Meredith McMonigal on Setting Gifts and Entertainment Policies [Podcast]




Compliance Perspectives show

Summary: By Adam Turteltaub<br><br> adam.turteltaub@corporatecompliance.org<br> Few issues are more complex or more open to small things turning in to very big problems than gifts and entertainment policies.  Even the seemingly smallest gift to a government official can open up a very large can of words.<br> To bring perspective on this compliance challenges, we spoke with Meredith McMonigal U.S. Gifts &amp; Conflicts of Interest Officer at the engineering firm WSP.  Meredith had recently been involved in a comprehensive review of the WSP gifts and entertainment policy.<br> Listen in on this podcast as she discusses:<br> <br> * The importance of coordinating gifts and entertainment policies both globally and locally<br> * Managing differences between working with the private and public sectors<br> * The importance of starting with the global policy and ensuring consistency<br> * Ensuring that the policy will work operationally<br> * Viewing the policy as a work in progress so that it can evolve to meet unanticipated situations<br> * Using employee training to both share the policy and to learn about issues that you may not have considered<br> * Being mindful of client gift and entertainment policies, as well as for conflicts of interests<br> * The value of having a gift registry<br> * Using the registry to automate compliance auditing and monitoring<br> <br>