Podcasts about uk serious fraud office

Hello, and welcome to episode 154 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. This week's edition looks at global developments in financial crime enforcement, sanctions, and regulatory updates. We explore the Yemen International Bank's response to US sanctions, new measures targeting Iranian LPG facilitators, and adjustments to UK sanctions on Syria. Additionally, we look at the evolving landscape of anti-money laundering compliance, including responses from the American Bankers Association and the Institute of International Finance to the FATF's proposed reforms. Fraud remains a critical concern, with fresh insights into identity fraud risks, SEC actions against crypto-related schemes, and new legislative moves tackling cybercrime and financial fraud in the UK. We also highlight the latest trends in bribery, corruption, and market abuse—including China's crackdown on a senior anti-corruption official, Germany's financial sector enforcement, and the UK Serious Fraud Office's new self-reporting framework. Finally, we assess cybersecurity risks, legislative shifts on SIM farms, and broader regulatory efforts aimed at reinforcing financial integrity worldwide. A transcript of this podcast, with links to the stories, will be available by Monday at www.crimes.financial.

Ella Al-Shamahi talks to women from Egypt and the US about their work detecting fraud, bribery and corruption for multi-national corporations and law enforcement.Yousr Khalil is from Egypt, after 20 years working in the United States she now heads the Paris Office of Forensic Risk Alliance, a company specialising in in complex, cross-border forensic investigations, regulatory compliance matters and disputes. She was part of the team investigating the aerospace giant Airbus after it admitted paying bribes via middlemen.US lawyer Judy Krieg has worked both in government and for private businesses. She was a joint head of fraud, bribery, and corruption at the UK Serious Fraud Office. Judy has also been an enforcement lawyer at the UK Financial Services Authority (now the Financial Conduct Authority) handling criminal and regulatory matters. She's worked at Rolls Royce and Microsoft is now at law firm, DLA Piper representing corporations and individuals in white collar matters, including government and internal investigations, financial crime, compliance, and cyber issues.Produced by Jane Thurlow(Image: (L) Yousr Khalil credit Bénédicte Verley. (R) Judy Krieg credit DLA Piper.)

Hello, and welcome to episode 123 of the Financial Crime Weekly Podcast, I'm Chris Kirkbride. On sanctions this week, the US has made a host of additional designations against Russian individuals and entities. On corruption, there is more out of China and its fight against corruption at all levels of society, and a Report from GRECO on Italy. The money laundering news comes from the US, and also from Nigeria, where the government has made assurances on its strategy for exiting the FATF ‘Grey List'. The fraud news from the UK concerns Covid-19 fraudsters and there is a report from New Zealand concerning reductions in headcount at the Serious Fraud Office. In other financial crime news, a research paper on the future of the UK Serious Fraud Office, and we end with cyber-attack news respecting transportation portals.A transcript of this podcast is available at www.crimes.financial, with links to the stories.

In 2023, the FCA brought more charges for fraud offences against individuals than any other year in the regulator's history, and secured several convictions related to fraudulent investment schemes. Yet while the FCA has signaled that economic crime is on its radar, recent years have been defined by relative inactivity, as the higher burden of proof for criminal convictions has resulted in fewer opened enforcement cases and extended investigations. Still, with new leadership appointments to the market oversight team and a Memorandum of Understanding (MoU) with the UK Serious Fraud Office, individuals will look for the coming year to reveal if the FCA has become a more assertive regulator. In this episode of Connected with Latham, the latest in a 10-part series complementing Latham's “10 Key Focus Areas for UK-Regulated Financial Services Firms in 2024” report, London partners Rob Moulton and Pamela Reddy discuss why the FCA seems poised to act more collaboratively – and assertively – on enforcement against individuals going forward. They examine the regulator's recent activity in criminal enforcement, why past investigations have been difficult to close, the potential impact of new leadership, and possible collaborations with other enforcement agencies.   This podcast is provided as a service of Latham & Watkins LLP. Listening to this podcast does not create an attorney client relationship between you and Latham & Watkins LLP, and you should not send confidential information to Latham & Watkins LLP. While we make every effort to assure that the content of this podcast is accurate, comprehensive, and current, we do not warrant or guarantee any of those things and you may not rely on this podcast as a substitute for legal research and/or consulting a qualified attorney. Listening to this podcast is not a substitute for engaging a lawyer to advise on your individual needs. Should you require legal advice on the issues covered in this podcast, please consult a qualified attorney. Under New York's Code of Professional Responsibility, portions of this communication contain attorney advertising. Prior results do not guarantee a similar outcome. Results depend upon a variety of factors unique to each representation. Please direct all inquiries regarding the conduct of Latham and Watkins attorneys under New York's Disciplinary Rules to Latham & Watkins LLP, 1271 Avenue of the Americas, New York, NY 10020, Phone: 1.212.906.1200

