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 response of JPMorgan to the whistleblower termination allegations of Shaqualla Williams. Highlights include: What does whistleblower protection actually mean? Can a company fire an employee for other conduct if they have filed a whistleblower report? Will this become t...
May 11, 2022•26 min•Ep. 275
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 some of the impacts on compliance from the Russian invasion of Ukraine. Highlights include: · How will the invasion impact your Supply Chain? · What are the attributes of a compliance program that can lead your corporate response? · What about cyber? · Will all this lead to a mor...
May 04, 2022•26 min•Ep. 274
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 recently released Stericycle FCPA enforcement action. Highlights include: · What is a business strategy based upon corruption? · Over-expansion and under due diligence in M&A. · Document Document Document · The Monaco Doctrine at work. · Lessons learned going forward. Res...
Apr 27, 2022•23 min•Ep. 273
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 are joined by Karen Woody and Jonathan Marks to consider the SEC’s recent proposed rules for disclosure of cyber breaches. Highlights include: · What was in the proposals? The 60-day comment period is running. · The 4-day disclosure requirement for material breaches. · The corporate governance issues ...
Apr 20, 2022•21 min•Ep. 272
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 on strange comings and goings of Elon Musk and his participation on the Twitter Board of Directors. Highlights include: · When and how did Musk become Twitter’s largest shareholder? · Why was he asked to come on to the Board? · SEC filing requirement issues? · What role did the various stakeholde...
Apr 13, 2022•25 min•Ep. 271
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 look at the recent ECI report on the Differences Between Small, Medium And Large Enterprises E&C Programs. Highlights include: · Where did this ECI report derive its data? · Why are middle sized companies in such bad condition regarding compliance program? · Why are middle sized companies h...
Apr 06, 2022•23 min•Ep. 270
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 at the recent remarks by DOJ Assistant Attorney General Kenneth Polite on CCO certifications of compliance programs after the conclusion of a DPA. Highlights include: · Where did this issue come from? · Is its implementation looming? · What are the implications for individual CCO liability? · Wha...
Mar 30, 2022•24 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 look at the proposed SEC climate change risk disclosure regulations released on Monday. Highlights include: The history of this issue. Is the SEC over-reaching? Why climate change regulations only? What about a broader set on ESG? The role of internal controls, audit and oversight. What does al...
Mar 23, 2022•21 min•Ep. 268
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 visit with our Ukrainian colleague Tim Khashinov-Batirov. Tim is well-known in the worldwide compliance community as Compliance Man. He is currently a refugee in The Netherlands at the time of this recording. In this episode, Tim talks about his escape from Ukraine, what life has been like as a displa...
Mar 16, 2022•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. This week, Matt and Tom take look at a recent speech by SEC Commissioner Alison Herron Lee where she considered the role of lawyers as gatekeepers under SOX 307. Some of the issues we consider · Who do lawyers represent? · What is the difference between lawyers and gatekeepers? · How can or should lawyers represent multiple ...
Mar 09, 2022•27 min•Ep. 266
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 somewhat somber view on the Russia invasion of Ukraine. Some of the issues we consider: Discussion of sanctions. What do sanctions mean for US, UK and EU countries? How companies should think about doing business in Russia going forward. What about energy production and consumption? US company ...
Mar 02, 2022•28 min•Ep. 265
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 turn to the recent FCPA enforcement action brought by the SEC involving the Korean company KT Corp. Some of the issues we consider Background facts and a corrupt culture, literally from the top. How does the SEC have jurisdiction over KT Corp? Why you need a flow chart of the bribery schemes and a sco...
Feb 23, 2022•25 min•Ep. 264
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 return to one of Matt’s favorite topics Elon Musk/Tesla. Some of the issues we consider: · What happens when a business is lead by a runaway CEO? · Implications of new SEC investigation. · State of California investigation into racial discrimination. · Where has the Board been all this time? · Will th...
Feb 16, 2022•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. This week, Matt and Tom take up two recent academic papers which every compliance practitioner should study as they provide insight about how communications can impact both fraud prevention and compliance. Some of the issues we consider Berger and Lee on state FCA claims cutting overall accounting fraud. Jinjie Lin on SEC tw...
Feb 09, 2022•22 min•Ep. 262
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 are pleased to host Mike Volkov, host of the Corruption Crime and Compliance podcast on the Compliance Podcast Network. Mike formerly worked in the DOJ, Antitrust Division. We consider the current evolution of antitrust enforcement by the DOJ and FTC and how it might impact the Microsoft acquisition o...
Feb 02, 2022•42 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 up the Log4j imbroglio. Some of the issues we consider: · Why is this matter of such importance to compliance and audit? · Is your IT security out-sourced? If so how do you perform 3rd party due diligence on these companies? · What is the intersection of 3rd party, cyber and operational risk? · H...
