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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-10-18T07:00:00
In the debate over whether humans or machines will lead future efforts to fight financial crime, there’s only one correct answer:
Data.
That determination was reached by a panel of experts discussing trending topics in the compliance space during the opening keynote at Compliance Week’s Europe conference in London on Tuesday.
Paul Eccleson, chair of the audit and risk committee at National Museums Liverpool, and Ben Rayner, an anti-financial crime expert who serves as regional head for the United Kingdom, Ireland, Middle East, and Africa at artificial intelligence-powered startup Silent Eight, shared their views as part of a session moderated by James Rickett, course director, global lead anti-money laundering and sanctions compliance at training provider the International Compliance Association.
“Our organizations are only as strong as the data we hold,” said Rickett.
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News and analysis for the well-informed compliance or audit exec. Select an option and click continue.
Annual Membership $499 Value offer
Full price one year membership with auto-renewal.
Membership $599
One-year only, no auto-renewal.
2023-11-07T17:00:00Z By Kyle Brasseur
In this episode of the Digital Transformation of Compliance podcast series, Stan Yakoff, a CW Advisory Board member and Fordham Law professor, shares his perspectives on sourcing new technologies, data measurement, and areas where tech can make the biggest impact.
2023-08-22T12:33:00Z By Aaron Nicodemus
ABN AMRO, ING, Rabobank, Triodos Bank, and de Volksbank are each participating in a first-of-its-kind collaboration to shine light on the estimated €16 billion worth of illicit funds coursing through the Netherlands’ banking system every year.
2023-07-06T15:33:00Z By Neil Hodge
Not all companies can rely on bans or restrictions to employee use of generative artificial intelligence like ChatGPT. Instead of telling people what they can’t do, focus on what they can do.
2024-12-13T16:47:00Z By Aaron Nicodemus
When the DOJ released its revised Evaluation of Corporate Compliance Programs, it turned some heads. Tucked into a section on risk assessments was a strongly worded series of questions that appeared to shoulder compliance teams with the responsibility for ensuring the safe use of AI tools by their firms.
2024-12-12T14:32:00Z By Aaron Nicodemus
The Department of Justice’s Evaluation of Corporate Compliance Programs has made the importance of artificial intelligence governance frameworks clear, but it didn’t say what role compliance should play. Here’s the answer.
2024-11-14T20:36:00Z By Adrianne Appel
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network issued an alert to financial institutions about their obligations to report deepfakes, warning artificial intelligence has given bad actors additional tools in their arsenal.
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