Kristy Grant-Hart fills rin Masters of Disaster podcast listeners on how her book How to be a Wildly Effective Compliance Officer has been received since it launched. Kristy’s perspective on the critical nature of human relations in compliance has resonated with her readers internationally. In our discussion, Kristy reflects on comments she received from readers and the future of the profession.
Kristy Grant-Hart is an expert at transforming compliance departments into in-demand business assets. She's the author of How to be a Wildly Effective Compliance Officer and Managing Director of Spark Compliance Consulting, a boutique consultancy focusing on the creation, energizing and optimization of corporate compliance and data privacy programs. She is also an adjunct professor at Delaware Law School, Widener University, teaching Global Compliance and Ethics.
Before launching Spark Compliance, Ms. Grant-Hart was the Chief Compliance Officer at United International Pictures, the joint distribution company for Paramount Pictures and Universal Pictures in 65+ countries. Ms. Grant-Hart was shortlisted for the 2015 Chief Compliance Officer of the Year award at the Women in Compliance awards.
Ms. Grant-Hart began her legal career at the international law firm of Gibson, Dunn & Crutcher, where she worked in the firm’s Los Angeles and London offices. While at Gibson Dunn, her team was nominated for Best Regulatory Law Firm of the Year at Thomson Reuter’s Compliance Awards. She is an experienced international conference speaker, and has published articles in magazines and trade publications in the United States and Europe on anti-bribery topics and on data privacy and data transfer between the United States, the United Kingdom and the European Union. She has advised Fortune 500 companies on international compliance, and created and revamped compliance programs for major companies in Europe and the United States.
Ms. Grant-Hart graduated summa cum laude from Loyola Law School in California. She holds certification as a Corporate Compliance and Ethics Professional – International (CCEP-I) and is a member of the California Bar.
Lisa McClennon specializes in risk management in the international arena and is a trusted authority on investigations and government enforcement. She is a seasoned global executive with 25 years of experience in federal law enforcement, compliance, and ethics. Lisa loves leading teams to prevent and detect fraud, sophisticated financial crimes, and public corruption.
On the podcast, Lisa and I discuss her work on the U.S. federal government’s investigation of Ranbaxy USA Inc. (“Ranbaxy”), a subsidiary of Indian generic pharmaceutical manufacturer, Ranbaxy Laboratories Limited. Ranbaxy pleaded guilty to felony charges related to the manufacturer and distribution of adulterated drugs made at facilities in India. The investigation and prosecution of Ranbaxy lead to the largest federal drug safety settlement (as of May 13, 2013) of a criminal fine and forfeiture totaling $150 million plus and additional $350 million to settle civil claims under the False Claims Act and related State laws.
DOJ Press Release: Generic Drug Manufacturer Ranbaxy Pleads Guilty and Agrees to Pay $500 Million to Resolve False Claims Allegations, cGMP Violations, and False Statements to the FDA https://www.justice.gov/opa/pr/generic-drug-manufacturer-ranbaxy-pleads-guilty-and-agrees-pay-500-million-resolve-false
U.S. Office of Inspector General https://oig.usaid.gov/
Fighting a culture of fraud, Fraud Magazine http://www.fraud-magazine.com/article.aspx?id=4294983341 (interview with the whistleblower in Ranbaxy)
Trade in counterfeit goods is an insidious and growing problem worldwide. The OECD recently released a report estimating that trade in counterfeit goods has grown to approximately 2.5 % of world trade (as of 2013) or almost half a trillion dollars.
Jason Daniels is Senior Investigation Manager (Americas) Global Security & Brand Protection for Underwriters Laboratories. Jason explains what it takes to keep the public safe from goods with counterfeit safety testing UL trademarks.
Counterfeiting crimes pose safety concerns for consumers worldwide, requiring coordinated global law enforcement efforts. Beyond safety and reliability, trade in counterfeit goods funds organized crime and terrorism globally, posing additional threats to the public. Underwriters Laboratories has worked with INTERPOL to create training programs to educate law enforcement, regulatory authorities and private sector investigators on intellectual property (IP) crimes and transnational organized IP crime syndicates.
