The recent corruption scandal to focus on McKinsey & Co., SAP, and KMPG in South Africa has driven home a truism that many in the compliance space have known for some time: South Africa is one of the most corrupt countries on earth. For U.S. and U.K. companies doing business in that country, now is the time review your third-party risk management processes.
Tom Fox
Thomas Fox has practiced law for over 40 years. Tom writes the daily award-winning blog, the FCPA Compliance and Ethics blog and founded the Compliance Podcast Network. Tom leads the discussion on AI in compliance through his best-selling book Upping Your Game. He has 38 other books on the use of AI in compliance and business ethics, leadership including the seminal work, The Compliance Handbook, with its 7th edition coming out in 2025. He is the founder of the award-winning Compliance Podcast Network.
LinkedIn: Follow
Posted inAccounting & Auditing
Recovering from an ethical scandal
How does a company restore its reputation after an ethical failure? Tom Fox explores how KPMG will react after its faulty audits of the embattled Gupta family.
Posted inAnti-Bribery
Lessons from the Telia FCPA resolution
The largest FCPA resolution on record (so far), at nearly $1 billion, offers plenty of objective lessons for compliance practitioners looking to better understand enforcement trends.
Posted inEthics & Culture
NACD report on board culture and corporate culture
Have boards of directors finally begun to wake up to their role in the fight against bribery, corruption and unethical corporate behavior? Tom Fox explores.
Posted inRegulatory Enforcement
The role of banks in corruption
A look at a recent report that examines allegations of bribery to purchase votes on the International Olympic Committee for the selection in 2009 of Rio de Janeiro to host the 2016 Olympics.
Posted inAnti-Bribery
Internal reporting: hotlines and listening
A look inside at some of the best practices for a hotline.
Posted inAnti-Bribery
Third-party lifecycle management
The Man From FCPA recommends five steps in the lifecycle of third-party management for the risk management process around third parties.
Posted inFrom the Archive
Does the NCAA corruption scandal have an FCPA angle?
In a move reminiscent of FIFA arrests in 2015, the Department of Justice recently announced a series of arrests from an undercover operation exposing one of the sordid underbellies of college sports: the myth of amateurism at the highest level of collegiate sports.
Posted inBoards & Shareholders
Corporate culture around whistleblowers
The unspoken reality in the corporate world is that many whistleblowers are deemed complainers, and yet, Congress, regulators, and even the companies that verbally demean whistleblowers recognize that those with personal knowledge of wrongdoing are often best placed to report it, writes The Man From the FCPA.
Posted inRegulatory Enforcement
Has Uber turned a page?
Uber may finally be changing its tune and, this time, in a very public way, writes The Man From the FCPA.
