New moves from the Commerce Department suggest a full domestic ban on products from the Chinese telecom giant Huawei are forthcoming.
Webcast details: June 6, 2019 – 2 p.m. ET | CPE Credit(s): 1
GT Advanced Technologies is in trouble with the SEC for misleading shareholders about its ability to provide sapphire glass to Apple for its iPhones.
The job of compliance officer has become increasingly dominated by technology and automation. And one under constant pressure from changing regulation globally.
The way we verify our identities is changing. With traditional enterprises evolving and taking their operations fully digital, and newer all-digital businesses are growing exponentially, it makes sense that identity verification and KYC move online too. But in a remote setting, it’s hard for businesses to scale up their user ...
The second proposed data privacy regulation in the nation has failed to come to fruition for the time being.
At the upcoming CW annual conference, an expert panel will examine ways to bring regulators, firms, and innovators together to discuss how to get new ideas to the table faster and how to implement them at the same pace.
Artificial intelligence is transforming the way that companies and regulators alike tackle money-laundering and terrorist financing risk in remarkable and significant ways.
The European Data Protection Supervisor, which is responsible for enforcing and monitoring EU companies’ compliance with data protection rules, said it is has launched an investigation into the compliance of contractual arrangements between EU institutions and Microsoft.
The SEC has decided to allow a shareholder proposal demanding more information on Amazon’s use and sale of facial-recognition technology to proceed to the annual meeting’s proxy materials.
Much has been discussed about the business risks posed by cryptocurrency. Now, risk and compliance professionals have a real-life cryptocurrency pyramid scheme with which to cite.
Developments in Artificial intelligence (AI) and machine learning (ML) have brought about unprecedented insight and value to the modern enterprise. At the same time, the right to be forgotten is ensconced in the current and upcoming privacy regulations such as the GDPR and CCPA. In this webinar, experts will discuss ...
To get the full use of your data as data privacy rules increase, you need an innovative technology approach.
Despite failures, plummeting prices, and a plethora of risks, financial institutions and central banks are cautiously looking at ways to use virtual currencies. International regulators are warning them that doing so haphazardly could be disastrous.
The never-ending quest to improve audit quality has firms and the audit committees of their corporate clients eyeing how to best deploy new technologies.
The European Commission slapped Google with a €1.49 billion (U.S. $1.69 billion) fine for breaching competition rules—the third penalty in three successive years for the internet giant.
A new report by Deloitte looks at how regulators can leverage new technologies to increase their efficiency and effectiveness, all while reducing business compliance costs.
Sen. Elizabeth Warren (D-Mass.), among the ever-growing field of Democrats running for President, might not see much support from Silicon Valley. She is proposing a breakup of Big Tech firms she feels are stifling competition.
Controversial tech giant Huawei has filed a complaint in a U.S. federal court that challenges the constitutionality of government restrictions on its products.
Already under fire for data privacy lapses, Facebook, Google, and their fellow tech giants now need to worry about the prospect of retroactive merger reviews. The FTC announced the creation of a task force focused on investigating anticompetitive conduct in the tech sector.
The rise of technology within the Customer Due Diligence space is evident. There has been a significant influx of ‘Regtech’ or ‘Fintech’ businesses offering innovative software solutions to age old CDD problems. Moreover, the constant claims that Artificial Intelligence, Machine Learning and Automation can improve the CDD landscape are impossible ...
As a financial expert, you know full well that data integrity is essential. A single mistake has the potential to harm your company’s reputation, revenue, and business insights.
It was a tight race, but we are officially declaring Facebook founder and CEO Mark Zuckerberg as the executive most in need of a compliance makeover in 2019.
The U.K.’s Digital, Culture, Media and Sport (DCMS) Committee has released 250 pages of e-mails that show Mark Zuckerberg and other senior executives at Facebook gave certain app developers special access to user data.
Federal bank regulators are encouraging banks to use artificial intelligence and other emerging technologies to bolster their AML compliance programs. In doing so, new guidance addresses an evolving liability and enforcement posture.
The pace at which technology is driving change in today’s companies is accelerating at a rapid clip, resulting in boosted efficiencies, better collaboration with the business, enhanced compliance, and more.
Are companies transferring too much decision-making power to machines? That’s the opinion of EU data regulators, who say companies should “think seriously” about telling investors and stakeholders automatons are now in charge of their data.
Some will argue a strict data privacy regime will have a negative effect on growing companies, create conflicting requirements in other instances, and potentially cause impediments to corporate investigations. We explore all three.
Common Sense Media Founder and CEO James Steyer lays out the three key reasons why individual state privacy laws would trump a federal mandate.
Cameron F. Kerry, senior counsel at Sidley Austin, explains how a federal data privacy law could represent a win for business, privacy advocates, and consumers.
Components from preexisting privacy laws are likely to compose a significant portion of the parameters into which a federal privacy mandate would fit, writes our guest columnist.
Organizations in sectors outside of technology are voicing their opinions on what a data privacy regulation should entail.
Commonalities among tech companies, when it comes to U.S. data privacy legislation, include a single-standard approach, elevating the FTC, and mandating a risk-based methodology.
The following is a look at some of the many questions companies may have as debates continue over national and state laws and regulations pertaining to data privacy protections.
Struggling to keep up with privacy regs? Stop the guesswork and follow these best practices for thinking strategically about how privacy practices fit into the overall business strategy.