Quad/Graphics FCPA Enforcement Action

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 have a special live and in person podcast recording from Converge19. In this episode, Matt Kelly and I go into the weeds to explore the recent SEC enforcement action against Quad/Graphics and its Peruvian subsidiary. Matt comes in smoking on the egregious conduct of the company and the lack of criminal sanctions against the company.   Some of the highlights include: How did the company garner credit for prompt disclosure when it knew about the conduct for 3 years?Why have there been no criminal indictments against individuals?How many sham vendors, invoices and payments does a company need to take notice?Where was compliance?Why is it the sham-ness of it all?For additional reading see the following: Matt’s blog post, Graphics Firm Draws $10 FCPA Settlement, on Radical Compliance. Tom’s blog post, Quad/Graphics-the Sham-ness of it all, on the FCPA Compliance Report. Learn more about your ad choices. Visit megaphone.fm/adchoices