With the new year under way, we highlight some focus areas of accounting and audit regulators—SEC, PCAOB, and FASB—that should be top of mind for boards of directors.
In sum, federal agencies should reject “rigid, design-based regulations” in favor of flexible approaches to artificial intelligence applications.
CW Editor in Chief Dave Lefort offers 10 predictions on what will dominate compliance headlines in 2020.
An updated cloud computing standard from the Financial Accounting Standards Board will clarify expenses associated with Web hosting arrangements for cloud computing.
With the clock ticking toward the Jan. 1 implementation date, Compliance Week and ACA Aponix asked 100 compliance practitioners whether their company would be CCPA compliant by the deadline. Their collective answer? Nope.
From antitrust and privacy concerns in the tech world to compliance officer liability in the pharmaceutical industry to unethical practices in the banking and accounting professions, more than a dozen companies made Compliance Week’s list of the biggest compliance fails in 2019.
Strong social stances, a dedication to doing what’s right, and leading by example highlight the qualities exemplified by our list of ethics and compliance winners of 2019.
Changes in the interests of our audience over the last several years help us to understand how much compliance officers must evolve in their jobs to meet the demands of a given time.
Big Tech can breathe a sigh of a relief that the mechanisms it uses to transfer data outside of the European Union to “third countries” provide sufficient privacy protection, according to a key advisor to the EU’s top court.
A popular bill intended to crack down on illegal robocalls has passed House and Senate votes with overwhelming majorities and will soon make its way to President Trump’s desk for final approval.
The CCPA has been rushed from the start, says CW Editor in Chief Dave Lefort, who believes the California attorney general’s plan to give leniency for companies making good-faith efforts is the right call.
There may be many aspects of the future outside our influence, but something we can control is our ability to invest in our knowledge and skills to better prepare us for the opportunities and challenges we may be presented with.
Big technology firms like Amazon, Facebook, Twitter, and Google are a potential risk if they get more heavily involved in providing financial services, says the Financial Stability Board.
You need help managing your third parties, and over the course of two days in San Francisco, we hope to help you find the answers to the questions that keep TPRM stakeholders up at night.
Republicans and Democrats have differing opinions on the rights and role of a federal privacy law, but both sides agreed at a Senate Commerce Committee hearing Wednesday the time to act is now.
“Message received,” SEC Chairman Jay Clayton said as panelists at his discussion on global macroeconomic trends emphasized how technology is affecting markets and why regulators must lead rather than follow.
The U.K. Information Commissioner’s Office has released guidance that lays out four principles—based on the GDPR—companies must consider when applying AI to their systems.
Compliance Week is making some changes to its annual awards for 2020, evolving the “Top Minds” recognition into a full-blown, specifically targeted awards program dubbed “The Excellence in Compliance Awards.”
Senate Democrats have proposed a new federal data privacy bill that seeks to empower consumers and support their civil rights in the digital economy.
Our second annual special report on compliance and technology addresses the challenges and opportunities posed by the continuing evolution of the compliance function and the advanced tools that both power it and make it infinitely more complex.
Learn about the skill sets needed for compliance roles to succeed in the future, why security is becoming more important to compliance and supervision infrastructure, and compliance technology developments.
Mark Jamison of the American Enterprise Institute discusses why breaking up Big Tech would be bad for consumers, startups, and more.
Federal agencies struggle to categorize digital coins as currency, securities, commodities, property, or something else—but even as they dither, some big companies strive forward in the digital assets arena.
Applications that serve women’s health needs could soon be held to a higher standard of accountability for protecting users’ data if they become classified as “covered entities” under HIPAA.
Artificial intelligence can undoubtedly improve processes and create efficiencies, but it can also be an enormous risk if it’s not designed with ethics in mind.
Machine learning isn’t something that’s going to happen—it’s already happened. Ali Shah, head of tech policy at the U.K. Information Commissioner’s Office, discusses how artificial intelligence will impact regulators.
A recent survey says a majority of Americans don’t trust data privacy policies and procedures, even while U.S. companies are hastening to enhance them in advance of the California Consumer Privacy Act’s implementation.
With a new wave of privacy laws empowering consumers to police their own data, companies are facing increased risk in areas they might not have considered.
It’s been 18 months since the General Data Protection Regulation went into effect, and still no violations have come out of Ireland. Is the Emerald Isle dragging its feet? CW Editor in Chief Dave Lefort attempts to answer that question.
Officials from a pair of EU data privacy sanctioning bodies stressed importance of data protection officers and good-faith efforts to comply with GDPR.
It’s go-time for compliance as the clock ticks toward the Jan. 1 effective date of the California Consumer Privacy Act.
A new survey shows the use of personal devices and contemporary communication platforms are par for the course in work settings; yet 45 percent of firms feel they are incessantly behind the eight-ball when it comes to managing electronic message compliance.
Don’t expect a plug-and-play technology solution to this complex new problem.
Smart uses of data analytics show companies can not only improve their compliance programs with technology, but actually create bottom-line results for their companies as well.
Microsoft has updated the privacy provisions of its commercial cloud contracts amid a European Data Protection Supervisor investigation that revealed “serious concerns” in its preliminary findings.
The National Highway Traffic Safety Administration has launched an investigation into electric-car company Tesla over potential battery defects that allegedly cause its vehicles to suddenly burst into flames.
An expert sheds light on behavioral science-driven solutions that help businesses prepare for a breach before it happens.
For those unfamiliar with the vernacular involved with cyber-security and the methods by which bad actors attempt to access restricted data, we present this glossary of common terms.
Results of Compliance Week’s second annual technology survey suggest companies are moving along the technological maturity curve in ways that are both quantitative and qualitative compared to last year.
While many industries have become fixated with the potential of AI – including the field of corporate due diligence – asking if it will replace the human component may be the wrong question.
Those in accounting who want to understand better the inherent risks, threats and vulnerabilities, and internal control best practices associated with the use of blockchain technology now have a first-of-its-kind framework to follow.
In a blog post this week, Microsoft announced its intention to extend the core rights of the upcoming California Consumer Privacy Act to its customers across the United States.
Fear and frustration were prevalent among Fitbit owners after its pending acquisition by Google was announced. Given the tech giant’s recent privacy lapses, it’s tough to blame them.
The Department of Justice’s top antitrust official warns tech giants the government is being “extra vigilant” about sniffing out anticompetitive behavior deriving from mass data collection, mindful of its harmful effects on both users and competitors.
It started with call centers, human resource management, such as payroll and training, followed by IT and the cloud and now…compliance? Is the compliance department the next function that starts outsourcing its time and labor-intensive processes to a third-party vendor?
At a recent virtual conference, Michael Duran, chief ethics and compliance officer at 3M, shared in candid detail lessons learned from the company’s journey toward predictive analytics.
IBM announced it has designed the world’s first financial services-ready public cloud and is welcoming financial services institutions and their suppliers to join. Bank of America is already on board.
The Responsible Sourcing Blockchain Network announced its digital supply chain for cobalt has moved beyond pilot phase and is progressing toward use in live production computing environments from spring 2020, just as Volvo joins as its newest member.
Australia’s competition regulator has filed a lawsuit against Google for alleged misrepresentations regarding user data collected in relation to location services on Android devices.
Compensation structures continue to evolve, with new and added award types, a greater demand to tie pay to performance, more complex accounting, and more time being spent addressing participant questions and issues.