- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-01-12T20:32:00
Data-driven compliance is the use of analytics on a corporation’s data to better identify risks, respond to those risks, test the effectiveness of internal controls, and report to internal and external stakeholders.
Once an aspirational goal available to only the most forward-thinking and well-funded programs, data-driven compliance has become more accessible, thanks to huge leaps in technology made by artificial intelligence (AI) tools.
Agencies like the Department of Justice (DOJ) and Securities and Exchange Commission, through speeches and enforcement actions, are pushing companies to better analyze their own corporate data. As a result, the use of data analytics is moving from best practice to table stakes for compliance programs at major companies.
2024-03-04T16:17:00Z By Aaron Nicodemus
Andrew McBride, former chief risk and compliance officer at chemical company Albemarle Corp., joins the Compliance Week podcast with Aaron Nicodemus to preview his session at CW’s National Conference in Washington, D.C.
2024-02-22T19:33:00Z By Kyle Brasseur
On the heels of a warning by the deputy attorney general that the agency will seek stiffer penalties in cases involving the misuse of artificial intelligence, the Department of Justice announced Jonathan Mayer as its first chief AI officer.
2024-02-20T14:55:00Z By Aaron Nicodemus
Recent enforcement actions offer guidance on what the Department of Justice considers to be an “imminent threat” of disclosure or government action, what it means by “prompt” disclosure, and how a company can earn credit for revealing all relevant facts.
2025-05-29T16:07:00Z By Aaron Nicodemus
Corporate governance is, all too often, handed down from generation to generation. Like a well-worn jacket, it works great—until it doesn’t. Typically, it is a crisis that forces companies to reassess their corporate governance framework, as gaps are filled and poor policies rewritten. But it doesn’t have to be that ...
2025-03-10T20:56:00Z By Adrianne Appel
The public reported a 25 percent increase in losses–totaling more than $12.5 billion in 2024–to investment scams, tech rip-offs, and general fraud, according to an analysis by the Federal Trade Commission.
2025-01-08T17:13:00Z By Jeff Dale
Portuguese bank Novo Banco, S.A., fired Chief Risk Officer Carlos Jorge Ferreira Brandão “with just cause” after an internal probe discovered “suspicious financial transactions” in his sphere.
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