I t has been said that if a butterfly flaps its wings in the Serengeti, it can change the climate half a world away. Similarly, if an EU regulator enacts regulation in the EU Commission, it can have a major impact as far away as the United States. We saw Read More
C ompliance management has traditionally been marked by accessibility issues, which lead to barriers to adhering to regulations. These long-established frameworks can be so complicated that they make it hard for those who don’t have specialized knowledge to navigate them. Automated solutions, however, have marked a shift in the landscape, Read More
The European Parliament approved the Artificial Intelligence Act (AIA), a regulation aimed at ensuring safety and compliance with fundamental rights, while boosting innovation within the artificial intelligence (AI) context. AIA, which is set take effect in increments over the next few years, ultimately establishes obligations for AI based on its Read More
The Federal Trade Commission has proposed changes to the Children’s Online Privacy Protection Act (COPPA) that would place new restrictions on the use and disclosure of children’s personal information and limit companies from profiting from children’s data. With these proposed changes, the FTC intends for the Act to reflect technological Read More
The consequences for a scheduling and operational meltdown by Southwest Airlines during the 2022 holiday travel season, which stranded millions of travelers, continue to mount. In the latest development, The U.S. Transportation Department has ordered Southwest to pay a $140 million civil penalty, part of a broader consent order, after Read More
Verizon subsidiary TracFone Wireless has agreed to a settlement with the Federal Communications Commission to resolve charges that the telecom company violated the rules of a program intended to help low-income consumers purchase Internet access and phone services at a discount. TracFone has agreed to compliance measures and will pay Read More
The U.S. Department of Health and Human Services announced a $100,000 settlement with Doctors’ Management Services for failures to determine the potential risks and vulnerabilities to electronic protected health information after a cyberattack exposed the information of more than 200,000 patients. It is notable in that it is the first Read More
The effectiveness of sanctions screening and anti-money laundering (AML) programs have recently faced extraordinary challenges. The increasing reliance on digital technology, the war in Ukraine, a record surge in sanctions, heightened regulatory scrutiny, and the current economic environment have placed tremendous strain on already stretched compliance teams. Rapidly changing elements Read More
California legislators have passed one of the most sweeping greenhouse gas emissions bills in the nation this week and Governor Gavin Newsom has announced his intention to sign it into law. If passed, the law would require companies with more than $1 billion in revenue and that operate in California Read More
Ethics investigations can be challenging for just about any organization. If done right, an ethics investigation can help you identify wrongdoing and unethical behavior and put a stop to it before your organization pays the price for not maintaining a conducive and compliant work environment. A poorly executed ethics investigation, Read More
