A close collaboration between the compliance function and the controller role portends a more robust picture of enterprise risk, one which encompasses legal, compliance, ethics, internal controls, financial, business, and governance.
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 inRisk Management
Risk management 101: getting third-party approval of terms and conditions
While it may seem daunting to convince third parties to agree to the company’s terms and conditions, it’s a key part of compliance and one each party will appreciate in the end.
Posted inBoards & Shareholders
All eyes on the CBS board of directors
The role of the board of directors in a best practices compliance program takes on even more importance when senior management engages in recalcitrant conduct. It remains to be seen if the CBS board will step up in a time of crisis.
Posted inUncategorized
If geopolitical risks change, scrub your operations
The recent political upheavals in South Africa and Malaysia should serve as a reminder for companies to review their operations in politically evolving countries in which they might have conducted government business.
Posted inUncategorized
What are your compliance resources?
Evolved Justice Department policies encourage corporations to see it is directly in their best interest to provide the resources, authority, and gravitas to the compliance position within their organizations.
Posted inEthics & Culture
Compliance lessons from the best team in baseball
Believe it or not, there’s a compliance lesson to be learned by the methods of the Houston Astros in their rise from the worst team in baseball to World Series champions.
Posted inAccounting & Auditing
Bank of England probe latest blow to KPMG’s reputation
Accounting firm KPMG has taken some serious reputational hits over the past several months … and they just keep on coming.
Posted inUncategorized
What is a business relationship?
The Man From FCPA ponders the FCPA considerations of electric-car company Tesla putting the squeeze on its suppliers by asking them to refund monies Tesla had paid to them, as far back as 2016.
Posted inUncategorized
A fine mess in Brazil (and Houston)
A legal battle between Vantage Drilling and Petrobras, Brazil’s state-owned oil company, has put a new twist on contract challenges and FCPA violations
Posted inUncategorized
The importance of auditing third parties
Auditing third parties is critical to any compliance program and an important tool in operationalizing your compliance program.
