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Artificial intelligence (AI) technology is advancing at an unprecedented rate, increasing in complexity while driving significant innovation across sectors. In response to the rapid development of AI, myriad compliance...more
In the rapid evolution of artificial intelligence, companies are often enticed by the numerous benefits that AI can offer, from improving efficiency and productivity to gaining a competitive edge....more
Now that the European Union’s Artificial Intelligence (AI) Act has entered into force, the real work begins putting its obligations into practice. This article explores five compliance steps to take now to operationalize the...more
The future of Artificial Intelligence isn’t just on the horizon—it’s already transforming industries and reshaping how businesses operate. But with this rapid evolution comes new challenges. Ethical concerns, privacy risks,...more
As artificial intelligence becomes increasingly embedded in our everyday lives, the conversation around AI bias and its implications has never been more urgent. Businesses are racing to leverage AI for data-driven...more
Your business may want to jump on the Generative AI (GAI) bandwagon and discover how your company may become more productive, competitive, reduce costs, and make the most of new technology. There are many intriguing and...more
In 2024, compliance is no longer just a check-the-box function but a vital component of risk management, corporate governance, and business strategy. As companies scale and regulations become more complex, the traditional...more
On July 11, 2024, the New York State Department of Financial Services (NYSDFS) adopted a final circular about the "Use of Artificial Intelligence ("AI") Systems and External Consumer Data and Information Sources in Insurance...more
Integrating artificial intelligence (AI) into internal controls is pivotal in the ever-evolving corporate governance landscape. We have closely followed the discussion around this emerging trend and the insights from industry...more
We continue our weeklong exploration of issues related to using Generative AI in compliance by examining some AI governance issues. In the rapidly evolving landscape of AI, the importance of robust governance frameworks...more
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
This is Part 2 of a two-part series. Part 1 addressed the risks and restrictions organizations face in deploying artificial intelligence (AI) and the key elements of an AI strategy. This part details how to develop an AI...more
Many businesses are using Artificial Intelligence (AI) tools in a variety of innovative ways to improve productivity and to save time and money. According to a 2023 Forbes article, 1 in 3 businesses plan to use ChatGPT to...more
Generative artificial intelligence (GenAI) has seen a rapid expansion in personal and commercial use. Tools such as ChatGPT have helped to automate mundane tasks, create first drafts of communications and streamline research....more
Mitratech is always ready to meet its community where they are (literally) — and Interact 2024 is a great chance to prove it. Join the world's foremost community of Corporate Legal & Claims, GRC, and HR tech-forward thinkers...more
From Amazon to Walmart, companies across the globe are striving to implement ESG initiatives that can stand up to increased scrutiny. The energy industry, like all industries, is facing the possibility of new standards...more
Exclusive roadmap reveals, immersive Q&A with top product & industry experts, live product demos, electrifying presentations, co-innovation opportunities, and so much more— all coming to you live from the heart of Nashville,...more
Welcome to FP Forecast, a monthly outlook featuring Fisher Phillips thought leaders providing their insights into what employers can expect in 2022 and beyond. By following along each month, you’ll be in the best position to...more
Learning Objectives: - Describe the importance of a compliance program audits and the next generation compliance audit approach and supporting governance, methodology, and enabling technology frameworks - Discuss how to...more
Governance, Risk, and Compliance (GRC) teams started 2020 with a clear picture of what they were going to focus on. GRC initiatives that were firmly in play typically covered enhancing capabilities around accountability,...more
Why is diversity gaining momentum for corporate legal departments and law firms, even during a pandemic? In part, it’s because the push toward diversity aligns with the demand for legal metrics and analytics that’s also...more
The guidance provides insights for corporations seeking to develop and implement a best-in-class compliance program. On June 1, 2020, the US Department of Justice (DOJ) issued updated guidance (Updated Guidance) regarding...more
COVID-19 exposed how many companies weren’t fully prepared to effectively, let alone efficiently, manage their enterprise through an event that had such a tremendous global impact. ...more
Three years on, the findings of research by FSN Modern Finance Forum, entitled The Future of Financial Reporting Survey 2017, potentially still hold true today. ...more
There may never have been a situation quite like the one businesses find themselves in right now, as the COVID-19 pandemic creates an unprecedented range of challenges. Those will demand unprecedented and proactive solutions...more