Hello, and welcome to episode 53 of the Financial Crime Weekly Podcast, I'm your host, Chris Kirkbride. It's been another bumper week for financial crime this week, so my hopes that there would be an ease down in work were short-lived. Lots of news on everything, except for sanctions, with a round-up of cyber-attack news at the end. These are the links to the principal documents mentioned in the podcast: BBC, ChatGPT: Mayor starts legal bid over false bribery claim.Clyde & Co, Directors' and Officers' Liability Survey 2023.European Central Bank, Money laundering must be tackled at European level.European Data Protection Board, EDPB adopted letter to EU institutions on data sharing for AML/CFT purposes (press release).European Data Protection Board, EDPB letter to the European Parliament, the Council, and the European Commission on data sharing for AML-CFT purposes in light of the Council's mandate for negotiations.Gambling Commission, Gambling business TGP Europe fined £316,250 (press release).Gambling Commission, Notice of Regulatory Sanction (TGP Europe Limited).National Cyber Security Centre, 3CX DesktopApp security issue.National Cyber Security Centre, Free Cyber Action Plan.National Cyber Security Centre, Check your cyber security.UK Financial Conduct Authority, FCA and ASA team up with Sharon Gaffka to warn fin-fluencers of risks of promoting illegal ‘get rich quick' schemes (press release).UK Financial Conduct Authority, FCA and ASA team up to warn finfluencers of risks of promoting illegal ‘get rich quick' schemes (infographic).UK Financial Conduct Authority, Business Plan 2023/24.UK Financial Conduct Authority, Three individuals convicted and sentenced to a combined 24 and a half years for 'all-or-nothing' investment fraud.UK Food Standards Agency, CEO Statement on meat fraud investigation.UK Food Standards Agency, Chief Executive's message to stakeholders – Our meat fraud investigation.UK Ministry of Justice, Scammers using Ministry of Justice telephone numbers.UK Ministry of Justice, Fraud and scams (Legacy link).UK National Crime Agency, Money laundering couple caught smuggling criminal cash during lockdown.UK Office of Financial Sanctions Implementation, Financial sanctions, Cyber.UK Office of Financial Sanctions Implementation, Financial sanctions, Russia.UK Serious Fraud Office, SFO secures sentences totalling over 13 years for executives behind $500m bank fraud.US Department of Justice, Boston Man Convicted of Money Laundering Conspiracy.US Department of Justice, Former Start-Up CEO Charged In $175 Million Fraud.US Department of Justice, Man Pleads Guilty to $3.1M Medicare Fraud Scheme.US Department of Justice, Texas Laboratory Agrees to Pay $5.9 Million to Settle Allegations of Kickbacks to Third Party Marketers and Unnecessary Drug Tests.US Department of the Treasury's Office of Foreign Assets Control, Treasury Sanctions Facilitator for Attempted Arms Deals Between North Korea and Russia.

On today's 2023 preview podcast, our London-based financial-crime reporter, Martin Coyle, walks us through some of the legislative and enforcement changes that lie ahead, both in the UK and internationally. And top of the agenda: the departure of the UK Serious Fraud Office head, Lisa Osofsky, whose tenure had become mired in controversy.

Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows. In 2021, Everything Compliance was honored by W3 as a top talk show in podcasting. In this episode, we have the quintet of Jonathan Marks, Karen Woody, Jonathan Armstrong, Tom Fox and Matt Kelly. In this episode, we take up the Glencore FCPA settlement. We conclude with our fan favorite Shout Outs and Rants. 1. Karen Woody takes a deep dive into the history of Glencore, from its founding by Marc Rich in the 1980s through the allegations of bribery, corruption and market manipulation which led to the FCPA and CFTC settlements.  Woody shouts out the US National and state parks systems which provide much needed green spaces for Americans.  2. Matt Kelly takes a deep dive into CCO certification issue and what it might mean for individual CCO criminal liability going forward.  Kelly has a dula shout out and rant. He shouts out to the Boston Celtics for having the greatest NBA Finals-Game 1 comeback to win the game. He rants about the DOJ failing to post the speech by AAG Kenneth Polite where he announced the new requirement for CCO certification.  3. Jonathan Marks explores the role of internal audit in contributing to the compliance failures and what IA can do to facilitate a culture change at the company. Marks also has a dual shout out and rant. He shouts out to the Philadelphia Phillies for firing manager Joe Girardi and rants about Glencore's Press Release about their updated compliance which he rants “says nothing”.  4. Tom Fox considers the dual monitor aspect of the resolution and the requirements of the monitorships. Fox reads out the names of the students and teachers who were killed in the recent massacre in Uvalde,  TX.  5. Jonathan Armstrong explores the settlement from the UK perspective and considers, what if any charges against individuals that the UK-Serious Fraud Office might bring. Armstrong shouts out to the Queen's Platinum Jubilee and Sir Andy Murray for speaking out against the murder of school children. Murray is a survivor of a similar event in Scotland. The members of the Everything Compliance are: •       Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com •       Karen Woody – One of the top academic experts on the SEC. Woody can be reached at kwoody@wlu.edu •       Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com •       Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com •       Jonathan Marks is Partner, Firm Practice Leader - Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at jonathan.marks@bakertilly.com The host and producer, ranter (and sometime panelist) of Everything Compliance is Tom Fox the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Diversified mining and marketing company Glencore on Wednesday announced the settlement of most of its bribery and market manipulation investigations. This follows almost four years of investigations and a serious environmental, social and governance (ESG) overhang over the group, Total fines, forfeiture and disgorgement of $1.060-billion will be paid to US and Brazilian authorities and a further, yet to be determined penalty, from the UK Serious Fraud Office will be imposed on June 21, Glencore states in a release to Mining Weekly. The total is not expected to be more than the $1.5-billion in provisions taken in the 2021 financial results of the London- and Johannesburg-listed company headed by CEO Gary Nagle. There remains an ongoing investigation by the Swiss authorities for failure to have organisational measures in place to prevent corruption and a similar investigation ongoing from Dutch authorities. These investigations are not included in the provision and remain outstanding. To settle with the US Department of Justice, the group has pleaded guilty to one count of conspiracy to violate the US Foreign Corrupt Practices Act related to past actions in overseas jurisdictions and pleaded guilty to one count of market manipulation in the US fuel oil markets. Glencore has also settled related civil violations of the Commodity Exchange Act and CFTC regulations. Finally, it has settled with Brazilian authorities for its part in the Petrobras “Operation Car Wash scandal”. An independent compliance monitor will be put in place for three years to assess Glencore's compliance with the agreements and to evaluate the effectiveness of its internal controls. Glencore has also released a presentation on its ethics and compliance programme outlining the changes to business practices that have now been in place since prior to the investigation, changes to management and its compliance and system procedures which have been increased significantly since 2016. As a public company, and especially with new management at the CEO level and at each of the divisions, Glencore is of the view that it has already moved on from its past. It states in the release that it will continue to operate in challenging jurisdictions, where risks from various legal regimes will remain, but adds that the lessons learnt from this, both from a monetary perspective but more so from the ESG implications the company has faced for the last few years, are not likely to be soon forgotten by management. It points out that its trading business is now much more reliant on its own infrastructure and long-term partnerships for profitability than it was ten years ago. It thinks this, and a wider cultural shift around marketing's place within a public company, makes the risks around new fines or investigations low. The total amount of $1.06-billion could mean that the final cost comes in less than $1.5-billion provisioned. “We also think that the market's reaction to the provision at the full year results moderates the impact of today's news. This said, today should remove most lingering concerns and take off the table any worries around any material impact to the ongoing business/forced divestments and or any criminal sentences. Therefore we view today's release as a positive,” the company states.

