FCPA Compliance Report

Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this episode, Tom Fox welcomes Jason Patel as they delve into the critical aspects of go-to-market security, market intelligence security, and customer privacy enforcement in today's digital world.

 They discuss the importance of protecting businesses and customers' experiences, leveraging data for security and marketing strategies, and ensuring compliance with privacy legislation like GDPR and CCPA. They highlight the services offered by Cheq.ai, a company specializing in go-to-market security, and stress the need for real-time compliance and a transparent approach involving various stakeholders. The conversation also explores the risks of relying solely on vendors for compliance and the impact of opt-in and opt-out strategies in data privacy. Looking ahead, they predict data privacy to be a leading issue, emphasizing the need for clear and explicit internet regulations to protect businesses and consumers.

 Key Highlights

·      Check: Go-to-Market Security and Customer Privacy Enforcement

·      Designing GDPR-compliant controls

·      Real-time compliance in data tracking

·      The Impact of Opt-In vs Opt-Out Strategies

·      The Future of Internet Regulations

Resources

Cheq.ai

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Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes Jonathan Wilson, lawyer and co-founder of the FinCEN Report Company, which will simplify filing beneficial ownership reports under the Corporate Transparency Act.

The Corporate Transparency Act is a bipartisan law passed in 2020 to combat corporate anonymity and money laundering in the US. The law requires companies to disclose personal information about individuals with ownership stakes or substantial control. The FinCEN Report Company offers an online filing engine for easy submission of reports. This new tool facilitates collaboration between attorneys and clients, ensuring authorized access to information. The Corporate Transparency Act aims to protect the integrity of the financial system and prevent illicit activities by creating a database accessible to banks and law enforcement. Although the law’s implementation has been delayed, businesses must prepare for initial beneficial ownership reports. The law is crucial in combating money laundering globally, aligning the US with Western Europe in anti-money laundering efforts,s and promoting international cooperation.

 Key Highlights:

·   The FinCEN Report: Simplifying Corporate Transparency

·   Corporate Transparency Act and Law Firm Collaboration

·   Corporate Transparency Act Implementation

·   Challenges of Identifying Beneficial Owners

·   The Corporate Transparency Act: Combating Money Laundering

Resources

Jonathan Wilson on LinkedIn

The FinCEN Report Company

Tom Fox

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Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom Fox welcomes back fan favorite Mike DeBernardis, partner at Hughes Hubbard Reed. We take a deep dive into the trial court ruling in the Coburn and Schwartz claim that the Cognizant internal investigation which identified them was run by the DOJ and should be tossed for the lack of federal criminal procedural protections.

A recent district court decision on an FCPA case has significant implications for future investigations. The trial court emphasized the importance of a fully developed record and provided guidance for companies conducting internal investigations while cooperating with the government. The episode emphasizes the need for independent investigations, the distinction between government-directed investigations and cooperation with the DOJ, and the timeline of events that shows the importance of self-disclosure by the company. It also discusses the significance of independent decision-making in corporate investigations and the importance of documenting investigations to build a strong record. The restrictions placed on employee interviews during investigations are also addressed, with a suggestion for clear guidelines and procedures to ensure fair and effective interviews. Overall, the episode highlights the practical implications of the court decision and sets a standard for future investigations in FCPA cases.

 Key Highlights

·      FCPA Pretrial Work

·      Importance of Independent Decision-Making

·      Importance of Documenting Investigations

·      Restrictions on Employee Interviews

·      Investigation world cases

Resources

Mike DeBernardis

Hughes Hubbard Reed

Court Opinion in US v. Coburn

Tom Fox

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Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom welcomes Ragini Bhalla, head of content and PR for Creditsafe, focusing on the North American region, and Steve Carpenter, Country Manager for Creditsafe in Canada. Their discussion centers around a new Canadian law designed to combat human trafficking forced labor, and child labor within supply chains. Throughout the conversation, they shed light on the practices of various multinational corporations, emphasizing the need for cohesive anti-slavery reporting and measures across different jurisdictions. It becomes evident that addressing these critical issues requires collaboration and comprehensive efforts from all parties involved.

A key to compliance with ethical sourcing and compliance with this new Canadian law is through a company’s Supply Chain. Companies must ensure their supply chains are free from forced labor and child labor, and Credit Safe provides services to help. The Canadian Forced Labor Law and the UK’s Modern Slavery Act are steps toward making companies accountable for their actions, but governments must also work with countries like India, Bangladesh, and China to create real change. Non-compliance can lead to fines, customer trust loss, and potential stock dips, and due diligence checks and audits are necessary for companies to protect the integrity of their supply chains. Ethical sourcing is a complex issue requiring collaboration between governments, companies, and experts.

 Creditsafe is in a unique position to assist companies comply with laws making illegal human trafficking, forced labor, and child labor. In this podcast, you will learn how to investigate your suppliers in a way that enhances your business operations. Once again, this demonstrates that effective compliance leads to more effective business processes, leading to greater profitability.

