Thomas Fox | Contributing Editor
Thomas Fox is a contributing editor of the FCPA Blog.
Thomas Fox has practiced law in Houston for 30 years. He is now the Compliance Ambassador for the Red Flag Group.
Tom is the author of the award winning FCPA Compliance and Ethics Blog and the international best-selling book “Lessons Learned on Compliance and Ethics”.
His seminal book, “Doing Compliance: Design, Create, and Implement an Effective Anti-Corruption Compliance Program” is widely viewed as one of the top volumes on the nuts and bolts of compliance.
He is one of the top leaders in social media in compliance, blogging, podcasting, writing and speaking across the globe on anti-corruption and anti-bribery compliance programs.
Dealbreaker: ‘Wells Fargo is having its soul investigated by actual nuns’
I wish I could write a headline as great as the above banner which appeared over a piece written by Thorton McErney in Dealbreaker.
Tom Fox: BSGR files for receivership
In one of the most high profile corruption stories around, reports in the Financial Times said BSGR filed for receivership, and on Tuesday entered into voluntary administration in Guernsey, where the company is registered.
Tom Fox: KFC played chicken with the supply chain, and lost
What is risk? If your name was previously Kentucky Fried Chicken (now KFC) one might think that not having a ready supply of chicken to fry up would be about as important a risk as one could imagine.
Tom Fox: Houston company sues former Venezuela oil minister for bribe demands
Former Venezuela oil minister Rafael RamirezBribery and corruption are rarely used as the basis of civil actions between entities and individuals. It is the exceptional case where a party claims that its refusal to submit to demands for bribes can lead to a claim of civil liability.
Tom Fox: McKinsey loses work after South Africa corruption allegations
What is the cost of a corruption scandal? It has been known for some time that such costs could include investigative and remediation costs, any fine or penalty and post-resolution costs such as those to deal with a monitorship or ongoing remediation. Or the financial hit for stock market listed companies could also come into play.
Tom Fox: ‘What’s nationalist about corruption?’
Mehmet Hakan AtillaThat question was posed in a New York Times story about the start of the trial of Mehmet Hakan Atilla, which began Monday in New York City with jury selection. The case involves allegations money-laundering, corruption and evasion of Iranian sanctions by several Turkish individuals, government officials and banks in the country.
Tom Fox: Doing Compliance Master Training In New York City, November 28 and 29
I am pleased to announce my partnering with Marcum LLP to put on a two-day Doing Compliance Master Class, which will be unlike any other class currently being offered. It will be held in New York City on November 28 and 29, 2017.
Tom Fox: White collar criminals and their flagrant rationalizations
In one of the most interesting looks at what makes a compliance program tick and why, Todd Haugh, an assistant professor of business law and ethics at Indiana University’s Kelley School of Business, said that even best-practices compliance programs fail to take into account the importance of eliminating rationalizations.
Tom Fox: Former Uber engineer wrote 2017’s top blog post (so far)
As we near the year’s halfway point, I want to get in an early nomination for 2017’s Best and Most Important Blog Post. It was written by Susan Fowler, a one-time engineer at Uber who blogged about the sexual harassment and discriminations she experienced there.
Tom Fox: Compliance Lessons from Lindbergh the Engineer
Lucky Lindy is a term that is usually consigned to the history books. Yet to many Americans he was the hero of the 20th Century for his solo flight across the Atlantic.