As the implementation of Artificial Intelligence (AI) compliance and fraud detection algorithms within corporations and financial institutions continues to grow, it is crucial to consider how this technology has a twofold...more
5/10/2024
/ Algorithms ,
Artificial Intelligence ,
Automation Systems ,
Compliance ,
Corporate Governance ,
Data Collection ,
Data Protection ,
Due Diligence ,
Employees ,
Enforcement Actions ,
Financial Fraud ,
Financial Institutions ,
Financial Services Industry ,
Fraud ,
Fraud Prevention ,
Machine Learning ,
Popular ,
Regulatory Oversight ,
Risk Management ,
Securities Fraud ,
Self-Reporting ,
Software ,
Technology Sector ,
Tracking Systems ,
Whistleblower Protection Policies ,
Whistleblowers
According to the Institute of Internal Auditors “Politics of Internal Auditing” (2015), 55% of chief audit executives were directed to commit important findings from their audit reports. 49% of chief audit executives were...more
3/27/2024
/ Auditors ,
Audits ,
Bank Secrecy Act ,
Board of Directors ,
CFTC ,
Chief Compliance Officers ,
Compliance ,
Corporate Governance ,
Dodd-Frank ,
Ethics ,
False Claims Act (FCA) ,
Internal Controls ,
OECD ,
Sanction Violations ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Securities Violations ,
Whistleblower Awards ,
Whistleblowers
SEC Chair Gary Gensler announced on October 25th that in the 2023 fiscal year, the Commission received a record number of 18,000 whistleblower tips.
The SEC Whistleblower Program has grown rapidly and effectively since its...more
12/1/2023
/ Anti-Corruption ,
Biden Administration ,
Corporate Governance ,
Corporate Misconduct ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Fiscal Reports ,
Gary Gensler ,
Investigations ,
Money Laundering ,
Regulatory Reform ,
Securities and Exchange Commission (SEC) ,
Securities Regulation ,
Voluntary Disclosure ,
Whistleblower Awards ,
Whistleblower Protection Policies ,
Whistleblowers