Jonathan Armstrong returns from assignment to take on a potpourri of issues with co-host Tom Fox. We use the recent speech by Deputy Attorney General Lisa Monaco as a jumping off point to discuss how this change in DOJ enforcement policy and focus will be impacted by GDPR, the new EU Whistleblower Directive and how increased international cooperation around international anti-corruption compliance may play out. Some of the issues we consider include: Data protection issues under the new DOJ FCPA enforcement policy? Monitorships outside the US. Data privacy and investigations. Class actions in the UK going forward. Increased cooperation between the DOJ/SEC and the UK Serious Fraud Office. Resources Check out the Cordery Compliance, client alert on this topic, click here. For more information on Cordery Compliance, go their website here. Also check out the GDPR Navigator, one of the top resources for GDPR Compliance by clicking here. Learn more about your ad choices. Visit megaphone.fm/adchoices

Smoke Screen. Love, bribes, lies and spies in the tobacco industry.Victoria Hollingsworth tells the true story of corrupt practices behind the scenes at British American Tobacco. We hear from the very people who were caught up in this world as we sink deep into the dirty underbelly of the tobacco industry in South Africa. BAT say their actions were simply to combat the illicit trade in tobacco products. The UK Serious Fraud Office investigated matters and found there was insufficient evidence for any prosecution.Our investigation tries to find the truth behind the lies. A partnership between The Bureau of Investigative Journalism and Auddy. See acast.com/privacy for privacy and opt-out information.

Welcome to the only roundtable podcast in compliance. Today, we have the quartet of Jonathan Armstrong, Jay Rosen, Matt Kelly and Mike Volkov for a deep dive into four key areas of enforcement and what they might look like under a Trump or Biden Administration. We end with a veritable mélange of rants and shouts outs.     Jonathan Armstrong looks at the fraying relationship between the UK Serious Fraud Office and US Department of Justice and where it may be heading. Armstrong rants requesting a return to British standards of decency. Jay Rosen looks at the transparency of the DOJ around its views on compliance programs and asks if it will continue. Jay rants the illegal GOP voter drop boxes in California. Matt Kelly considers the trends in FCPA enforcement and how they might continue in the next administration. Matt shouts internal auditors who have been murdered in Liberia. Mike Volkov considers how antitrust enforcement might move forward under a Trump or Biden Administration. Volkov shouts out to and for early voting. Tom Fox shouts out to his fellow residents of Harris County who smashed the 3-day early voting recording by casting 100,000 votes each of the first three days.  The members of the Everything Compliance are: Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com Mike Volkov – One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com Jonathan Marks is Partner, Firm Practice Leader - Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at marks@bakertilly.com The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the Compliance Podcast Network. Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the only roundtable podcast in compliance. Today, we have a serving of Jonathan Armstrong, Jay Rosen, Matt Kelly, and Tom Fox sitting with a veritable mélange of topics and rants/shouts outs.     Jonathan Armstrong critiques recently released information on the good ship, UK Serious Fraud Office. He shouts out to UK footballer Markus Rash about his campaign to end child. Jay Rosen considers what compliance issues arise in working from home. He rants that the Trump Administration needs to free Dr. Fauci. Matt Kelly considers the US Supreme Court decision in Bostock and what it means for compliance professionals. He shouts out to the new CEO of Wirecard, named 24 hours after taking over the CCO chair at the embattled company. Tom Fox looks at corporate compliance through the lens of characters from the Hundred Acre Wood. He shouts out to Texas Governor Gregg Abbot as winner of the Covidiot Award, Texas division.  The members of the Everything Compliance are: Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com Mike Volkov – One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com Matt Kelly – Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com Jonathan Armstrong –is our UK colleague, who is an experienced data privacy/data protection lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.com Jonathan Marks is Partner, Firm Practice Leader - Global Forensic, Compliance & Integrity Services at Baker Tilly. Marks can be reached at marks@bakertilly.com The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network. He can be reached at tfox@tfoxlaw.com Learn more about your ad choices. Visit megaphone.fm/adchoices

