- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Adrianne Appel2023-11-29T16:00:00
Most compliance professionals say their teams are not using artificial intelligence (AI) to assist with compliance obligations, according to Compliance Week’s “Inside the Mind of the CCO” survey.
Asked in what areas they’re using AI, 59 percent of respondents said they aren’t. The survey received 322 total responses.
Of the 41 percent of respondents who said their compliance departments are relying on AI, the most popular use cases included improving policies and procedures (19 percent), monitoring third parties and communications (12 percent each), and keeping pace with regulatory change (11 percent). More than one response was permitted.
THIS IS MEMBERS-ONLY CONTENT. To continue reading, choose one of the options below.
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.
Three experts join the Compliance Week podcast to discuss opportunities and risks posed by artificial intelligence, as well as governance frameworks your organization can implement to ensure AI tools are utilized safely and ethically.
Employees engaging in side businesses—part-time jobs or new company creations—can introduce a myriad of risks for a company.
Tech vendors believe ESG reporting is a ripe market for artificial intelligence to help companies sift through data and ensure compliance with both mandatory and voluntary reporting standards. Compliance officers appear less sure.
This Compliance Week survey, sponsored by Ethena, seeks to learn more about compliance training at your firm, the challenges your organization faces tracking, rolling out and maintaining your training programs, and how customizable those training programs are.
The majority of businesses are using AI and doing so without governance–a compliance gap that poses extreme risks, a new survey by Compliance Week and GAN Integrity found. A webinar will discuss why it is crucial to have AI governance, how to implement it, and what strategies to strengthen programs. ...
Regulations are sure to be rolled back under President Donald Trump, but the question is which regulations, and how much? Is your organization as prepared to respond when regulations are loosened as it was when they were tightened?
