Nov 21 2019 39 mins
SEC Chair Jay Clayton is reduced to having a PR firm create fake investor letters to support a SEC rule change. The Astros cheating scandal gets worse. As Tom worries MLB might take away his replica World Series Championship Trophy and Jay consoles him about when a team cheats and wins, they turn to some other of this week’s top compliance and ethics stories which caught their collective eyes.
1. Using the same defense as Hoskins, Boustani admits bribery and corruption in Mozambique Tuna Boat case. Will it work out any better for him? Law360.
2. SEC whistleblower tips go down for the first time. Kristen Broughton reports. Kevin LaCroix sees it otherwise.
3. Jay Clayton gins up fake written comments to support regulation change. Zachary Mider and Ben Elgin report.
4. Former Keppel Offshore lawyer sentenced to time served. Dick Cassin reports.
5. Why punishing the bribe takers is equally important as punishing the bribe payors? Matthew Stephenson explains it all.
6. Does an aggressive position in a Wells submission hurt a company in a SEC enforcement action? Lawyers from Simpson Thatcher explore.
7. What is ‘enforcement fatigue’ and how did Alstom overcome it? Dylan Tokar reports.
8. Dept. of Treasury bringing more sanctions cases against shipping companies. Kristin Broughton reports.
9. What will risk and compliance look like in 2020? David Banks considers.
10. How does M&A benefit from an independent assessment? Jay continues his series.
11. What are the implications of Gen Z on the front lines of compliance? Gaurov Kapoor explores.
12. Recent FCPA enforcement actions shows the SEC will use FCPA Accounting Provisions to hold a company liable for ineffective AML controls. Clay Porter.
13. Navex’s Loren Johnson joins the podcast to talk about Navex Global’s 2020 Benchmarking Survey. You can participate in Navex Global’s annual survey by clicking here.
Tom Fox is the Compliance Evangelist and can be reached at [email protected]. Jay Rosen is Mr. Monitor and can be reached at [email protected].
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