Daily Compliance News

DECEMBER 24, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Want teamwork, think of Shackleton? (Financial Times)·      The Big Story profiles Tim Leissner. (Financial Times)·      Did Facebook put growth ahead of governance? (Financial Times)·       Will 2019 be the ‘Year of the Handshake’? (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 21, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      What is ‘sophisticated corruption’? (FCPA Blog)·      Rivals beating up SNC-Lavalin for the corruption. (Bloomberg)·      Arrests begin in Estonia over money-laundering. (The Local)·       What happens when a CCO attacks a whistleblower? (Radical Compliance) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 20, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Barclays fined $15MM by NY-DFS for attempted whistleblower unmasking. (Wall Street Journal)·      CBS on hook for Moonves legal fees. (NewYork Times)·      What is a ‘wolf’ culture? (Hint-it is not over-active males). (NewYork Times)·       Two former Panasonic Avionics execs hit with FCPA enforcement actions by the SEC. (FCPABlog) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 19, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      CBS will not pay Les Moonves $120MM in severance. (BBC)·      UBS draws $15MM fine for AML violations. (Wall Street Journal)·      When will CITGO, go? (Wall Street Journal)·       Trump Foundation agrees to dissolve. (Wall Street Journal) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 18, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Goldman Sachs criminally indicted in Malaysia. (Wall Street Journal)·      Facebook has another breach, this time on photos. (Washington Post)·      What is a naked release of ADRs? Apparently its not sexy but SEC levies big fine to BNY for doing so. (MarketWatch)·       Odebrecht fined $250 for corruption in Colombia.(Reuters) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 17, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Why was the CFO of Huawei charged with criminal conduct? She lied to HSBC. (New York Times)·      Why with Michael Flynn prosecuted by the Feds. He lied to the FBI. (National Review)·      Why has the Senate asked for the FBI to investigate the former head of USOC? He (allegedly) lied to Congress. (New York Times)·       What does Huawei arrest portend for Chinese elites? (Financial Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

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DECEMBER 13, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      What is your investigation protocol? What will the NFL do? (Sports Illustrated)·      OECD finds fewer penalties levied on bribe takers. (OECD Press Release)·       How low can bribes go? In Singapore, bribes of $1 are illegal. (Reuters)·       DOJ opens FCPA inquiry into alleged Colombian corruption (and suspicious deaths). (Bloomberg) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 12, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      CBS Corp more concerned that internal investigation leaked than substance of the report. (Wall Street Journal)·      UN estimates that $3.6 trillion is lost the world’s economy annually due to bribery and corruption. (UN Press Release)·       Former PdVSA procurement officer pleads guilty to obstruction in FCPA investigation? (FCPA Blog)·       Elon Musk does not respect the SEC. You are surprised why? (Washington Post) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 11, 2018 BY TOM FOX In today’s edition of Daily Compliance News:Two British banks ensnared in Huawei scandal. (Wall Street Journal)How exposed is Goldman Sachs in the 1MDB scandal? (New York Times)Fallout for SFO in the Tesco fraud trial continues.  (Financial Times)Shopping for Christmas? Check out these great gifts from Jho Low. (NewYork Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 10, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      China threatens Canada over Huawei arrest. (Wall Street Journal)·      Huawei accused of fraud in indictment. (New York Times)·       Peruvian vote on anti-corruption law. (Washington Post)·       NCAA will slow walk corruption investigation. (ESPN) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 7, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      US has Canada arrest Huawei CFO. Markets roiled. (New York Times)·      Some 5 years after scandal broke, Wells Fargo fires area chiefs. (Wall Street Journal)·       UK executive extradited to India over bribery allegations. (Huffington Post)·       Why good compliance is good for business (as learned by United Airlines) (Wall Street Journal) Learn more about your ad choices. Visit megaphone.fm/adchoices

What are some of the top compliance and corruption stories of December 6, 2018? Sit back with a cup of coffee and join Tom Fox, the Compliance Evangelist and listen in on the Daily Compliance News. In today’s edition of Daily Compliance News:How bad was Les Moonves behavior? Much worse than you thought. (Slate)Former Hong Kong Home Secretary convicted of paying bribes in violation of the FCPA. (FCPA Blog)Andy Spalding opines on whether the proposed $50MM Penthouse to Putin could have violated the FCPA. (Huffington Post)Urban Meyer resigns. Was it related to the scandal? (New York Times) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 5, 2018 BY TOM FOX  In today’s edition of Daily Compliance News: Is ‘forced hugging’ sexual harassment? (Washington Post)Is the NFL simply incompetent or does it intentionally ignore evidence of domestic abuse?(New York Magazine)Another day, another data breach announced. This time its Quora but only 100MM impacted? (Wall Street Journal)Glencore probe in Canada nears end. What about the US? (Wall Street Journal) Learn more about your ad choices. Visit megaphone.fm/adchoices

DECEMBER 4, 2018 BY TOM FOX In today’s edition of Daily Compliance News: ·      Goldman Sachs says it will use monitoring for high-risk transactions. (Financial Times)·      Did Marriott meet the SEC standards for data breach disclosure?(MarketWatch)·       Did Jho Low bribe US government officials? (Dipping Through Geometries)·       Farming giant CHS discloses FCPA investigation into Mexico border bribes. (FCPA Blog) Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s edition of Daily Compliance News:Former Autonomy CEO indicted in US over HP deal. (The Guardian)Marriott hit with huge data breach.(Wall Street Journal)Former Nissan CEO jail time extended. (New York Times)US Federal Reserve investigating Goldman Sachs over 1MDB scandal. (Bloomberg) Learn more about your ad choices. Visit megaphone.fm/adchoices

What were some of the day's top compliance and corruption stories? Find out on the Daily Compliance News.  Learn more about your ad choices. Visit megaphone.fm/adchoices

The top compliance and ethics stories for November 5, 2018.  Learn more about your ad choices. Visit megaphone.fm/adchoices

In today’s edition of Daily Compliance News: Maryland football coach DJ Durkin fired one day after Systems Board of Regents reinstated him. (New York Times)Big news in the 1MDB scandal. Tim Leissner pleads guilty. Roger Ng and Jho Low are indicted. (FCPA Blog)New study shows the monetary cost for reputational damages. (WSJ Risk and Compliance Journal)Leslie Caldwell and Christopher Ting aver compliance is still critical to the DOJ. (Law360)Adventures in Compliance looks at Sherlock Holmes as a teacher. (Compliance Podcast Network) Learn more about your ad choices. Visit megaphone.fm/adchoices