In this episode I visit with Benjamin Britz, a partner at Hughes Hubbard & Reed. We review the current state of the Varsity Blues prosecutions, including the guilty pleas and those still maintaining their innocence. We consider the evidence presented and where the case may be heading. Britz advises clients on all aspects of corporate governance including government investigations, shareholder class action and derivative litigation, and corporate compliance matters. He has represented clients before all manner of domestic and international enforcement agencies, including the Department of Justice, Securities and Exchange Commission, UK Serious Fraud Office and the enforcement offices of the World Bank, Asian Development Bank and African Development Bank, among others. His practice particularly focuses on anti-corruption compliance, securities enforcement, and accounting and procurement fraud matters. He has performed internal investigations and due diligence exercises around the globe and across an array of different industries. Some of the highlights include: What is the current state of prosecutions? What evidence has been presented? Might there be ancillary issues involved? What will be the fallout for the cooperating witnesses? Is money laundering a viable prosecution strategy? Will the IRS become involved? Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the Great Women in Compliance Podcast, co-hosted by Lisa Fine and Mary Shirley. For some compliance professionals, sometimes the only constant is change. Today, Lisa speaks with Barbara Petitti, Ethics & Compliance Officer, Policy Enforcement and Investigations at Alstom. Barbara started in compliance through a role in Human Resources with a defense contractor and joined Alstom, a French transportation company, seven years ago.  When Barbara started at Alstom, they were in the midst of addressing serious corruption issues which included investigations with the World Bank, the U.S. Department of Justice and the UK Serious Fraud Office. During this time several executives were indicted by the DOJ and ultimately Alstom paid a $772m criminal penalty to the US Department of Justice. That was the start of her story. Since Barbara started at Alstom. Her role evolved, and she addressed changes. Here are a few: Having seven bosses in six years; Acting as North American Compliance Officer for three entities; Traveling globally 30-40% of the time to lead global initiatives; and Supporting Alstom when there were 100,000 employees as well as with 35,000 employees. Join the Great Women in Compliance community on LinkedIn here.

