Compliance into the Weeds

By Tom FoxBusiness News Business News Management

Compliance into the Weeds episodes

July 21, 2021SEC-SPAC Enforcement Action
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?
Where was compliance due diligence?
Bill Ackerman, Pershing Square Tontine Holdings and the proposed Universal Music acquisition?
Diamond Acquisition Corp and its acquisition of Lordstown Motors.
Resources
Matt in Radical Compliance
The Second Act of SPAC Enforcement

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19 min
July 14, 2021FINRA Enforcement Actions involving Robinhood
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 in compliance?
Why business continuity is really a compliance issues.
What about the IPO?
Resources
Matt in Radical Compliance
Lessons from Robinhood

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22 min
June 30, 2021The Amec Foster Wheeler FCPA Enforcement Action
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 compliance?
How corrupt was the culture of Foster Wheeler?
What does this mean for compliance going forward?

Resources
Matt in Radical Compliance
Foster Wheeler’s FCPA Lessons
Tom in the FCPA Compliance and Ethics Blog
Not a Siren’s Song
Silk Shirts and Corruption
Ba-da-Bing; Ba-Da-Bing

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28 min
June 23, 2021Disclosures of Cyber Security Disclosure Failures
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 obligations after a breach?
Why is the SEC interested in how you inform investors?
Why does the legal department want to hide any breaches?
What are the costs for failure to disclose?
What does this mean for compliance going forward?
Resources
Matt in Radical Compliance
Example of Cybersecurity Disclosure Failures

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17 min
June 16, 2021Financial Crimes Compliance Costs
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 areas are the costs centered?
Did the costs increase due to the pandemic?
What does this mean for other compliance disciplines going forward?
Resources
Matt in Radical Compliance
Financial Crimes Compliance Cost Keeps Going Up
LexisNexis Report - True Cost of Financial Crime Compliance Global Report

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20 min
June 09, 2021PCAOB Clean Sweep
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 create such a toxic culture at the PCAOB?
What does this mean for ESG, cybersecurity and data analytics going forward?
Resources
Matt in Radical Compliance
The PCAOB House-Cleaning and You

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25 min
June 02, 2021Compliance and ESG
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 asymmetrical regulations in driving ESG?
Why was last week such a wakeup call for corporations around ESG?
Resources
Matt in Radical Compliance
Resources to Assess ESG Materiality
Tom in the FCPA Compliance and Ethics Blog
The Role of Compliance in ESG
Leading the ESG Effort-Steps for Compliance
Compliance, Data Analytics and ESG

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27 min
May 27, 2021Compliance Lessons from the Super League Fiasco
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 cultural change?
Why it is mandatory to engage stakeholder in any discussions around cultural change?
What makes stakeholder want to follow a corp leader?
Why empathy is a mandatory leadership trait for any successful CEO.
Why understanding corporate subcultures outside the US is mandatory for the CCO.
Resources
Read WSJ article Liverpool and the Red Sox Won on His Watch. For Fans, That’s Not Enough by Joshua Robinson

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18 min
May 19, 2021Biden Administration Executive Order on Cybersecurity
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 information?
How will we achieve stronger cybersecurity within the government?
Why will contractors will need to have stronger oversight of their SW supply chain?
What will be the role of compliance?
What will be the role of internal audit?
Resources
Matt’s blog post on Radical Compliance:
Parsing Biden’s Cybersecurity Order

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28 min
May 12, 2021Elon Musk, Cryptocurrency and the SEC
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 compliance?
Resources
Matt’s blog post on Radical Compliance:
Bitcoin We Have a Problem

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22 min

About Compliance into the Weeds

From the publisher's feed

What happens when two compliance aficionados get together to talk all things compliance, risk management and ERM? You get Tom Fox, the Voice of Compliance and Matt Kelly, the Coolest Guy in…