UK private markets firms are managing conflicts of interest inconsistently and need to prove they are treating investors fairly, according to a new report from the UK Financial Conduct Authority.
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Posted inRegulators
ECI-CW TPRM 2026: DOJ’s Duva urges C-suites to fully fund compliance
It’s critically important that boards and C-suites approve ample resources for compliance, Assistant Attorney General A. Tysen Duva, head of the DOJ Criminal Division, said Wednesday at the TPRM Summit.
Posted inArtificial Intelligence
Fears grow over companies’ use of cheaper, potentially dangerous Chinese AI
Regulators and national authorities worry that companies may be unwittingly exposing themselves to significant risk by adopting cheaper Chinese-made AI tools or using available “open-source” software that may also rely heavily on Chinese AI.
Posted inRegulatory Enforcement
Trump administration has dropped or reversed 205 corporate enforcement cases, Public Citizen finds
The Trump administration has terminated or reversed 205 corporate enforcement cases, to date, including federal criminal investigations, lawsuits, and previously resolved settlements reached under the Biden administration.
Posted inAccounting & Auditing
Deloitte Cyprus named in leaked documents for advising on sanctioned oligarch’s fake accounts
Deloitte Cyprus has been accused of signing off on faked documents that enabled sanctioned Russian billionaire Roman Abramovich to conceal around $672 million.
Posted inTop Stories
FTC and 20 states sue Dollar General for allegedly overcharging customers
Dollar General routinely and knowingly overcharged customers, the FTC and 20 states allege in a complaint.
Posted inRegulatory Enforcement
CVS’s $315M opioid settlement brings compliance lessons
CVS reached a $315 million settlement with the U.S. government for failing to implement safeguards against illegally dispensing controlled substances, offering lessons for compliance teams at U.S. retail pharmacy chains.
Posted inArtificial Intelligence
AI leaders fear rapid tech deployment is encouraging staff to bypass governance processes
Human compliance risks are a critical weakness in AI governance. According to an EY US report, 47% of AI decision-makers know their organization has bypassed corporate governance processes to deploy AI faster.
Posted inTop Stories
New Manhattan DA team is aimed at corporate crime
The Manhattan District Attorney’s Office has launched a Corporate Crime and Antitrust Task Force to focus on complex fraud and misconduct investigations.
Posted inTechnology
European regulators warn about prediction markets, showing divergence from the US
Prediction markets may have become a booming industry in the United States, but the EU and UK remain reluctant to embrace them because of the inherent risks of supervising them and the potential harm they could cause consumers.