The benefits of corporate culture programs have been recognized for some time: they contribute to better corporate governance, more effective risk management, and create a better environment for compliance.
Opinion
Posted inArtificial Intelligence
Chris Dimitriadis, chief global strategy officer at ISACA, on why compliance protects global FS from AI Armageddon
AI-enabled cyberattacks could take down multiple financial service firms simultaneously in a series of “correlated failures”, posing a systemic risk to the global financial system.
Posted inBest Practices
The hidden cost of compliance leadership
There is a cost attached to senior compliance roles that does not appear in job descriptions, is rarely discussed in appraisals, and is absent from careers talks given to people entering the profession.
Posted inOpinion
Malta AML expert discusses how country is staying ahead of EU AML rules
Elena Tabone of Malta’s FIAU discusses AML/CFT supervision priorities as the unit prepares for AMLA’s 2028 rollout, new EU rules in 2027, a MONEYVAL evaluation, and rising AI-enabled fraud risks.
Posted inOpinion
Opinion: SCOTUS slaughtered federal agency independence: What it means for compliance officers
One ruling is all it took for the U.S. Supreme Court to slaughter the independent, bipartisan operations of a federal agency and introduce significantly more regulatory upheaval for the compliance profession.
Posted inWhistleblowers
National Whistleblower Day: Closing the gap between policy and practice
Every year around this time, I think back to conversations I’ve had with employees who chose to report a concern, and what it actually took for them to make that call. Almost none of them describe the decision as simple.
Posted inSanctions
Sanctions are evolving fast. Ashurst Perkins Coie’s Jamie Schafer on why compliance is more critical than ever
Jamie Schafer, co-chair of the regulatory compliance and disputes practice at Ashurst Perkins Coie in Washington, D.C., explains why compliance teams must be involved at strategic and product level and where to expect new risks to emerge.
Posted inBest Practices
Brazil’s National Data Protection Authority: How regulators investigate and enforce its data protection law
In June of this year, Brazil’s National Data Protection Authority opened an administrative enforcement proceeding against Claro, one of the country’s largest telecom carriers, over the sharing of customer data with Serasa, the largest credit bureau in Latin America.
Posted inBest Practices
Practitioner lessons from Prudential Life of Japan’s scandal
Prudential Life Insurance’s scandal in Japan attracted limited attention in the West when it broke in January, but six months on, it has become one of the most consequential compliance failures seen this year.
Posted inBest Practices
The Reverse Information Paradox: The role of compliance in AI governance
AI use creates hidden knowledge transfer to providers, raising governance, IP, and third-party risk issues. Compliance officers need to define ownership boundaries and contract protections around AI interactions.
