CCOs are more likely to report to the general counsel or legal department within their organization than to any other executive or governing body, according to the 2025 Inside the Mind of the CCO survey.
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Posted inArtificial Intelligence
No new rules as U.K. financial services sector champions AI
There are no new rules on the horizon as U.K. financial services firms embrace “AI-enabled, continuous and delegated services,” but a report warns that the technology could reshape the sector by 2030 in terms of how firms operate, consumers make decisions, markets compete, and risks emerge.
Posted inRegulatory Enforcement
FTC warns companies about ‘Made in USA’ labels
Seven companies received warnings Monday from the FTC for falsely claiming their products were made in the United States.
Posted inESG/Social Responsibility
Compliance must focus on due diligence as U.K. aligns with EU deforestation laws
Products using wood, cattle, cocoa, coffee, palm oil, rubber and soy are set to come under new U.K. deforestation legislation.
Posted inRegulatory Enforcement
ESMA fines Moody’s $2.45M over misreporting errors
Moody’s Germany has been hit with a $2.45 million by the EU’s financial markets regulator for four breaches of credit rating agency regulations.
Posted inCryptocurrency and Digital Assets
U.K.’s sanctions on cryptocurrency exchanges signal new focus on illicit digital financing
Cryptocurrency exchanges believed to be financing Russia’s war in Ukraine have been sanctioned by the U.K. government in the first attempt to prevent evasion via “dark networks.”
Posted inData Privacy
Amazon fined $2.25M for failing to respond to identity theft victim requests
Amazon has agreed to pay $2.25 million for failing to provide records to customers who were victims of identity theft, as required by the Fair Credit Reporting Act (FCRA), the Federal Trade Commission (FTC) said. The fine, described in a proposed order, is the largest ever levied for an FCRA violation, the FTC said in a […]
Posted inData Privacy
GDPR 10 years on: Data compliance now front of mind
Europe’s landmark privacy legislation, GDPR, was officially adopted ten years ago and has been in force since May 2018. It has forced organizations to change the way they think about personal information and has put privacy risk firmly on the board’s agenda, especially since the sanctions available under the regime are potentially ruinous
Posted inRegulatory Policy
New rules to protect EU workers from toxic chemicals in battery, steel, rubber, and textile industries
New rules protecting workers from dangerous chemicals are set to pass into law in October following EU Council and Parliament agreement, establishing new exposure limits across the battery, steel, chemical, and textile industries and updating protective equipment standards.
Posted inWhistleblowers
CFTC proposes to amend Whistleblower Rule, signals more enforcement activity
The CFTC is seeking comment on a proposed amendment to its whistleblower rules and warned that its enforcement program will “relentlessly focus on serious violations.”
