The next phase of AI regulation will not wait for the Executive Branch, Congress, or the lawyer at the end of the release cycle. Compliance evidence has to be assembled while the system assembles, or it will not assemble fast enough.
AI
Posted inRisk Management
AI governance: The new compliance imperative
Artificial intelligence has moved from the innovation lab to the operating core of the modern enterprise. That shift has profound implications for corporate compliance professionals. AI is no longer simply a technology issue for the CIO, a legal issue for the general counsel, or a cybersecurity issue for the CISO. It is now a governance […]
Posted inBest Practices
AI, finance and the new compliance mandate in APAC
A new report tells a story that compliance professionals should read carefully. While the report focuses on finance leaders across Asia Pacific, the real lesson for compliance is much broader: artificial intelligence is no longer a future-state technology discussion. It is now an operating model, risk management, governance, and controls issue. For CCOs, that means AI must move from the innovation agenda to the compliance agenda.
Posted inArtificial Intelligence
U.K. joins global trend for AI-enabled regulatory supervision
The U.K. financial regulator is expanding its remit and planning to deploy AI to manage its increased workload. This is part of a global trend and has significant compliance implications.
Posted inOpinion
Gartner director Stuart Strome on how compliance can shift from the ‘no’ department to an instigator of innovation
AI governance is crucial to organizational innovation, according to Stuart Strome, director at Gartner. Businesses that lead corporate governance initiatives around AI will be better placed to manage regulatory risks and facilitate technological advances without increasing friction.
Posted inBest Practices
A framework for human-accountable automation in vendor oversight
Artificial Intelligence is accelerating the oversight of third parties, allowing for faster workflows, more consistency and more scalable decision-making. It may also help reinforce ethical standards by making certain checks more systematic.
Posted inSurveys & Benchmarking
CW survey: Compliance teams struggling with AI implementation and trust issues
As companies push employees to use Artificial Intelligence tools to boost efficiency, many organizations are encountering challenges in implementing the technology. A new Compliance Week and konaAI survey found that the most common obstacles were practical and operational issues tied to existing compliance infrastructure.
