UK experts divided over sudden rise in whistleblower reports
The UK has seen a massive rise in whistleblower reports from workers making claims at employment tribunals, but experts say it is unclear whether this reflects the success of speak-up channels and whistleblower protection, poor corporate governance, or AI enabling quicker complaints.
ECI-CW TPRM 2026: The two sides of the coin in AI risk management
Panelists at ECI Compliance Week’s TPRM summit warned AI’s randomness and bias can undermine due diligence, while vetting vendors’ AI governance becomes increasingly essential.
BDO 2026 Board Survey: Keeping pace with AI is a top challenge
Keeping pace with artificial intelligence and emerging technologies is the most significant challenge corporate boards expect to face, alongside many other competing board priorities, according to BDO’s 2026 Board Survey.
Experts warn of ‘compliance conflict’ between GDPR and companies’ AI use
Companies have spent the past decade considering why they collect, use, and retain personal data to comply with the GDPR, only to find that their rapid adoption of AI may be putting those efforts at risk.
Webull pays $4.2M to settle allegations of AML, ID theft failures
Webull Financial failed to have reasonably designed programs for AML and identity theft protection and will pay a $4.2 million fine, FINRA alleged Thursday.
Financial Stability Board sets out 12 ‘sound practices’ for FS firms’ AI adoption
The Financial Stability Board has issued a report outlining 12 “sound practices” financial institutions should consider for responsible AI adoption.
PCAOB publishes agendas for setting standards and rules following first public consultation
The PCAOB has updated its agendas for standard-setting, research projects, and rulemaking. The update follows the board’s first-ever public consultation.
Toast misled subscribers about strength of customer service, FTC alleges
Toast, a company that provides payment-processing software to restaurants, charged hidden fees, made it difficult for restaurants to cancel their subscriptions, and didn’t offer the customer support it promised, the FTC and eight states alleged in a complaint.
Banking experts see Trump’s fingerprints on OCC’s ‘debanking’ report, call reputation risk very real
Experts see political motivations in an Office of the Comptroller of the Currency report finding the nine largest US banks denied services over reputation risk.
Extreme Networks accepts DOJ “near-miss” non-prosecution agreement for alleged sanctions violations
An alleged lack of compliance due diligence at Extreme Networks led the company to commit multiple sanctions violations, the US Treasury’s Office of Foreign Assets Control and the DOJ said, imposing penalties of more than $2.5 million.
Compliance spend on AI rising, but fears about accuracy, reliability remain
Organizations are increasing their investments in AI to support compliance and due diligence, but many remain wary of the reliability and accuracy of the technology’s outputs.
UK SFO strengthens guidance on corporate self-reporting for fraud, bribery, and corruption
The UK’s Serious Fraud Office published guidance to support companies that self-report fraud, bribery, and corruption, including a new email route to its general counsel.
Conflicts of interest controls failing to keep up with private markets complexity, says UK financial regulator
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.
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.
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.
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.
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.
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.
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.
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.
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