S2:E1 | The Practical Tilt of An Effective Compliance Program

Welcome back to The Securities Compliance Podcast! As we kick off Season 2, we begin by reviewing a recent report from the Congressional Research Service looking at the SEC’s current guidance on ESG and help break down an incredibly challenging couple months in this area.

For our feature interview, we welcome in New York City Attorney and compliance expert, Richard Chen. Together we discuss the practical tilt of running an effective compliance program and how compliance officers can be more productive.

To wrap up the first episode of Season 2, we offer another installment of the History Has Your Back segment where we look back at the dating life of Warren Buffett, a quote from the most famous citizen of Motunui, and a good lesson in both life and compliance.

Headlines

CRS Reviews SEC Disclosure Policy and Practice on Climate Risk
Recent Timeline of SEC statements regarding ESG
Future state of ESG and avoiding regulation by enforcement

Interview

Setting priorities using the Eisenhower principle.
Compliance calendars and time management.
Identifying the Proper Allocation of Resources:
Automation and the use of technology
Cutting and delegating compliance responsibilities
Collaborating with firm leadership and other business units
How CCOs can protect themselves
Fostering a culture of compliance within your organization

History Has Your Back

Pitfalls in the dating life of Warren Buffett
Navigating the separation between work and personal life

Quotes:

““I think that one of the helpful frameworks I use is called the Eisenhower Principle, which categorizes tasks based on whether they’re important or urgent.”

“...As compliance professionals, we are collaborative. We all want to get to the same place and so, it’s important for us to each put in what we know best about what’s going on, in order to perform effectively.”

Resources:

Compliance in Context