- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-12-06T17:27:00
Finance executives and general counsel alike say their firms and leadership teams are unprepared for the risks and benefits of artificial intelligence (AI), according to two recent surveys.
More than half of 250 U.S. finance and accounting executives and senior managers said they lacked the analytical skills needed to take full advantage of AI programs, a recent survey by Paro.ai found.
About 57 percent of respondents said their firms were already using AI, according to the poll conducted in September. But 53 percent said their finance teams lacked the advanced skills required to apply AI in their work.
2023-12-05T16:00:00Z By Kyle Brasseur
Emerging technologies like automation and generative AI are on the radar as difference-makers for businesses serious about keeping pace with increasing regulatory scrutiny toward third-party due diligence and sanctions compliance, a survey conducted by Compliance Week and Certa found.
2023-11-29T16:00:00Z By Adrianne Appel
Most compliance professionals say their teams are not using artificial intelligence to assist with compliance obligations, according to our “Inside the Mind of the CCO” survey.
2023-11-20T20:16:00Z By Adrianne Appel
The Securities and Exchange Commission has not yet implemented rules governing use of artificial intelligence but still expects regulated entities to adhere to commonly accepted practices, including disclosure, said an agency enforcement official.
2025-05-27T17:13:00Z By Ian Sherr
The world is rapidly changing. The European Union is stepping up rules and enforcement, while the United Kingdom is charting its own course. And now the United States is taking a third tack, with unclear regulation enforcement under a mercurial Donald Trump’s second term as president underway.
2025-05-27T17:13:00Z By Aaron Nicodemus
An overheated demand for compliance officers in the post-Covid era finally cooled off in 2024, according to Compliance Week’s Inside the Mind of the CCO survey.
2025-05-27T17:13:00Z By Aly McDevitt
At a time when the Trump administration is rewriting many of the rules, the compliance function is being embraced as a strategic partner to the C-suite and board, Compliance Week’s 2024 “Inside the Mind of the CCO” survey shows. The new objective: risk-assess the implications of Trump’s confetti of executive ...
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