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The Man From FCPA

The Man From FCPA is a blog about enforcement of the Foreign Corrupt Practices Act and other anti-bribery statutes around the world, written primarily by Compliance Week columnist Tom Fox plus other occasional contributors. Fox is now an independent consultant assisting companies with FCPA and compliance issues, after many years as in-house counsel and outside counsel on anti-bribery and corruption issues. Fox also hosts a weekly podcast, “The FCPA Compliance and Ethics Report,” and writes an in-depth monthly column for Compliance Week as well.
12 results found, filtered by:
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The Man From FCPA Blog
Internal controls: trust but verify
Tom Fox | September 13, 2016
Tom Fox looks at the recent scandal at Wells Fargo leading to the Consumer Finance Protection Board’s $185 fine and the firing of more than 5,000 employees after basically telling them: “It’s OK to break the law, as long as we make money.”
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The Man From FCPA Blog
Will Wells Fargo lead to more whistleblowing?
Tom Fox | October 3, 2016
Tom Fox looks at expert opinion on whether the recent accounting scandal at Wells Fargo will be used to enhance whistleblower laws and regulations.
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The Man From FCPA Blog
The (non) myth of the 5,300 rogue employees
Tom Fox | September 14, 2016
The Man From FCPA, Tom Fox, asks why it is always the employee’s fault when a corporation engages in fraudulent activity leading to regulatory fallout. Perhaps the CEO of Wells Fargo, responsible for the firing of 5,300 “rogue” employees for fraudulent activity, has the answer.
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The Man From FCPA Blog
Did Wells Fargo Give Prudential a Black Eye?
Tom Fox | December 13, 2016
Tom Fox epxlores how the business relationship between Prudential and scandal-ridden Wells Fargo put Prudential in hot water.
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The Man From FCPA Blog
Wells Fargo fallout: More board oversight of risk management?
Tom Fox | February 1, 2017
The Wells Fargo fraudulent accounts scandal is enforcing a good trend: shareholder activism directed at the board for better risk management. Tom Fox reports.
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The Man From FCPA Blog
Continued fallout at Wells Fargo leads to board scrutiny
Tom Fox | March 7, 2017
The Wells Fargo fraudulent account scandal still resonates as one of the most prime examples where the continued fallout from a board’s failure in the area of oversight of risk management is working to damage the organization.
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The Man From FCPA Blog
Compliance expertise on the board of directors
Tom Fox | April 17, 2017
The recent corporate scandal at Wells Fargo highlights the need for boards of directors to have a committee devoted to compliance.
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The Man From FCPA Blog
Wells Fargo and its data privacy faux pas
Tom Fox | July 24, 2017
Wells Fargo continues to be in the news these days (and not for the better) in the way of its reputation.
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The Man From FCPA Blog
New scandals; new lexicon for unethical conduct
Tom Fox | September 6, 2017
In the FCPA world, the most dreaded question during an enforcement action is “where else?”—as in, where else are you engaging in bribery and corruption? After Wells Fargo, the lexicon may well expand to “what else?”—as in what other conduct is your company engaging in that is unethical?
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The Man From FCPA Blog
Wells Fargo still suffering financially from scandals
Tom Fox | January 15, 2018
Wells Fargo is one of the poster children over what can happen when compliance is not taken seriously or perhaps not at all in an organization.
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The Man From FCPA Blog
Does your board have a compliance expert?
Tom Fox | February 11, 2018
The Federal Reserve Bank this month assessed a penalty against Wells Fargo for the bank’s widespread customer abuse from its fraudulent accounts scandal, other regulatory violations, and lack of response by the bank’s doard of directors to these problems and other risk management issues.
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The Man From FCPA Blog
Wells Fargo charm offensive
Tom Fox | May 20, 2018
New Wells Fargo ads in prominent business newspapers are an effort to let the world know the bank is cleaning up its act—but, without follow-through, it may not be enough.
Displaying 12 results