Welcome to the only roundtable podcast in compliance. This episode is the conclusion of a special two-part episode. Today, in Episode 43 Jonathan Armstrong and Matt Kelly weigh in on issues that are on their collective minds. Last week, in Episode 42 Mike Volkov and Jay Rosen sounded off. Shout outs (and no rants) followed Part 1 in Episode 42.  This week, Jonathan Armstrong discusses the UK Serious Fraud Office’s conclusion of its investigation into the individuals at Rolls Royce and GSK.This week, Matt Kelly considers the continued taunting tweets from Elon Musk, the SEC’s request for a federal court to hold Musk in contempt from his prior SEC settlement over the ‘funding secured’ tweet and what all this may mean for the SEC going forward.Last week Mike Volkov used the Cohen testimony to the House Oversight Committee to explain the process of Congressional oversight, including how a company or witness is called to testify, the testimony preparation process and the testimony process.Last week, Jay Rosen talked about the DOJ focus on new industries for FCPA investigations including Major League Baseball teams and universities and colleges.The members of the Everything Compliance panelist are:Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.comMike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.Matt Kelly– Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.comJonathan Armstrong– Rounding out the panel is our UK colleague, who is an experienced lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.comThe host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network. For additional reading see: Cordery Compliance client alert Rolls Royce Case Sends a Strong Signal Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the only roundtable podcast in compliance. This episode is the conclusion of a special two-part episode. Today, in Episode 43 Jonathan Armstrong and Matt Kelly weigh in on issues that are on their collective minds. Last week, in Episode 42 Mike Volkov and Jay Rosen sounded off. Shout outs (and no rants) followed Part 1 in Episode 42. This week, Jonathan Armstrong discusses the UK Serious Fraud Office’s conclusion of its investigation into the individuals at Rolls Royce and GSK.This week, Matt Kelly considers the continued taunting tweets from Elon Musk, the SEC’s request for a federal court to hold Musk in contempt from his prior SEC settlement over the ‘funding secured’ tweet and what all this may mean for the SEC going forward.Last week Mike Volkov used the Cohen testimony to the House Oversight Committee to explain the process of Congressional oversight, including how a company or witness is called to testify, the testimony preparation process and the testimony process.Last week, Jay Rosen talked about the DOJ focus on new industries for FCPA investigations including Major League Baseball teams and universities and colleges.The members of the Everything Compliance panelist are:Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.comMike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.Matt Kelly– Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.comJonathan Armstrong– Rounding out the panel is our UK colleague, who is an experienced lawyer with Cordery in London. Armstrong can be reached at armstrong@corderycompliance.comThe host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network. For additional reading see: Cordery Compliance client alert Rolls Royce Case Sends a Strong Signal Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the only roundtable podcast in compliance. This episode is Part 1 of a special two-part episode. Today, in Episode 42 Mike Volkov and Jay Rosen sound off. Next week, in Episode 43 Jonathan Armstrong and Matt Kelly weigh in on issues that are on their collective minds. Shout outs (and no rants) follow this episode only after the commentators say their peace.   1. Mike Volkov uses the Cohen testimony to the House Oversight Committee to explain the process of Congressional oversight, including how a company or witness is called to testify, the testimony preparation process and the testimony process. Volkov then flips it around to evaluation the questioning and interrogation style of the Representatives. Volkov gives his first ‘in-anticipation’ shout out to OFAC who is coming out with its recommendations on a best practices compliance program.  2. Jay Rosen talks about the DOJ focus on new industries for FCPA investigations including Major League Baseball teams and universities and colleges. Jay shouts out to the podcast “The Dropout” which tells the tale of disgraced and fallen Theranos founder, Elizabeth Holmes.  3. Next week Jonathan Armstrong will discuss the UK Serious Fraud Office’s conclusion of its investigation into the individuals at Rolls Royce and GSK.  Jonathan shouts out  to the Dutch anti-corruption investigators and enforcers who have recently increased not only their collective vigilance but their investigations and prosecutions.   