Compliance

A newly issued SEC Division of Examinations risk alert indicates that newly registered advisers may be failing to uphold several of their legally mandated requirements. Nutter’s Mark Tarallo digs into the agency’s alert — and what advisers need to know. For the past several years, the SEC’s Division of Examinations has prioritized examining newly registered advisers within a reasonable period...

About six months from the splashy launch of Open AI’s ChatGPT and despite continued global regulatory concerns about AI’s proliferation, new research indicates that corporations are using the technology across their operations and are likely to keep expanding deployment of AI. A Forbes Advisor survey found that customer service is the most popular current usage for AI, with 56% of...

As early as this month, the Biden Administration is expected to release new guidance regarding compliance under the Title IX educational equality law. Jenelle Beavers of Alvarez & Marsal explores what covered institutions need to know to mitigate risk. Title IX of the Education Amendments of 1972 is the most important federal law dedicated to gender equality in programs offered...

Bolster your culture of integrity 2023 UPDATE Hotline & Incident Management Benchmark Report About this report from NAVEX: An efficient and trusted mechanism by which employees can anonymously or confidentially report allegations of suspected or actual misconduct is the hallmark of a well-designed compliance program. Each year, the NAVEX Hotline & Incident Management Benchmark report delivers a deep analysis of...

Despite its passage nearly four years ago, the EU’s whistleblower directive has yet to be adopted by many European Union member nations. Despite this, many organizations — and their compliance teams — have worked to revise their whistleblower policies or implement fresh ones in accordance with the EU’s guidance. Visslan CEO Daniel Vaknine provides a refresher course on what companies...

Some observers expect tensions between China and Taiwan to result in war by 2025 — or sooner. As we learned with the Russian invasion of Ukraine, the ripple effects of hostilities usually don’t remain geographically limited. Mike Martinich-Sauter of Husch Blackwell has advice for U.S. firms to prepare their compliance teams for a conflict that may be inevitable. In recent...

You’ve got the CEO’s buy-in that your ethics and compliance program is a central part of the company’s culture. That’s great news, but are you using their presence in the right way? Living Your Best Compliance Life columnist Mary Shirley offers her spin on well-worn training activities. For some time now, my team and I have been working on leveling...

(Sponsored) To address regulatory and consumer demand for removal of so-called “forever chemicals,” companies will need to address parts obsolescence. As Assent’s Cally Edgren explains, this is easier said than done, but make no mistake: Avoiding supply chain disruption means acting early. In December 2022, 3M, one of the world’s largest manufacturers, announced it would end the manufacturing and use...

Nearly 70% of individuals working in compliance in the UK are worried about the growing threat of money laundering via cryptocurrencies, according to a survey by anti-money laundering platform First AML. Illicit addresses sent nearly $24 billion worth of cryptocurrency in 2022, according to another study, which speaks to the dangerous connection between crypto and money laundering. In its survey...

New guidance on electric vehicle tax breaks seeks to clarify what criteria a purchase will need to meet for a taxpayer to benefit. Guidance on materials is a welcome sight, but Robert J. Gardner and P. Lee Smith of Baker Donelson are left wondering about a key omission. The U.S. Treasury Department and the IRS released proposed guidance related to...

In the face of mounting workloads and compliance obligations, corporate legal departments are poised to increase their reliance on outsourced providers this year. But as Wolters Kluwer’s Aileen Santiago discusses, finding the right outside counsel could require some legwork. More often than not, corporate legal professionals find themselves having to work both smart and hard, a reality made all the...

So-called “forever chemicals” have been linked to serious health problems, and regulators in both the U.S. and Europe are poised to issue rules that would eliminate these chemicals from the supply chain. Assent’s sustainability director, Cally Edgren, explores the driving forces behind possible regulation. Per- and polyfluoroalkyl substances (PFAS) have become a hot subject for regulators. This family of durable,...