FCPA Compliance Report Thomas Fox

Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this edition of the FCPA Compliance Report, Tom Fox welcomes Bob Tarun and Peter Tomczak from Baker & McKenzie in Part 1 of a two-part podcast series to discuss the latest edition of their book, The Foreign Corrupt Practices Act Handbook.

The conversation covers their professional backgrounds, motivations for updating the book, and significant changes in FCPA enforcement and compliance practices. Bob and Peter provide detailed insights into their writing process and some of the key defenses for FCPA investigations. Key trends in international anti-bribery and corruption enforcement, the evolving role of corporate compliance programs, and strategies for dealing with DOJ expectations are also addressed. The episode concludes with discussions on future prognostications for FCPA enforcement and how listeners can connect with the authors.

Highlights in this Episode

Meet the Authors: Bob Tarun and Peter Tomczak

Updating the FCPA Handbook: New Challenges and Insights

Key Chapters and Practical Advice in the FCPA Handbook

DOJ Policies and Corporate Compliance

For the Board: The Pitch Count Policy Caremark Duties

Defending FCPA Investigations: Strategies and Trials

International Anti-Bribery and Corruption Trends



 
Resources:
Foreign Corrupt Practices Act Handbook
Bob Tarun
Email: RobertWTarun@gmail.com
Phone: 312-714-0225
Peter Tomczak
LinkedIn
Baker & McKenzie
Tom Fox
Instagram
Facebook
YouTube
Twitter
LinkedIn
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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this edition of the FCPA Compliance Report, Tom Fox welcomes back Erica Salmon Byrne to discuss the recently released Ethisphere 2024 Ethical Culture Report: Closing the Speak Up Gap.
They explore the genesis and findings of the report, focusing on the eight pillars of ethical culture and significant insights derived from data collected since 2020. Key topics include the importance of equipping managers to handle employee concerns, generational and tenure-based discrepancies in reporting misconduct, and the persistent issues of retaliation and employee dissatisfaction with the current reporting mechanisms. Additionally, Erica shares practical strategies for compliance teams to address these challenges and enhance their ethical culture.

Highlights in this Episode

Genesis of the 2024 Ethical Culture Report

The Eight Pillars of Ethical Culture

Key Insights: Closing the Speak Up Gap

The Role of Managers in Compliance

The Tenure Smile: Willingness to Speak Up

Strategies for Improving Reporting

Ethisphere’s Future Plans and Masterclass


 
Resources:

Erica Salmon Bryne on LinkedIn
2024 Ethical Culture Report: Closing the Speak Up Gap

Tom Fox
Instagram
Facebook
YouTube
Twitter
LinkedIn

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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this edition of the FCPA Compliance Report, Tom Fox welcome Jonathan Armstrong to discuss the seismic shift in the UK’s political landscape following the election last week.
The election was literally one for the ages. It led to a significant Labor victory over the Conservatives. They delve into the implications for compliance and governance in both the UK and globally. Topics include the new government’s proactive approach, anticipated shifts in bribery enforcement, and fiscal policies.
They also explore potential changes in AI regulation, employment law, data protection, and international relations, especially concerning Russia and China. The conversation highlights Labor’s balanced strategy, aiming for sensible, centrist policies while addressing key issues like corruption, AI, and data privacy.
Highlights in this Episode:

An election result for the ages

Impact on Bribery and Corruption Enforcement

Trade Sanctions, Russian Oligarch’s and Forced Labor

AI and Beyond

Data Privacy and Data Protection

Labor and Employment Rights


 Resources:

Jonathan Armstrong on LinkedIn
UK General Election 2024 – What Might This Mean for Compliance?

Tom Fox

Instagram
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YouTube
Twitter
LinkedIn


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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance.
In this edition of the FCPA Compliance Report, Tom Fox welcomes back Adrienne Bellehumeur, a chartered accountant and expert in internal controls and documentation.
Adrienne discusses her recent article on design-centric internal control and emphasizes the importance of focusing on design as the foundation for effective control programs. She outlines five key principles for improving control design and details her approach to challenging processes and governance systems. The conversation also touches on the necessity of continuously updating controls to adapt to evolving business and regulatory environments.
Adrienne shares tips on fostering better design through workshops, effective interviewing, and continuous improvement, while also addressing new developments such as AI and ESG. The episode finishes with insights into how internal controls can support whistleblower programs and the importance of back-to-basics documentation and information management.
Highlights in this Episode:

Professional Background

Design-Centric Approach to Internal Controls

Challenges and Importance of Good Design

Principles for Improving Control Design

Back to Basics: Adapting to New Business Developments

Whistleblower Programs and Internal Controls


 Resources:
Adrienne Bellehumeur on LinkedIn
Risk Oversight
New Approaches to Control Design
Tom Fox
Instagram
Facebook
YouTube
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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance. In this edition of the FCPA Compliance Report,  I have a take a deep dive into the Prevalent 2024 Third Party Risk Management Report with Brad Hibbert, the Chief Strategy Officer and COO at Prevalent.
Hibbert drives Prevalent’s product vision and strategy development, which draws from the Third Party Risk Management Report. The Prevalent Report outlines  the complexities of managing third-party vendor relationships, highlighting the various phases involved such as onboarding, contracting, and offboarding. It examines the inefficiencies and risks that arise from fragmented processes and technologies handled by different teams. Our conversation explores how these challenges impact risk visibility and resource management, emphasizing the downstream effects on program scalability and decision-making.
Highlights in this Episode
·       Introduction to Vendor Relationship Phases
·       Challenges in Managing Vendor Relationships
·       Inefficiencies and Risks in Vendor Management
·       Impact on Risk Visibility and Decision Making
·       Pressure on Teams and Resource Implications
Resources 
Brad Hibbert on LinkedIn
Prevalent
Prevalent’s 2024 Third Party Risk Management Report
 Tom Fox
Instagram
Facebook
YouTube
Twitter
LinkedIn
 
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Welcome to the award-winning FCPA Compliance Report, the longest running podcast in compliance.
In this edition of the FCPA Compliance Report, Tom Fox has a fascinating visit with Iveta (Evie) Wentink, a 15-year compliance veteran. Evie has worked in the public and private sectors and has expertise in compliance training, hotlines, government contract compliance, data privacy, reporting, & due diligence.
Evie has one of the most unique opening lines for hotline training, which is ‘Do You Know Your Hotline Number?” This simple yet incredibly important question encapsulates Evie’s approach to compliance training: make it simple, direct, and practical for the listeners. (Or, as Carsten Tams would say, ‘It’s all about the UX’).
Our conversation focuses on the critical role of hotline numbers in corporate compliance programs, emphasizing the need for employees to know and trust the hotline. Evie shares insights from her career, highlights the significance of marketing compliance hotlines effectively, and discusses the broader culture of compliance and non-retaliation in organizations. She shares practical tips for improving hotline awareness and usage, making this episode a valuable resource for compliance professionals and organizations alike.

Highlights in this Episode:

Enhancing Trust through Active Compliance Reporting

Promoting Reporting Culture Through Creative Marketing

Ethical Culture: Encouraging Compliance Reporting Safely

Enhancing Compliance Programs Through Anonymous Hotlines


Resources
Evie Wentink on LinkedIn
Evie’s Top 10 Compliance Back to Basics
Tom Fox
Instagram
Facebook
YouTube
Twitter
LinkedIn
 
For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.
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