The Deutsche Bank FCPA Settlement - a podcast by Tom Fox

Compliance into the Weeds is the only weekly podcast which takes a deep dive into a compliance related topic, literally going into the weeds to more fully explore a subject. Today we consider the Deutsche Bank Foreign Corrupt Practices Act resolution. We look at the compliance program; red flags missed, overlooked or avoided and internal control failures.
 Some of the issues we consider are:The Bank’s compliance program was a paper program only.

Where was compliance?What Red Flags were missed?

Internal Audit did its job but was ignored.Actual Knowledge of corruption?

What about the DFS?Resources
Tom is running a 5-part blog post series on the FCPA Compliance and Ethics Blog:Part 1-Introduction
Part 2- The Bribery SchemesPart 3- Overlooked Red Flags and Internal Control FailuresPart 4-Recivist Penalty
Part 5-Final ThoughtsMatt’s blog post in Radical Compliance:
Deutsche Bank Control Failures Cost $130 millionLearn more about your ad choices. Visit megaphone.fm/adchoices

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