Key Highlights

·      Fighting Forced Labor

·      ESG Supply Chain Auditing

·      Canadian Compliance Law

·      Reputational Risk of Non-Compliance

·      Ethical Sourcing

Resources

Ragini Bhalla on LinkedIn

Steve Carpenter on LinkedIn

Creditsafe

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Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In this episode, Tom welcomes Peter Grossman, Co-Founder, Chief Strategist at Labyrinth Training, and Duane Stumpf, Global Head of Integrity and Compliance at Alcon.

Starting with a 70s-style rock and roll music number, Alcon Vision’s interactive, animated compliance training program, developed in conjunction with Labyrinth Training, has been recognized with high praise, receiving an Anthem Award and two Telly Awards. This program was created to make the company’s Lens Policy more memorable and engaging.

This podcast episode focuses on creating impactful campaigns and stresses the need for creativity, mission, and quality work. This episode features Tom Fox, Peter Grossman, and Duane Stumpf discussing how the program’s success effectively delivers important lessons in ways people will remember and enjoy. Through this episode, the trio offers great insight into developing meaningful campaigns that will have a lasting impact.

Key Highlights:

Resources:

Peter Grossman on LinkedIn

Labyrinth Training

Duane Stumpf on LinkedIn

THE LENS

CALL DR LOUIS

Tom Fox

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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this episode, Tom welcomes back the Lawyer to Podcasters-Gordon Firemark. 

With the increasing prevalence of AI and Chat GPT technologies in the podcasting world, legal implications must be addressed. Tom and Gordon discuss potential legal issues, such as AI accessing private information and Chat GPT generating false information. To further this discussion, Firemark will be presenting at Podcast Movement 2023 on the importance of protecting freedom of expression in the arts. It is essential for creatives to understand their rights and obligations, as well as the potential impact of AI and Chat GPT on their work, to ensure they are fairly compensated for their creative efforts. This podcast episode provides valuable insight into the changing dynamics of the podcasting world and the need for creatives to remain informed.

Key Highlights

·      AI and Chat GPT

·      AI and Copyright Issues

·      Fair Compensation for Creatives

·      Legal Issues in Art

Resources

Gordon Firemark on LinkedIn

Firemark Law Firm

Tom Fox

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Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. In the latest episode of FCPA Compliance Report, Maria D’Avanzo from Traliant returns to discuss the intersection of AI, ChatGPT, and compliance. The recent Federal Trade Commission investigation into OpenAI serves as a reminder of the importance of staying up to date on the latest developments in the field of AI technology and the potential implications of such developments. With AI and Chat GPT being powerful tools that can automate processes and generate content, organizations must implement AI Policies and Training to ensure these technologies’ safe and responsible use. AI Compliance Training is necessary to educate employees on the risks posed by AI technology and to guarantee that their compliance program is robust and effective. Organizations must create a comprehensive policy and provide ongoing training to ensure AI’s safe and responsible use.

Key Highlights:

Resources:

Maria D’Avanzo on LinkedIn

Traliant

Tom Fox

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Welcome to the award-winning FCPA Compliance Report, the longest-running podcast in compliance. Tom welcomes Miranda Zolot, General Counsel at Oyster HR in this episode. They discussed the distributed workforce and how Oyster can help businesses find the talent they need compliant and cost-effectively.

Beginning with the captivating detail that Oyster is a fully distributed company with no offices and almost 600 internal employees who all work from home or their personal co-working spaces, they discussed the concept of a distributed workforce and how businesses find the talent they need in a compliant and cost-effective way. Their discussion included the challenges of managing an outsourced workforce and the current model of distributed workforces that allows companies to find the right workers for their particular job.

Oyster's mission is to bring meaningful work to people in different geographies, and the website offers resources for both people looking for remote work and companies looking to hire remotely. Oyster Academy offers remote best practices and helps people present themselves to the market as ready for remote work, and the company also offers a misclassification analyzer, salary information, country guides, and open policies and handbooks. Finally, Tom and Miranda discussed how to counsel a company on conveying culture and expectations to a worker across the globe. 

Key Highlights

·      Remote Work Solutions

·      Cross-Border Hiring

·      Distributed Workforce

·      Creating a Distributed Culture

·      Hiring Internationally

Resources

Miranda Zolot on LinkedIn

Oyster HR

Tom Fox

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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this episode, Tom welcomes Jen Hoar, a corporate intelligence specialist to the podcast to discuss the use of corporate intelligence as a part of a risk management strategy, this podcast episode explored the importance of conducting thorough background checks on potential executives. Tom and Jen discussed the need to ask questions to gain a better understanding of the person's style and how they interact with their team, peers, board, and investors. They also discussed the importance of disclosure and anonymity when conducting such inquiries, as well as the need to conduct independent third-party vetting of an individual's reputation before investing in them. Finally, they discussed the use of corporate intelligence to shape a client's relationship with an executive and the need to assess the potential risks of hiring an executive before becoming emotionally, financially, and reputationally invested in the deal. 

Key Highlights

·      Executive Risk 

·      Investigating Executives

·      People Show Who They Are

·      Reputation Checking

·      Corporate Intelligence

Resources

Jen Hoar on LinkedIn

Forward Risk

Tom Fox

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