4. Next week, Matt Kelly will consider the continued taunting tweets from Elon Musk, the SEC’s request for a federal court to hold Musk in contempt from his prior SEC settlement over the ‘funding secured’ tweet and what all this may mean for the SEC going forward. Matt shouts out to Lyft and Uber who are offering list price stock to a select group of long-time employees in their respective IPO debuts.   The members of the Everything Compliance panelist are:•       Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com•       Mike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.•       Matt Kelly– Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com•       Jonathan Armstrong– Rounding out the panel is our UK colleague, who is an experienced lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network.  For additional reading see: David Chaikin and Kurt Wolfe’s article in Law360, entitled, “Potential New FCPA Enforcement Targets Come Into Focus”.  Check out the podcast from Jay’s shout out, The Drop Out.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Welcome to the only roundtable podcast in compliance. This episode is Part 1 of a special two-part episode. Today, in Episode 42 Mike Volkov and Jay Rosen sound off. Next week, in Episode 43 Jonathan Armstrong and Matt Kelly weigh in on issues that are on their collective minds. Shout outs (and no rants) follow this episode only after the commentators say their peace.   1. Mike Volkov uses the Cohen testimony to the House Oversight Committee to explain the process of Congressional oversight, including how a company or witness is called to testify, the testimony preparation process and the testimony process. Volkov then flips it around to evaluation the questioning and interrogation style of the Representatives. Volkov gives his first ‘in-anticipation’ shout out to OFAC who is coming out with its recommendations on a best practices compliance program.  2. Jay Rosen talks about the DOJ focus on new industries for FCPA investigations including Major League Baseball teams and universities and colleges. Jay shouts out to the podcast “The Dropout” which tells the tale of disgraced and fallen Theranos founder, Elizabeth Holmes.  3. Next week Jonathan Armstrong will discuss the UK Serious Fraud Office’s conclusion of its investigation into the individuals at Rolls Royce and GSK.  Jonathan shouts out  to the Dutch anti-corruption investigators and enforcers who have recently increased not only their collective vigilance but their investigations and prosecutions.   4. Next week, Matt Kelly will consider the continued taunting tweets from Elon Musk, the SEC’s request for a federal court to hold Musk in contempt from his prior SEC settlement over the ‘funding secured’ tweet and what all this may mean for the SEC going forward. Matt shouts out to Lyft and Uber who are offering list price stock to a select group of long-time employees in their respective IPO debuts.   The members of the Everything Compliance panelist are:•       Jay Rosen– Jay is Vice President, Business Development Corporate Monitoring at Affiliated Monitors. Rosen can be reached at JRosen@affiliatedmonitors.com•       Mike Volkov– One of the top FCPA commentators and practitioners around and the Chief Executive Officer of The Volkov Law Group, LLC. Volkov can be reached at mvolkov@volkovlawgroup.com.•       Matt Kelly– Founder and CEO of Radical Compliance. Kelly can be reached at mkelly@radicalcompliance.com•       Jonathan Armstrong– Rounding out the panel is our UK colleague, who is an experienced lawyer with Cordery in London. Armstrong can be reached at jonathan.armstrong@corderycompliance.com The host and producer (and sometime panelist) of Everything Compliance is Tom Fox the Compliance Evangelist. Everything Compliance is a part of the Compliance Podcast Network.  For additional reading see: David Chaikin and Kurt Wolfe’s article in Law360, entitled, “Potential New FCPA Enforcement Targets Come Into Focus”.  Check out the podcast from Jay’s shout out, The Drop Out.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom returns from London to find Sam Rubenfeld announcing his departure from the WSJ Risk and Compliance Journal via Twitter. Tom and Jay are back together to take a look  at some of this week’s top compliance and ethics stories which caught their collective eyes this week.  1.    Ethisphere’s 2019 World’s Most Ethical companies awards is announced. 2.    Fresenius announces pending FCPA resolution. Sam Rubenfeld reports in the WSJ Risk and Compliance Journal. Sam announces his departure from the Risk and Compliance Journal via Twitter.3.    The UK Serious Fraud Office closes its investigation into GSK and Rolls Royce with no individuals prosecuted. How could this happen? 4.    What new industries are under FCPA scrutiny? 5.    Bio-Rad GC retains most of his whistleblower award. 6.    What is the intersection of Supply Chain and security? 7.    What are the dangers of a GC shirking their FCPA duties? 