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Data Management Risk Management White Collar Crimes

Thomas Fox - Compliance Evangelist

Why Data-Driven Culture is the Future of Compliance

The DOJ’s message from the 2024 ECCP is clear: if companies want to maintain credibility, mitigate risks, and avoid scrutiny, they must embrace data analytics to support and document their compliance efforts. This evolution...more

Thomas Fox - Compliance Evangelist

Data-Driven Compliance – From Cutting Edge to Table Stakes

Compliance programs play a crucial role in ensuring that companies adhere to legal and ethical standards. In today’s digital age, where data is abundant and easily accessible, the importance of data-driven compliance programs...more

Thomas Fox - Compliance Evangelist

Sherlock Holmes Week: The Adventure of the Blue Carbuncle and Compliance Using Data

Welcome back to Sherlock Holmes week. It does look like I will got carried away and it will become 10 days of Holmes and compliance as I am rereading the first volume of Holmes, The Adventures of Sherlock Holmes, and I find...more

Thomas Fox - Compliance Evangelist

Creating Better Data Science in Compliance

One of the area in which many compliance programs and compliance professionals struggle is around data science. Indeed, at Compliance Week 2018, former Department of Justice (DOJ) Compliance Counsel Hui Chen said that she...more

Thomas Fox - Compliance Evangelist

Compliance patterns in raked leaves

The power of AI can extend the more traditional functions of prevention, detection and remediation. The first way is in simply the mass amount of data which could inundate a compliance practitioner. Many compliance...more

Robins Kaplan LLP

Financial Daily Dose 2.10.2020 | Top Story: Volvo May go Public Via Merger With Owner’s Geely Automobile Holdings

Robins Kaplan LLP on

Volvo’s owner, Li Shufu, is mulling over a move to combine the carmaker with his publicly traded Geely Automobile Holdings—a play that would take Volvo public and “unify the bulk of billionaire Li’s growing stable of...more

Thomas Fox - Compliance Evangelist

The Elements of Good Judgment: Part 3

Today, I conclude the topic of judgment for compliance professionals. I recently read a Harvard Business Review (HBR) article on the topic by Sir Andrew Likierman, entitled “The Elements of Good Judgment: How to Improve Your...more

Mitratech Holdings, Inc

7 Essential Compliance Management Activities

Now that the sugar and the frivolity of the holiday season have worn off, let’s talk more about the different types of compliance management activities that will ensure your obligations are met, and some of the specific needs...more

Thomas Fox - Compliance Evangelist

The Competitive (Compliance) Advantage of Data

The Department Of Justice (DOJ) and Securities and Exchange Commission (SEC) have both made it clear that they expect companies to be more robust in their use of data analytics in compliance programs....more

Thomas Fox - Compliance Evangelist

Skills for the Compliance Professional in the 2020s

Today, I want to focus on what the compliance practitioner should do to move themselves forward professionally in 2020 and beyond. I drew inspiration from the Financial Times (FT) piece, entitled “Work in the 2020s: 5...more

Robins Kaplan LLP

Financial Daily Dose 1.7.2020 | Top Story: Facebook Ban of “Deepfakes”

Robins Kaplan LLP on

Facebook wages a war on misinformation. On Monday, Facebook announced it will start removing videos altered by artificial intelligence that are likely to mislead people into thinking that a subject of the video made...more

Thomas Fox - Compliance Evangelist

AI in Compliance – Using AI to Enhance Compliance: Part 1

Last week, I penned a blog series around a special White-Collar Crime section in the July Harvard Business Review (HBR). This week, I am writing a blog post series based upon the MIT Sloan Management Review Special Report:...more

The Volkov Law Group

Data, Data and Data – How to Collect and Measure Data for Your Compliance Program?

The Volkov Law Group on

As compliance strategies evolve and improve, more attention is being paid to data and measurement of a compliance program.  Like every task associated with compliance, professionals have to be smart when it comes to this...more

Thomas Fox - Compliance Evangelist

Creating Better Data Science in Compliance – Tying it all Together

Last week I began what I thought would be a two-part exploration on creating better data science in the compliance function. However as usual, I got carried away and two blogs post morphed into three. ...more

Thomas Fox - Compliance Evangelist

Creating Better Data Science in Compliance – Blending in the Right Team Skills

Yesterday, I introduced the problem and how to build a set of talents to a better integrate a data science operation in your compliance function. Today, I want to consider how to implement those talents into an integrated...more

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