A recent survey by Compliance Week revealed that nearly 70 percent of organizations use AI, but do not have adequate AI governance. This is shocking. But the most alarming part is that these organizations do not perceive that...more
12/20/2024
/ Artificial Intelligence ,
Bad Actors ,
CFTC ,
Class Action ,
Compliance ,
Cybersecurity ,
Deep Fake ,
Equal Employment Opportunity Commission (EEOC) ,
Financial Institutions ,
Governance Standards ,
Insurance Industry ,
Penalties ,
Securities and Exchange Commission (SEC)
On September 23, 2024, the U.S. Department of Justice (“DOJ”) released updates to its Evaluation of Corporate Compliance Programs (“ECCP”) guidance. In a move that surprised no one (especially if companies have been reading...more
10/9/2024
/ Artificial Intelligence ,
Compliance ,
Corporate Governance ,
Department of Justice (DOJ) ,
Emerging Technologies ,
Employee Training ,
Enforcement ,
Guidance Update ,
Penalties ,
Policies and Procedures ,
Popular ,
Risk Assessment ,
Risk Mitigation
Bank mergers and acquisitions are becoming a regular part of life in the banking industry, especially for smaller and medium-sized organizations. They provide significant opportunities for institutions to expand their...more
1/18/2023
/ Acquisitions ,
Anti-Money Laundering ,
Audits ,
Banks ,
Compliance ,
Consumer Protection Laws ,
Financial Crimes ,
Financial Institutions ,
FinTech ,
Infrastructure ,
Integration ,
Investment ,
Know Your Customers ,
Lending ,
Mergers ,
Penalties ,
Regulatory Standards ,
Risk Assessment ,
Risk Management