FCPA Issues Nick Microsoft $25M

By Matt Kelly | July 22, 2019 | 0 Comments

Microsoft has agreed to pay $25.3 million to settle FCPA charges against subsidiaries in Hungary, Saudi Arabia, Thailand, and Turkey — the latest in a long line of cases where poor procedures to document sales discounts offered by local resellers paved the way for bribery of foreign government officials.  Microsoft will pay $16.5 million to…

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More on Embedding, Automating Controls

By Matt Kelly | July 21, 2019 | 0 Comments

Last week I had a post about an SEC enforcement action against rent-to-own retailer Conn’s, where the SEC dinged Conn’s for using manually updated forecasting tools to estimate customer credit risk. Executives had low-balled their estimates for years, until that short-sighted maneuver finally forced the company to cut earnings and the share price tanked. Today…

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compliance jobs

Compliance Jobs Report: July 19

By Matt Kelly | July 19, 2019 | 0 Comments

The Compliance Jobs Report grinds through the summer doldrums this week, with personnel news at Dell, CNA Insurance, and Danske Bank. We have a surprising amount of news from vendors this week: customer wins, new products, and so forth; plus our usual notes on intriguing job openings. Our Meme of the Week goes out to…

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Call for U.S. Olympics CCO

By Matt Kelly | July 18, 2019 | 0 Comments

A special commission reviewing the sorry state of the U.S. Olympic and Paralympic Committee has published its final report, calling for the appointment of a chief compliance officer and sweeping reforms to the Olympic Committee’s corporate culture. Known as the Borders Commission, the group was established last year to review how the USOPC mishandled the…

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About Us

Technically, Radical Compliance is the personal blog of Matt Kelly, long-time writer and observer of the corporate compliance and GRC scene. I was a writer, editor, and publisher at Compliance Week, 2003 through 2015; some of you may know me from my career there. I also speak frequently at compliance conferences and other events, and will pretty much shoot the breeze on any compliance topic with anyone who asks.

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