A few weeks back the U.S. Financial Crimes Enforcement Network (FinCEN) published a bulletin urging financial firms to do better at identifying deepfakes that fraudsters might use to evade customer due diligence programs. The...more
11/27/2024
/ Anti-Money Laundering ,
Artificial Intelligence ,
Compliance ,
Deep Fake ,
Due Diligence ,
Enforcement ,
FinCEN ,
Fraud ,
Internal Reporting ,
Popular ,
Regulatory Requirements ,
Risk Management
Ethics and compliance officers have long had an uneasy relationship with corporate sustainability efforts, mostly because most compliance officers aren’t quite sure they want – or know how to handle – responsibility for it. ...more
7/11/2024
/ Carbon Emissions ,
Contract Management ,
Cybersecurity ,
Environmental Social & Governance (ESG) ,
Forced Labor ,
Human Rights ,
Human Trafficking ,
Modern Slavery Act ,
Policies and Procedures ,
Popular ,
Risk Management ,
Supply Chain ,
Sustainability
Explaining how a strong culture of ethics and compliance can help your enterprise to succeed is tricky business. So imagine my delight when I came across a recent speech from a banking regulator who did exactly that....more
The rise of artificial intelligence – and specifically of generative AI, which can create entirely new images, sounds, and text with just a few prompts – was the most important technology development of this decade. The...more
In October, deputy attorney general Lisa Monaco made headlines when she announced a new leniency policy at the U.S. Justice Department for companies that disclose compliance violations discovered during mergers and...more
11/30/2023
/ Acquisitions ,
Bribery ,
Clawbacks ,
Compensation ,
Compliance ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Economic Sanctions ,
Mergers ,
Penalties ,
Popular ,
Price-Fixing ,
Sanction Violations
Compliance and technology executives, we need to talk. Or, more accurately, you need to talk more often – to each other.
In the last 18 months, the Securities and Exchange Commission sanctioned three companies for making...more