Meta says it is no longer under investigation by the U.S. Consumer Financial Protection Bureau (CFPB), the latest instance of the agency scaling back enforcement under President Donald Trump.
Technology
Posted inEurope
Complying with the EU Data Act – What companies should know
Companies could face significant compliance challenges in trying to meet new EU legal requirements about how companies share data with third parties.
Provided by
Compliance Career Forum
A one-day virtual event exploring how the career path for compliance professionals is changing, and what compliance professionals should be doing now to assure career success and security for years to come.
Posted inRisk Management
The CFO, AI, and the New Compliance Frontier
As CFOs use AI to streamline operations, they face new compliance risks tied to accountability and algorithmic governance. CCOs must work with them to ensure transparency and oversight throughout adoption.
Posted inEurope
New EU Data Act may impact companies’ GDPR compliance efforts
New rules that have recently come into effect across the EU will allow for greater transfers of data between companies, though experts fear the changes could conflict with Europe’s strict privacy legislation, which protects personal information.
Posted inTechnology
AI hallucinations in Deloitte Australia report highlight important role for compliance
“Hallucinatory” citations and errors in an AI-assisted report produced by Deloitte for the Australian government should be a wake-up call for compliance officers about the risks of placing too much trust in AI.
Posted inTechnology
Q&A with Olga Kozak-Anlar of Robinhood Markets
Compliance Week Editor-in-Chief Aaron Nicodemus recently interviewed Olga Kozak-Anlar, Compliance AI Lead at Robinhood Markets Incorporated, about her role at Robinhood and the company’s use of AI.
Posted inRisk Management
Employee use of ‘shadow AI’ poses significant risks for companies
Companies face increased risk of cyberattacks, data loss, and even regulatory action because employees are using unapproved “shadow AI” tools to help with work-related tasks.
Posted inRisk Management
Shadow AI: Another element of TPRM
Companies may face significant financial and legal risks if they fail to vet suppliers and third parties over their use of unauthorized AI and how the technology may use and share their corporate data.
Posted inTechnology
What compliance can learn from a 95 percent AI pilot failure rate
Compliance professionals have long known that systems fail when governance does. An MIT study’s finding that 95 percent of enterprise artificial intelligence (AI) pilots fail underscores how essential compliance-grade discipline is to the success of emerging technologies.