8.    What is the intersection of sports and compliance? 9.    Proviti’s Jim DeLoach named recipient of the 2019 Bette Steed Leadership Award by the Greater Houston Business and Ethics Roundtable. 10. Tom has a special 4-part podcast series this week, Live from Londonwhere he was interviewed Jonathan Armstrong. Check out the following: Part 1-customers emerging as corruption risks, Part 2-state of compliance in 2019; Part 3- the Cognizant Technology FCPA declination; and Part 4-regime change and compliance.  The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Panoplyand YouTube. The Compliance Podcast Network is now also on Spotify. It is soon to be on Corporate Compliance Insights.11. Navex Global is putting on a virtual master class-- Ethics Beyond Compliance: Retaliation, Thursday, March 14, 2019 at 8:30 AM Pacific | 10:30 AM Central | 11:30 AM Eastern | 3:30 PM GMT. Registration and agenda are availablehere.  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.  For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Tom returns from London to find Sam Rubenfeld announcing his departure from the WSJ Risk and Compliance Journal via Twitter. Tom and Jay are back together to take a look  at some of this week’s top compliance and ethics stories which caught their collective eyes this week.  1.    Ethisphere’s 2019 World’s Most Ethical companies awards is announced. 2.    Fresenius announces pending FCPA resolution. Sam Rubenfeld reports in the WSJ Risk and Compliance Journal. Sam announces his departure from the Risk and Compliance Journal via Twitter.3.    The UK Serious Fraud Office closes its investigation into GSK and Rolls Royce with no individuals prosecuted. How could this happen? 4.    What new industries are under FCPA scrutiny? 5.    Bio-Rad GC retains most of his whistleblower award. 6.    What is the intersection of Supply Chain and security? 7.    What are the dangers of a GC shirking their FCPA duties? 8.    What is the intersection of sports and compliance? 9.    Proviti’s Jim DeLoach named recipient of the 2019 Bette Steed Leadership Award by the Greater Houston Business and Ethics Roundtable. 10. Tom has a special 4-part podcast series this week, Live from Londonwhere he was interviewed Jonathan Armstrong. Check out the following: Part 1-customers emerging as corruption risks, Part 2-state of compliance in 2019; Part 3- the Cognizant Technology FCPA declination; and Part 4-regime change and compliance.  The podcast is available on multiple sites: the FCPA Compliance Report, iTunes, JDSupra, Panoplyand YouTube. The Compliance Podcast Network is now also on Spotify. It is soon to be on Corporate Compliance Insights.11. Navex Global is putting on a virtual master class-- Ethics Beyond Compliance: Retaliation, Thursday, March 14, 2019 at 8:30 AM Pacific | 10:30 AM Central | 11:30 AM Eastern | 3:30 PM GMT. Registration and agenda are availablehere.  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.  For more information on how an independent monitor can help improve your company’s ethics and compliance program, visit our sponsor Affiliated Monitors at www.affiliatedmonitors.com.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Politicians will always tell us they're tough on crime, but the evidence suggests they find it easier to be tough on murderers, muggers and robbers than they do on corporate white collar criminals engaged in fraud, and money laundering. HARDtalk’s Stephen Sackur speaks to the outgoing head of Britain's Serious Fraud Office, David Green. For six years he has been out to apprehend corporate criminals; but has he ever been given the tools and the backing to do the job properly?

Politicians will always tell us they're tough on crime, but the evidence suggests they find it easier to be tough on murderers, muggers and robbers than they do on corporate white collar criminals engaged in fraud, and money laundering. HARDtalk’s Stephen Sackur speaks to the outgoing head of Britain's Serious Fraud Office, David Green. For six years he has been out to apprehend corporate criminals; but has he ever been given the tools and the backing to do the job properly?

David Green, the Director of the SFO, talks about the SFO's priorities, changes he has made as Director and what's next for him.

Martin Arnold is joined by Daniel Schäfer for the latest at Barclays, which has shifted £400bn of assets out of its investment arm, and has come under scrutiny from the UK Serious Fraud Office over a 2008 cash call that saw Qatari investors paid fees equivalent to more than 7 per cent of the capital invested. Sharlene Goff takes a look at Standard Chartered, whose protest vote last week over pay proposals was the biggest of its kind this year. Finally, Sam Fleming has news that banks are bracing for a new fight over capital requirements as the Basel Committee moves to tighten regulations on risks linked to interest rate shocks See acast.com/privacy for privacy and opt-out information.