“Many issues in the M&A context are driven by the acquired company and usually arise due to the acquiring entity not paying enough attention during the pre-acquisition phase . . . This issue is one of the reasons the (DOJ) has put such important stock in the pre-acquisition phase so that the company needs to perform compliance due diligence and a risk assessment, which will inform the entire process.”READ HERE Part 2: Ethical Fit: What Impact Do M&As Have on Both Parties?
“Over the past few months, senior leaders at both the Department of Justice (DOJ), and Securities and Exchange Commission (SEC), have given speeches discussing the need for appropriate corporate culture around compliance. So, this brings up our first question for our next five-part blogpost series, what is corporate culture?
My colleague Eric Feldman believes “culture is everything” for an organization; culture is the foundational internal control, without which all your other controls are likely to be ineffective.
This means corporate culture is the way things really are in an organization and the way things really work.
CONVERGE19 is in its 4th year of bringing together the world’s leading companies for 2 days of dynamic speakers, thought-provoking breakout sessions, and opportunities to connect with like-minded professionals. Attendees will leave the conference with new resources and best practices allowing you to continue the hard work of driving ethics to the center of your business.
AMI’s Eric Feldman and Jay Rosen will both be speaking during the conference, and Deb Waugh (Director of Assessment Services) and Lara Rose (Compliance Analyst) will be in attendance representing AMI’s healthcare monitoring division.
Jay Rosen will be speaking in a panel at 1:15 on Day 1:DOJ Guidance Best Practices
The new DOJ guidance contained some subtle but impactful messages for the E&C community.
“The size of the health care industry accounts for almost 20 percent of our economy . . . When you have lots of money being spent in an industry, there is always the potential for fraud, waste and abuse. Now, overlay this with the public money involved, and there is the potential for a False Claims Act or government action, whether civil or criminal.
Independent integrity monitoring can proactively assess compliance programs and culture and identify potential areas of compliance risk.
SCCE’s annual Compliance & Ethics Institute is the primary educational and networking event for compliance professionals across all industries around the world. Each year they host more than 1,600 attendees from 40 countries.
Leading industry experts cover real world compliance issues, emerging trends, and practical applications. Learn about current hot topics such as global antitrust compliance, Office of Foreign Assets Control (OFAC) sanctions, artificial intelligence, and preventing harassment and discrimination.
AMI’s Jay Rosen will be leading a discussion group on Monday September 11th at 10am:
Secrets from In-House Ethics & Compliance Buyers: How to Keep the Gate and Your SanityLearn how to manage vendor relationships to maximize their value proposition and minimize persistent and time consuming sales pitches. Vendors believe they can make a buyer’s life easier, but they must listen for “buying or non-buying” cues and modulate their contact proportionately.
If you have a compliance and ethics program of any size, odds are good that you need a solution provider to help your program function fully. Manage the vendor search and relationship well, and if you’ve done yourself and your program a great service. Manage it badly, and you’ve created a nightmare.
Jay Rosen of Affiliated Monitors knows the challenge well, having been a buyer of solutions and currently as a vendor to the compliance and ethics community.
In this podcast – a preview of his session at the 2019 Compliance & Ethics Institute — he outlines how to make the vendor relationship a healthy one, beginning even before you begin a search. He advises that buyers reach out to their peers to learn what is working for them and the options in the marketplace.
In this special five-part podcast series, sponsored by Affiliated Monitors, Inc., Tom Fox visits with AMI’s Jay Rosen. In this series they introduce the role of independent integrity monitors and corporate monitorships; discuss both pre-settlement and post- resolution monitorships and their different applications; considerations a company should take in hiring a monitor and cost reflections for monitorships.. Listen to the full series below, or wherever you listen to podcasts.Day 1:
In Part 1, we introduce the role of independent integrity monitors and corporate monitorships.Day 2:
In this Episode 2, we consider the use of monitors in the post-resolution phase. Some of the highlights from this podcast include:What is a monitorship in the FCPA Context? Complying with Consent Decrees When does post-resolution monitorship have the impact of a pre-settlement monitorship?
In this five-part podcast series, Jay Rosen and Tom Fox consider some of the basic questions around monitors and monitorships. In Part 5, they discuss cost considerations when working with a monitor, and provides strategies to understand, plan and manage them.
Listen below, or on the FCPA Compliance Report website.
in Episode 4 of a five-part podcast series on Everything You Wanted to Know About Monitors But Were Afraid To Ask, where Jay Rosen discusses considerations when hiring a monitor, such as expertise, balancing of interest and many others.
Listen below, or on the FCPA Compliance Report website.
Jay Rosen begins a deep dive into health care monitoring and how the proactive use of a health care monitor can positively impact all stakeholders: the regulators, the industry itself and the consumers of health care services, the public.
Independent integrity monitoring can be particularly valuable and important in the health care sector because in many ways, health care is the perfect storm for significant compliance risks – but it also has a greater opportunity to mitigate those risks. Using an independent third-party compliance expert or monitor can be one strategy to help mitigate risks.
Health care occupies a unique space in the American business world.
The size of the health care industry accounts for almost 20 percent of our economy.