Category: Podcasts

Episode 40 — How to Conduct a Corporate Culture Assessment

Research has consistently demonstrated that an ethical corporate culture results in increased profits and sustainable growth.  Companies with a positive culture have lower rates of employee misconduct, increased employee productivity, and lower employee turnover.  All of these factors lead to higher growth rates, improved employee morale, and a reduced risk of misconduct and government investigation. This basic premise holds true: when ethical values are embedded in a company’s...

Episode 39 — Tom Fox’s New Book — The Complete Compliance Handbook

Tom Fox is a thought leader for the ethics and compliance profession.  He is a prolific writer who has produced a steady body of work — podcasts, books, blogs, articles — to advance the compliance function.  He is knowledgeable, practical and insightful on how to implement and maintain an effective compliance program. Tom has just released a new and important book — The Complete Compliance Handbook. ...

Episode 38 — Update on Special Counsel Mueller’s Russia Investigation and the Michael Cohen Investigation

Special Counsel Mueller’s investigation of possible connections between the Trump campaign and Russia has been dominating the country’s attention.  in recent weeks, the US Attorney’s separate investigation of Michael Cohen’s activities has been gaining attention as well.  These two significant investigations are moving at a rapid pace with new developments each day. Michael Volkov discusses these investigations and provides his insights as a former prosecutor...

Episode 37 — Ethics and Compliance Trends from Recent Surveys and Studies

Two recent ethics and compliance surveys and studies provide important information on ethics and compliance program trends.  The first is LRN’s 2018 Ethics and Compliance Program Effectiveness Report.  The second is the Ethics and Compliance Initiative Global Business Ethics Survey. In this episode, Michael Volkov reviews the two surveys and studies and the implications for ethics and compliance program practitioners.

Episode 36 – How to Respond to a Government Investigation

When a company learns that the government is investigating the company’s activities, a company has to move quickly to respond to the government and engage prosecutors about the investigation.  Depending on how the company learns about the government investigation, the company’s strategy and immediate steps may differ. Once the company learns it is under investigation, the company has to collect information about the activity and business...

Episode 35 –Update on AML Compliance from Recent AML Enforcement Actions

In the early part of 2018, the Justice Department brought two significant AML criminal enforcement actions against US Bancorp and Rabobank, respectively. These two cases, coupled with the new beneficial ownership regulations effective May 11, 2018, raise significant changes in the AML compliance and enforcement landscape.  In addition, the SEC and FINRA brought AML enforcement actions against Aegis Corporation and three individuals, two of whom were...

Episode 34 — The Cohen Criminal Investigation and Search Warrants

On August 9, 2018, FBI agents executed search warrants at Michael Cohen’s office, hotel, residence, safety deposit box and electronic devices.  Since then, we learned that the US Attorney’s Office in New York City have an ongoing criminal investigation against Michael Cohen.  The full scope of this investigation has yet to be disclosed but it is clear that Cohen will face significant and serious charges....

Episode 33 — Bitcoin, Cryptocurrencies and Compliance — Interview of Matt Stankiewicz

Cryptocurrencies, including Bitcoin, are exploding on the marketplace.  Cryptocurrencies are promising huge technological advances in our economy by relying on the new blockchain technology. Initial coin offerings raised $7 billion in capital last year, and this year ICOs are expected to raise over $20 billion in capital. Bitcoin and other established cryptocurrencies have increased in value.  Bitcoin reached a high of nearly $20,000 and is now trading just...

Episode 32 — Ten Steps to Prepare Your Company for Execution of a Search Warrant

As part of the aggressive enforcement of white collar crime cases, federal  law enforcement officers are executing more search warrants at company offices.  Companies should plan in advance for such an event.  A company can learn valuable information about an ongoing investigation.  Just as important, company officials have to preserve and assert objections when federal agents conduct a search. In this episode, Michael Volkov outlines...

Episode 31 — Doing Business in Haiti: Interview of Angelo Viard

Haiti continues to suffer from significant corruption.  In Transparency International’s recent Corruption Perception Index, Haiti ranked 157 out of 180 countries on the corruption perception index. Angelo Viard, a longtime expert in business development in Haiti sees a different picture — business opportunities in Haiti are present but corruption risks have to be acknowledged and addressed.  Angelo Virad provides practical insights on how to navigate...