エピソード

  • Episode 39 - The TD Bank Edition

    Episode 39 - The TD Bank Edition
    2024/10/18
    What happens when two top compliance commentators get together? They talk compliance of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode, co-hosts Khristy Grant-Hart and Tom Fox tackle several high-profile compliance issues. They start with TD Bank’s $3 billion money laundering scandal, exploring how inadequate compliance measures and lack of investment enabled a decade-long operation involving $18.3 trillion in questionable transactions. The discussion critiques the penalties imposed on TD Bank and reflects on the broader industry implications. The hosts then shift focus to collateral damage from fentanyl, human trafficking, modern slavery, and terrorist financing, spotlighting the OCC’s novel restrictive actions and an SEC enforcement case involving Indian bribery schemes by Moog. Transitioning to corporate compliance dynamics, the podcast covers the Texas incident involving Deloitte’s mishandling of a convicted felon’s loan application, raising significant questions about due diligence. Frances Haugen’s advocacy for stronger whistleblower protections, particularly in the AI sector, gets highlighted. The episode concludes by addressing the legal ramifications of anti-boycott provisions, the complexities of election season in the workplace, and recent developments in the Boeing case, encapsulating these serious discussions with a humorous note on a bizarre Florida man incident. Stories Include: TD Bank Money Laundering Scandal Caremark Claims and Broader Implications Indian Bribery Case and SEC Enforcement Debating the ECCP Guidance Texas’ $5 Billion Power Plant Scandal Facebook Whistleblower Frances Haugen Speaks Out Understanding Anti-Boycott Provisions Managing Politics in the Workplace Boeing’s Legal Troubles and DEI Concerns Florida Man’s Unusual Drug Complaint Resources Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    41 分
  • Episode 38 - The SCCE Wrap Up Edition

    Episode 38 - The SCCE Wrap Up Edition
    2024/10/04
    What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode of the ‘Two Gurus Talk Compliance Podcast,’ hosts Kristy Grant-Hart and Tom Fox delve into recent updates and stories in the compliance world. They explore the DOJ’s latest guidance on corporate compliance programs, highlighting themes of data access and the role of AI. Discussion on domestic bribery leads to the case against NYC Mayor Eric Adams for alleged violations, including unauthorized travel expenses. The hosts also analyze four significant trade sanction cases detailed by Michael Volkov, illustrating the importance of rigorous compliance measures. Notable segments include the investigation into Binance’s hefty compliance investments, the influence of competition on corporate culture, and current issues in internal controls. A curious case on Caremark claims against Wells Fargo’s board is mentioned, providing insights into potential legal trends. The podcast closes with a humorous touch on a Florida man’s recurring jail visits due to retail fraud. The episode is a comprehensive overview of key compliance topics marked by real-world examples and expert insights. Stories Include: How Binance found that old-time 'compliance' religion. (WSJ) Wells Fargo must face Caremark claim. (Reuters) SEC fines 11 more firms for failures in messaging apps. (SEC Press Release) 4 top sanctions cases. (Corruption, Crime, and Compliance) On the importance of internal controls. (Harvard Law School Forum on Corporate Governance) Revamped Compliance Program Guidance! (Radical Compliance) Canada, Mexico Should Halt China's Forced-Labor Imports, U.S. Lawmakers Say (WSJ) NYC Mayor Eric Adams accepted harmless ‘courtesies,’ not bribes, his lawyer says (AP) Companies Like to Pit Internal Teams Against Each Other. Bad Idea. (WSJ) 57-year-old Florida man goes to jail for 75th time (WTSP) Resources : Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    38 分
  • Episode 37 — The Florida Couple Edition

