Promoting a Culture of Compliance
Bribe, Swindle or Steal
Alexandra Addison-Wrage of TRACE International
4.9 • 582 Ratings
🗓️ 8 May 2019
⏱️ 23 minutes
🧾️ Download transcript
Summary
Jonathan Drimmer, currently the Chief Compliance Officer of Barrick Gold Corporation, describes practical, effective steps toward building and sustaining a culture of compliance.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome back to the podcast, bribes, swindle, or steel. |
| 0:08.0 | I'm Alexander Raghi, and today we're talking about creating a culture of compliance. |
| 0:13.0 | My guest is Jonathan Drimmer. |
| 0:15.0 | Jonathan is currently the chief compliance officer of Barrick Gold. |
| 0:19.0 | The company is based in Toronto with mining operations and projects |
| 0:22.3 | in 15 countries. Prior to joining Barrack, Jonathan had a long stretch with a major law firm, |
| 0:27.8 | and he'll be returning to that world in Paul Hastings' Washington office later this month. |
| 0:32.8 | Jonathan, thanks so much for joining me. Thank you, Alexander. Pleasure to join. |
| 0:37.1 | Why don't we start, if you would, by describing what a culture of compliance looks like. |
| 0:43.3 | Are there characteristics that we can identify, or is this really a matter of knowing it when you see it? |
| 0:49.0 | Really, when it comes down to a culture of compliance, I guess it's best to start with why do we care about it? And the |
| 0:56.3 | reason we care about it is it goes to the core of how it is we get people to comply, how it is |
| 1:02.2 | we get people to do what it is we want them to do consistent with our policies and procedures, |
| 1:08.1 | which hopefully track legal requirements and the overall set of company |
| 1:12.5 | values. And traditionally, companies had, and this includes Berwick and others in the extractive |
| 1:18.3 | space, relied heavily on rules, rules-based processes to generate people to follow the direction |
| 1:25.7 | that ultimately we want them to go. And increasingly, |
| 1:28.6 | as we've seen and tested programs to determine effectiveness, what we've discovered is that culture |
| 1:34.7 | is as or more important than the rules themselves. And we talk about culture of compliance, |
| 1:41.4 | what we really mean is an overall environment that's fostering |
| 1:46.1 | ethical behavior, instilling in every employee the understanding and the obligation to do what's |
| 1:52.7 | right regardless of what the law says, regardless of what the rules say, regardless of who's |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Alexandra Addison-Wrage of TRACE International, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Alexandra Addison-Wrage of TRACE International and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