Jason Daniels is the Senior Investigation Manager with Underwriters Laboratories’ Global Security & Brand Protection Unit. His primary responsibility is to facilitate intellectual property theft investigations in the Americas and lend support to the EMEA. Mr. Daniels has focused his efforts on combatting counterfeiting for over 13 years.
Jason has written curriculum that has been presented throughout the United States concerning fraud investigations and has been a certified law enforcement instructor for over 18 years. Before entering the corporate arena, Mr. Daniels was a sworn law enforcement officer in the State of North Carolina serving his last post as the Special Agent in Charge with the Secretary of State’s Office. He is a graduate of Shaw University and continued his graduate development at the University of Louisville.
Jay Laramore works for SAS training business teams how to use data. What surprises Jay is how many new contexts people want to apply data analytics today. As data has become more available, people have more ideas where to use it.
In compliance, education of compliance teams on the possibilities of data analytics can spur new ways of gathering data and making it available to the compliance team for innovation. Jay explains that sometimes data that could be helpful simply has not been captured, resulting in a “chicken and the egg” problem where analytics cannot be applied because the data does not exist, but the data does not exist because the value of collecting the data for analytics is not known. In these cases, education in data analytics in the organization encourages the collection of new types of data that can be used to create answers to new problems.
Often, compliance teams are faced with problems that seem unquantifiable, for example, the cost of effort spent on non-compliance problems by business teams. Even in these cases, Jay explains that techniques exist that allow “subjective” issues of effort to be included in analytics models.
Jay Laramore is an Analytical Training Consultant at SAS where he trains clients how to build analytical solutions, and explores new technologies and methods that will revolutionize the constantly evolving analytics industry. He is a strategic, naturally curious, analytical problem solver with the ability to clearly communicate results to individuals with various backgrounds and technical acumen. Jay’s passion is not just building predictive models, but automating model building processes to deliver scalable solutions to complex business problems.
Moneyball is Dead. Long Live Moneyball! http://techcrunch.com/2016/04/02/moneyball-is-dead-long-live-moneyball/
Spring Training, Fresh Grass and Analytics on the Field http://www.sporttechie.com/2016/02/19/spring-training-fresh-grass-and-analytics-on-the-field/
SAS Training and Books http://support.sas.com/learn/
The Masters of Disaster® podcast is produced and hosted by Leona Lewis, Founder of ComplyEthic Consulting www.complyethic.com firstname.lastname@example.org
Ricardo Pellafone is Founder and Creative Director at Broadcat, a legal services firm making legal and compliance accessible to non-lawyers. Broadcat makes simple, graphic content that helps employees learn their legal and compliance obligations in seconds through visual content and infographics without having to sit in front of a computer or a training room. In graphics, Ricardo matches the risks with real tasks people need to perform, simplifying the message that needs to be delivered and allowing information to be quickly absorbed.
Simplifying compliance content is not easy. It takes mastery of the legal content to tell people what they need to do to support compliance. In this interview, Ricardo explains what needs to be considered in to create effective training, in addition to enjoyable training. We also discuss governance of compliance programs and the difference between “communication” and “training.” Ricardo also gives listeners the very good advice to get out from behind their desks as much as possible to get to know the business people directly.
Broadcat can make learning about suspicious invoices simple and enjoyable. See Broadcat’s work here http://www.thebroadcat.com/library/ Also, do not overlook Ricardo’s interview with Compliance and Ethics Professional, a copy of the interview is available here http://www.thebroadcat.com/s/March-CE-MagazineBroadcat-Cover.pdf
Ricardo Pellafone is a former Associate General Counsel WD, a Western Digital Compan,y where he built out WD's compliance investigations program and drove the content for communications and media efforts. He was also the first global compliance lawyer for the Mubadala Group, a job that was more fun than the phrase "compliance lawyer" suggests, leading investigations for a sovereign wealth company in Abu Dhabi.
Ricardo Pellafone email@example.com