Month: November 2024

Compliance Spending on AI to increase

Report: Compliance Functions Could Double Tech Spend by 2027

On By IA360 Staff

A new report predicts that compliance and assurance functions could double the amount they spend on new technology by 2027. According to the research, issued by Gartner Inc., generative AI, machine learning, and large language models will fuel a surge in spending by compliance, risk management, and assurance functions. The Read More

Investco fined for misleading ESG reporting

SEC Fines Invesco Advisers $17.5M for Misleading ESG Statements

On By IA360 Staff

I nvesco Advisers is paying the price for misleading clients and investors about how much of its assets were truly aligned with environmental, social, and governance principles. The Atlanta-based investment firm has agreed to pay a $17.5 million civil penalty to settle the Securities and Exchange Commission’s charges that it Read More