Jan 26, 2022•28 min•Ep. 260
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 up compliance training and messages insights Matt had from the book, Get It Done, a newly released book by business professor Ayelet Fishbach. Some of the issues we consider · How has compliance training evolved? · The differences in values-based training and rules-based training. · How can you b...
Jan 19, 2022•22 min•Ep. 259
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 conclude a special two-part podcast series of several topics they will be following in 2022. Today in our concluding Part 2, we consider: · The time of reckoning is coming for SPACs funded in 2021 as their 18 month-deadline is fast approaching. Is the SEC looking at SPACs as an alternative form of IPO...
Jan 12, 2022•34 min•Ep. 258
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 begin a special two-part podcast series of several topics they will be following in 2022. Today in Part 1, we consider The Biden Administration’s Strategy on Countering Corruption, specifically around FinCEN and AML enforcement and how it may impact FCPA enforcement. The PCAOB was long dysfunctional b...
Jan 05, 2022•38 min•Ep. 257
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. On Tuesday, Matt and Tom began a special two-part year-end review of six topics which they saw as significant in 2021 and believe will be so into 2022 as well. They looked at SPACs, the Robinhood/GameStop phenomena and the new hybrid working environment and what is means for the compliance professional. Today in Part 2 we co...
Dec 30, 2021•40 min•Ep. 256
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, Matt and Tom begin a special two-part year-end review of six topics which they saw as significant in 2021 and believe will be so into 2022 as well. In this episode we discuss SPACs, the Robinhood/GameStop phenomena and the new hybrid working environment and what is means for the compliance professional. Join us on Thu...
Dec 28, 2021•36 min•Ep. 255
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, Matt and Tom take a deep dive into the JPMorgan settlement with the SEC and CFTC for faulty electronic record-keeping. Some of the issues we consider are: · Why does Matt ‘almost feel bad' for JPMorgan? · There was a paucity of facts. So why is the fine so high? · Is it a ‘Compliance Consultant’ or a Monitor? · The re...
Dec 22, 2021•35 min•Ep. 254
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, Matt and Tom take a deep dive into the recently released US Strategy on Countering Corruption. After beginning with a debate on whether the document is simply a nice to have or something more significant, some of the issues we consider are: What is the significance domestically v. internationally? What new data will b...
Dec 15, 2021•24 min•Ep. 253
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, Matt and Tom take a deep dive into the difference between a privacy breach and a ransomware attack. Some of the issues we consider are: Why are privacy breaches different from ransomware attacks? What is an authenticated v. unauthenticated cyber-attack? Why would the SEC get involved? What are the internal controls ne...
Dec 08, 2021•26 min•Ep. 252
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, Matt and Tom take a deep dive into several issues regarding Special Purpose Acquisition Companies (SPACs). Some of the issues we consider are: What did the Klausner and Olhrogge Research Paper show about conflicts of interest? What did Calcbench analysis show about not only the number of SPAC filings but how they are ...
Dec 01, 2021•26 min•Ep. 251
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, Matt and Tom take a the recently filed lawsuit by Shaquala Williams against JPMorgan for alleged retaliation for her internal whistleblowing. Williams was in a compliance function at the bank and claimed she was terminated for raising the issues that JPMorgan was not living up to its reporting requirements under a DPA...
Nov 17, 2021•26 min•Ep. 250
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, Matt and Tom take a look at the Department of Defense retreat on its cybersecurity initiative for contractors, from the original CMMC to the new standard of CMMC 2.0. Some of the issues we consider are: · What is CMMC and what morphed into CMMC 2.0? · Who led the charge to make these changes? · Do these changes help o...
Nov 10, 2021•21 min•Ep. 249
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, Matt and Tom continue their look at the recent speech by DAG Lisa Monaco to the ABA White Collar Institute on some very significant change to white collar, including FCPA enforcement. Today we consider potential changes to DPAs and NPAs and other settlement mechanisms. Some of the issues we consider are: · Are DPAs an...
Nov 03, 2021•23 min•Ep. 248
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, Matt and Tom have a rare emergency podcast on DAG Lisa Monaco’s speech to the ABA White Collar Institute on some very significant change to white collar, including FCPA enforcement. Some of the issues we consider are: Return to the Yates Memo. Disavowal of the Benczkowski Memo. Change in the FCPA Corporate Enforcement...
Oct 29, 2021•27 min•Ep. 247
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 deeper dive into the recent Credit Suisse enforcement action. Some of the issues we consider are: Is a broader view of risk needed? If so, who would perform that review? Too many silos? Public companies v. investment banks? What is under escalated risk? What is conduct risk? Learn more about you...
Oct 27, 2021•25 min•Ep. 246
