Search results for: donald trump
Lessons on Silos From Trump Administration
We pivot back to the Trump Administration today, which continues to give compliance and governance professionals lessons galore in how not to run a large organization. I spotted an article on Politico.com last week, just before the government shutdown. The headline was “Shutdown threat tanks West Wing morale,” which is no surprise unto itself. One…
Read MoreTrump Admin Whacks Telco Firm for $892 Million
Compliance officers wondering whether the Trump Administration would still enforce egregious corporate misconduct with big fines, here’s one answer: the administration today whacked a Chinese telecom firm with nearly $900 million in fines and penalties for export control violations. The firm is ZTE Corp., which pleaded guilty to re-exporting sensitive communications technology to Iran without…
Read More‘Trump Risk’ Disclosures Start Rolling In
When we last left disclosure of “Trump risk” just after the November 8 presidential election, only a few brave filers mentioned the victory of Donald Trump in their risk factors. Prompt as they were, those disclosures were predictably vague because nobody knew what a Trump Administration might portend. Now fourth-quarter 2016 reports are hitting the streets, with many…
Read MoreDrone Industry Pans Trump Regulatory Plan
Many thanks to the unmanned drone industry, which last week said the obvious about Donald Trump’s idea for government agencies to repeal two existing regulations for every new rule they want to adopt: it’s a simplistic notion that could actually harm new industries more than it helps them. The Commercial Drone Alliance sent a letter to…
Read MoreCompliance in Trump Era: More Markers Placed
Compliance officers trying to figure out how your job will or won’t change during the Trump Administration, look at two events that happened this week. First, Jeff Sessions was confirmed as attorney general. Second, the Trump Administration and its henchmen put the Conflict Minerals Rule in their sites. Within those two things are all the…
Read MoreTrump Gets Subtle Pre-taliation Warning
All you compliance officers in the corporate world, spending all your time trying to protect whistleblowers and root out retaliation risks: take a gander at the challenge your federal government counterparts have under the Trump Administration. On Wednesday the Office of Special Counsel issued a reminder that any policies about communications from government employees—like, say, telling them…
Read MoreSelf-Promotion: The Trump Compliance e-Book
I’m delighted to announce that my recent posts about the incoming Trump Administration have been included in a new e-book published by Corporate Compliance Insights. You can download the e-book for free on CCI’s website and then ponder the future to your heart’s content. The e-book is a special project from Everything Compliance, the (usually)…
Read MoreCompliance in the Trump Era, Part III: Legislation
Today we continue our series on compliance in the Trump Era by looking at what could happen with Washington politics. Compliance officers might wish that’s something you can ignore, something that exists on a plane beyond your world of internal investigations, whistleblower complaints, and regulatory probes. No such luck. Republicans and the Trump Administration have…
Read MoreCompliance in the Trump Era, Part II: FCPA
Last week we began an occasional series about how the incoming Trump Administration might affect the world of corporate compliance. Today we continue with a look at the future of the Foreign Corrupt Practices Act. First, let’s knock down the prospect of Congress revising the FCPA itself. Regardless of what Republican lawmakers say to score…
Read MoreFour Companies to Watch for ‘Trump Risk’
Last week two companies became the first public filers to cite the incoming Trump Administration as a risk worth disclosing in the Risk Factors section of their quarterly reports. We haven’t seen any more since then, although we will in the future. Several people wrote to me after that post last week, essentially saying—well, so…
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