FCPA Compliance Report

Popcorn and Compliance: Mary Poppins Returns


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In this new podcast series, recovering screenwriter (and Mr. Monitor) Jay Rosen and myself will indulge in passion for the movies by looking at them through the lens of compliance. Jay is a contemporary movie fan and I am more of a classic movie maven so we present a well-rounded view of the movie fandom. So if you want to indulge in your love for the movies with two guys who are passionate about Hollywood and get some ideas for your compliance program, this is the podcast series for you. Today we look at the classic favorite, Mary Poppins Returns. Some of the highlights include:  Ø  Can you successfully remake a beloved classic?Ø How do eggs come into play in Hollywood and beyond?Ø Where is Dick Van Dyke when you need him?Ø Does the cinematography still work some 50 years after the original? Ø Why you need to watch the original Mary Poppins before seeing Mary Poppins Returns. Ø  Jay feels that while Mary Poppins Returns had the support and investment of the Walt Disney Company and it faithfully tried to recreate the original, the artistic returns fall short of the sum of its parts. The Compliance takeaways:1.    Document Document Document-the parable from the share certificates to save the house on Cherry Tree Lane.2.    Change in corporate culture needed-Mr. Dawes Jr. (Dick Van Dyke) fired Bank President William Wilkins.3.    Tone at the Top-As bank President, William Wilkins had taken the bank far afield from its mission and core values.4.    If you lack the passion, you may fail.  5.    You cannot simply follow the road map, but you must design your compliance program to be fresh, as you are taking this journey for the first time.  Not that you must re-invent the wheel, but you need to keep your colleagues and employees engaged on their journey.

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FCPA Compliance ReportBy Thomas Fox

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