Episode 207 – the End of May edition

As May ends and June begins, Tom and Jay ask “will the next month be any different for you?” Self-distancing Tom and Jay are back to consider some of the top compliance articles and stories which caught their collective eye this week. 

1. Andrew Weissmann says DOJ needs dedicated compliance resource. Dylan Tokar reports in WSJ Risk and Compliance Journal.
2. What will the economic downturn mean for compliance departments and compliance budgets? Kristen Broughton reports in WSJ Risk and Compliance Journal.
3. How does WFH trigger new compliance concerns? Lloydette Mai-Barrow in the FCPA Blog.
4. Did OFAC create a giant compliance headache? Dick Cassin explores in the FCPA Blog.
5. What steps can you take to refresh your whistleblower system? Lawyers from Wachtell Lipton opine in NYU’s Compliance and Enforcement Blog.
6. When does cooperation become collusion? David Cross and Margaret Webb explore CCI.
7. Five ideas for compliance officers in the new normal. Robert Biskup explains in CCI.
8. Why is the Fraud Pentagon even more important in age of coronavirus? Jonathan Marks in Board and Fraud.
9. What does Blue Bell mean for executive liability? Michael Peregrine and David Rosenbloom in Harvard Law School Forum on Corporate Governace.
10. Interested in moving to the CCO chair? Check out my latest podcast series The Compliance Life where I interview one CCO type for a month on their journey to the CCO chair and beyond. In on this month’s edition I visit with Ellen Hunt, CCO at AARP. In this concluding Part 4, Hunt discusses what options are available to a CCO after leaving the CCO chair. Join me for the June series, which will feature Ryan Rabalais. The Compliance Life is now available on iTunes.
11. On Compliance and Coronavirus this week: Julie Myers Wood data privacy in the time of Covid-19; Melissa Koch on platformizing compliance during in this health crisis; Mary Ann Faremouth joins me to discuss what you can do if you are economically disolcated. Compliance and Coronavirus is available on iTunes here.
12. On the Compliance Podcast Network, this month topic: written standards; all on 31 Days to a More Effective Compliance Program. This week’s offerings: Tuesday-Enforcement actions featuring facilitation payments; Wednesday-Policies facilitation payments; Thursday- Policies for third parties;Friday- policies on extortion payments. Note 31 Days to a More Effective Compliance Program now has its own iTunes channel.

Tom Fox is the Compliance Evangelist and can be reached at tfox@tfoxlaw.com. Jay Rosen is Mr. Monitor and can be reached at jrosen@affiliatedmonitors.com.

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