A prominent Mexican football star finds himself on OFAC’s black list for allegedly fronting for a known drug kingpin. Just when you thought soccer couldn’t get any more dramatic.
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.
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Posted inRegulatory Enforcement
Halliburton, the FCPA, and effectiveness
Having a great compliance program means nothing if it exists only on paper. If you want to keep the DoJ and SEC happy, that program must also be demonstrably effective.
Posted inEthics & Culture
Compliance includes anti-trust compliance
While the United States banks on anti-trust training, in other parts of the world—such as Germany—there is not such a strong prohibition against competitors’ collaboration. Reports, however, indicate that may be changing.
Posted inInternal Controls
Solitude as a leadership skill
A new book by Raymond Kethledge and Michael Erwin encourages leaders to take back a sense of control over their operations. While it is not always possible to unplug in today’s connected world, writes the Man From FCPA, taking some time to unwind and simply think can be a valuable part of any leader’s toolkit.
Posted inRegulatory Enforcement
VW enters a new penalty phase
A significant source of funding or loan guarantees for VW may have become impaired, making the emissions-testing scandal and the attendant penalty phase potentially even more damaging for the automaker.
Posted inRegulatory Enforcement
How Hui Chen prompted an evolution in compliance at the DoJ
Hui Chen’s time as compliance counsel at the DoJ’s Fraud Section was short and eventful and did a lot to move the needle on how the DoJ views corporate compliance programs.
Posted inRegulatory Enforcement
Compliance, risk, and the opioid scandal
The pharmaceutical industry may be the next victim of the opioid epidemic, as the government turns its focus on the pharmaceutical manufacturers themselves, not the addict or drug abuser.
Posted inInternal Controls
New twist in the Volkswagen investigation
In one of the more interesting and recent twists to the emissions-cheating scandal, Volkswagen has accused a group of fellow German car manufacturers of collusion over the diesel engine scandal, now almost two years old.
Posted inData Privacy
Wells Fargo and its data privacy faux pas
Wells Fargo continues to be in the news these days (and not for the better) in the way of its reputation.
Posted inRegulatory Enforcement
Change in prosecutorial strategy in VW case?
The recent arrest of an italian citizen in Germany, a former VW employee, may mean the government intends to bring charges against lower-level employees in an attempt to get them to flip on senior employees who were involved in the fraud.