    Episode 37 — The Florida Couple Edition
    2024/09/20
    What happens when two top compliance commentators get together? They talk compliance of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode Tom and Kristy discuss the controversial LinkedIn post that categorized people aged 45 to 55 as in ‘late career,’ while highlighting how Gen Z is showing new enthusiasm for corporate jobs. They delve into the Biden administration’s crackdown on Chinese imports linked to modern slavery and debate the costs of closing the de minimis exception for tariffs and package reviews. Additionally, they touch on the alarming case of a missing Chinese executive and dissect the implications of mandatory retirement ages in corporate America. The episode wraps up with a quirky story about a Florida couple (not Florida Man) attempting to claim a lottery prize with a laminated, torn ticket, showcasing the wide spectrum of compliance and ethical issues in today’s world. Tune in for a mix of insightful discussion and lighter moments from the compliance community. Stories Include: What me retire? (FT) The top Chinese bank told me to wire money. (FT) Ex-Glencore execs appear in court. (FT) PCAOB orders audit firms to bring in outsiders. (FT) The way forward for ESG. (FT) Biden Takes Aim at China’s Temu and Shein with Trade Crackdown. (WSJ) An affair cost Alan Shaw his job and severance. Will Norfolk Southern also try to claw back his pay? (Fortune.com) 20-Somethings Learn to Love Their Corporate Jobs. (WSJ) SEC Charges Seven Public Companies with Violations of Whistleblower Protection Rule. (SEC) Florida couple caught allegedly taping lottery ticket together to claim $1 million prize. (FOX Orlando 35) Resources: Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    32 分
  • Episode 36 – The Fall is Here Edition

    Episode 36 – The Fall is Here Edition
    2024/09/06
    What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode, Kristy and Tom discuss a range of vital topics in the compliance and legal world. They delve into the implications of the recent election on sanctions and OFAC policies, highlighting a rare decline involving Boston Consulting Group. The episode also covers significant enforcement actions, challenges of corruption in California and South Africa, and the role of chief resilience officers in corporate risk. Additionally, they share quirky and alarming anecdotes, such as a man attempting to check a human as luggage, and emerging trends in the ever-evolving compliance landscape. Stories Include: PE Partners loses equity for FCPA violations. (WSJ) Tough U.S. Sanctions Packages Are Here to Stay—Whether It’s Harris or Trump – (WSJ) Nordea Bank to pay $35MM for AML violations. (WSJ) BCG receives a Declination. (WSJ) RTX to pay $1.2bn for trade sanctions violations. (Radical Compliance) South Africa investigating $7bn worth of corruption at state-owned enterprises. (Toronto Star) How California Became a New Center of Political Corruption (NYT) How Do You Change a Chatbot’s Mind? (NYT) Now Hiring: Chief Resilience Officer. Do You Have What It Takes? (CCI) Shrink-Wrapped Florida Man Tries to Check-In as Luggage at Miami International Airport – Simple Flying: HERE Resources: Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    33 分
  • Episode 35 — The End of Summer Edition

    Episode 35 — The End of Summer Edition
    2024/08/23
    What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week's episode! In this episode, Kristy and Tom delve into an array of timely topics. They take a deep dive into an Op-Ed piece from Michael Lewis about his writing on SBF, consider a new role for internal audit, look at the BoA, consider the fate of two corrupt politicians and consider AI regulation in the EU and beyond. Of course, a Florida man makes an appearance with another great tale. Tune in for a comprehensive mix of compliance nuts-and-bolts insights and current events. Stories Include: Titles Don’t Matter & Other Lies I’ve Been Told (CCI) CCO Compensation Update (Radical Compliance) Bank of America Urges Bankers to Sound Alarm on Overwork After WSJ Investigation (WSJ) EU AI Act Elevates Responsible Standards, Outpacing GDPR (CCI) Man jailed for impersonating Miami Springs pizzeria and delivering disgusting pies, police say – (Local 10) Sam Bankman-Fried, a Personal Verdict. (WaPo) Auditing for a Competitive Advantage (CCI) Tracking Individual FCPA Enforcement (Volkov) Comparing perspectives: the BOD and C-Suite (HLFCG) Menendez Resigns/Santos pleads guilty. (New Jersey Globe) (CBS News) Resources: Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    42 分
  • Episode 34 — The Whistleblower Edition

