element always be present...
Jul 14, 2021•21 min•Ep. 230
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. This week Matt and Tom take a deep dive into the first FCPA enforcement action involving a company in 2021, the Amec Foster Wheeler global anti-corruption enforcement action. Some of the issues we consider are: What were the underlying facts? Were red flags missed, consciously avoided or outright ignored? Where was complianc...
Jun 30, 2021•28 min•Ep. 228
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. This week Matt and Tom take a deep dive into a lesson learned long ago by the Nixon Administration, adapted for 21st century cybersecurity. It’s not just the breach, it is not disclosing the breach to authorities and investors for which companies get in hot water. Some of the issues we consider are: What are your reporting o...
Jun 23, 2021•16 min•Ep. 228
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. This week Matt and Tom take a deep dive into the recent report from LexisNexis Risk Solutions about the costs of financial crimes compliance and its implications for ABC compliance professionals. Some of the issues we consider are: What costs have gone up? Why have the costs for financial crimes compliance increased? What ar...
Jun 16, 2021•20 min•Ep. 227
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. This week Matt and Tom take a deep dive into the SEC Chairman Gary Gensler’s firing of the entire PCAOB Board, including Board Chair William Duhnke. Some of the issues we consider are: What does this mean for internal audit? What does this mean for compliance? What was the legal basis for these terminations? How did Duhnke c...
Jun 09, 2021•24 min•Ep. 226
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. This week Matt and Tom take a deep dive into the role(s) of compliance for ESG. Some of the issues we consider are: How compliance is most suited to lead a corporate ESG effort. Why compliance must do so or be relegated to a technical function? How does government, the courts and investors drive ESG? What is the role in asym...
Jun 02, 2021•26 min•Ep. 225
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. This week Matt and Tom take a deep dive into the fiasco around the formation of the Super League in European Football (soccer), focusing on the role of John Henry, American owner of the Liverpool Football Club and the lessons for the (American) compliance professional. Some of the issues we consider are: How do you make a cu...
May 27, 2021•18 min•Ep. 224
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. This week Matt and Tom take a deep dive into the Biden Administration’s recently released Executive Order on cybersecurity for both the federal government but also contractors who do work for the US government and their subcontractors. Some of the issues we consider are: How will there be more and better sharing of threat in...
May 19, 2021•28 min•Ep. 223
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. This week Matt and Tom take a deep dive into the intersection of Elon Musk, cryptocurrencies and the SEC. Some of the issues we consider are: What do make of Musk’s SLN performance? What does the SEC have to say about all this? What is the MicroStrategy, strategy? What does the market think about all this? Where is complianc...
May 12, 2021•21 min•Ep. 222
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. This week Matt and Tom take a deep dive into SAP trade sanction enforcement action. Some of the issues we consider are: What were the underlying facts? How did SAP allow products to get to Iran for so long? How did SAP achieve a NPA even with aggrieved factors? How was the financial penalty calculated? What were the remedial...
May 05, 2021•23 min•Ep. 221
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. This week Matt and Tom take a deep dive into a different area; their joint love of history. Matt is reading Nuclear Folly, a new chronicle of the Cuban Missile Crisis by Ukrainian history professor Serhii Plokhy. We use this as a starting point to explore how both the Soviets and Americans used different types of internal de...
Apr 28, 2021•25 min•Ep. 220
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. This week Matt and Tom take a deep dive into different types of risk including cybersecurity and anti-corruption to lead a broader discuss about the nature of risk, risk management and the future of compliance. Some of the issues we consider are: What is risk? What are the roles of the CISO and CCO for risk management? Who o...
Apr 21, 2021•21 min•Ep. 219
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. This week Matt and Tom take a deep dive into the type of cybersecurity risk where ERP software is compromised due to a bug or other vulnerability. Some of the issues we consider are: · What are two types of cybersecurity risk? · How does this second type of risk impact ERP systems? · What are the compliance implications? Int...
Apr 13, 2021•26 min•Ep. 218
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. This week Matt and Tom take a deep dive into the recent spate of SPACs which have formed and are gobbling up companies through acquisition. What does it mean from the internal control, risk management and compliance perspective? Some of the issues we consider are: What are SPACs? Do SPACs render controls ineffective? What ar...
Apr 07, 2021•24 min•Ep. 217
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. This week Matt and Tom take a deep dive into the recent grounding of the Ever Given in the Suez Canal, which has now been floated free. What does it mean from the risk management and compliance perspective? Some of the issues we consider are: What were the controls in place to stop this failure? What changed which rendered t...
Mar 31, 2021•23 min•Ep. 216
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. This week Matt and Tom take a deep dive into the 2021 PwC Global CEO Survey, including its findings about digital transformation of business processes and risk management. Some of the issues we consider are: What are the top risks CEOs are worried about in 2021? How has that list changed since 2020? What is the digital trans...
Mar 24, 2021•24 min•Ep. 215