    Episode 34 — The Whistleblower Edition
    2024/08/09
    What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode, Kristy and Tom delve into an array of timely topics. They discuss how and why HR is now seen as the ‘Department of Misery. The duo takes a deep dive into the new DOJ Whistleblower Incentive Program. They also discuss the huge Meta settlement with the state of Texas, SFO prosecutions and corporate felony convictions. Of course, Florida man makes an appearance with another great tale. Tune in for a comprehensive mix of compliance nuts-and-bolts insights and current events. Stories Include: For Big Companies, Felony Convictions Are a Mere Footnote (WSJ) HR: the Department of Misery? (NYT) Can a corporate vote overturn a court decision? (FT) Income inequality and corruption. (The Economic Times) The DOJ announces a whistleblower incentive program. (WSJ) Glencore trader criminally charged by SFO for bribery. (FT) OFAC Releases Guidance on Extended Statute of Limitations & Forthcoming Recordkeeping Changes (Volkov) – VolkovLaw Meta agrees to $1.4 billion settlement in Texas biometric data lawsuit over Facebook images (CNBC) Will AI kill meaningless jobs? (NYT) ‘Before He Cheats:’ Florida woman accused of keying ‘CHEATER’ on man’s car (Click Orlando) Resources: Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    35 分
  • Episode 33 — The Nuts and Bolts Edition

    Episode 33 — The Nuts and Bolts Edition
    2024/07/26
    What happens when two top compliance commentators get together? They talk compliance of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode Kristy and Tom delve into an array of timely topics. They discuss a filmmaker turned vigilante’s impact on corporate DEI programs and the repercussions of the UK elections on compliance and law enforcement. The duo takes a deep dive into the essentials of the European AI Act, emphasizing its imminent enforcement and the potential penalties. They also bring attention to the importance of a robust document retention policy, especially in international contexts. Of course, Florida man makes an appearance swimming away from the police to evade his girlfriend’s probing questions. Tune in for a comprehensive mix of compliance nuts and bolts insights and current events. Stories Include: Document Retention for U.S. Litigation Beyond Borders: Considerations for Foreign Companies Implementing an Effective Compliance Management System Tightening Compliance Around Ephemeral Messages New York State Department of Financial Services Adopts AI Guidance Understanding the EU AI Act Deere Slashes Diversity Initiatives After Backlash from Conservative Activist. (WSJ) SEC Charges Silvergate Capital, Former CEO for Misleading Investors about Compliance Program. (SEC) What Dramatic UK Election Results Might Mean for Compliance. (Corporate Compliance Insights) Is ‘Rizz’ the Secret to Getting Ahead at Work? (WSJ) Florida man jumps in ocean to avoid giving cops, girlfriend his phone’s passcode: ‘You’re telling me I’m resisting’ Resources: Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    41 分
  • Episode 32 — Shout Out to CCI

    Episode 32 — Shout Out to CCI
    2024/07/12
    What happens when two top compliance commentators get together? They talk compliance, of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode! In this episode of 2 Gurus Talk Compliance Podcast, hosts Kristy Grant-Hart and Tom Fox discuss major developments in the compliance world. The topics include the potential scope of Boeing’s monitorship related to the 737 MAX crashes, Italian raids on luxury brand manufacturers for modern slavery violations, insights from the year’s biggest risk assessment survey, and Florida man’s futile gun battle with a Walmart drone. Additionally, they delve into articles from Corporate Compliance Insights on well-being washing, Supreme Court’s rollback of Chevron deference, trade sanctions screening, effective use of AI in compliance, and the importance of regulating ephemeral messaging. The episode concludes with an entertaining Florida man story involving a shootout with a drone. Stories Include: To the DOJ: Go Big on Boeing. (CCI) Well-Being Washing (it’s a real thing). (CCI) Upgrading TPRM in the age of AI. (CCI) Sanctioned or not? (CCI) International Comms Compliance. (CCI) Raids Find Luxury Handbags Being Made by Exploited Workers in Italy (WSJ) Supreme Court Overrules Chevron, Sharply Limiting Judicial Deference To Agencies’ Statutory Interpretation (Gibson Dunn) 2024 State of Risk & Compliance Report (NAVEX) Is work taking over your life? Here’s how to reclaim your time. (WaPo) A Florida man’s futile gun battle with a Walmart drone. (Fortune) Resources: Kristy Grant-Hart on LinkedIn Spark Consulting Prove Your Worth Tom Instagram Facebook YouTube Twitter LinkedIn
    続きを読む 一部表示
    40 分