News and commentary about white-collar crime, enforcement, and compliance
Harry Cassin
Publisher and Editor
Andy Spalding
Senior Editor
Jessica Tillipman
Senior Editor
Bill Steinman
Senior Editor
Richard L. Cassin
Editor at Large
Elizabeth K. Spahn
Editor Emeritus
Cody Worthington
Contributing Editor
Julie DiMauro
Contributing Editor
Thomas Fox
Contributing Editor
Marc Alain Bohn
Contributing Editor
Bill Waite
Contributing Editor
Russell A. Stamets
Contributing Editor
Richard Bistrong
Contributing Editor
Eric Carlson
Contributing Editor
Here are some notable things I heard, or overheard, at the SCCE’s Compliance and Ethics Institute in Chicago earlier this month.… Continue Reading
In June, we’re told, ChatGPT’s website generated 1.6 billion visits by at least 100 million users. Generative artificial intelligence is suddenly mainstream, creating written content, images, audio, and video.… Continue Reading
It’s not just your company where it’s happening. It’s every company, everywhere, all at once, and it’s undermining compliance. What is it? Uncertainty. … Continue Reading
After reading my publisher and editor’s post demonstrating the wonders of ChatGPT, I tried it for myself. Registration was simple — verify your email address, click a box to show you’re human, enter a code sent to your phone number, create a password.… Continue Reading
You may have seen some headlines about this wild artificial intelligence chatbot, ChatGPT. We asked it some questions about FCPA compliance to see if it’s worth the hype. You might want to be seated for this.… Continue Reading
At the gatehouse, the security guard passed me a Novartis visitor’s badge, and I turned to walk down Fabrikstrasse – the campus’ central boulevard. Two thoughts popped into my head: I think I’m too early (I was) and I hope these people are friendly (they were).… Continue Reading
Regulators and private firms increasingly rely on technology to identify financial crimes. As detailed in a recent report by the United Nations Development Programme (UNDP), organizations can use artificial intelligence, machine learning, and other tools to prevent corruption and related forms of illicit finance. … Continue Reading
What began as good-natured tech tinkering last week ended down the rabbit hole of AI-powered content and its unsettling implications for compliance. And what a deep hole it is.… Continue Reading
As the ecosystem of third parties continues to grow, AML due diligence has become more difficult. The challenge of identifying and vetting suppliers, consultants, agents, affiliates and resellers would be insurmountable without the use of technology.… Continue Reading
There has been a lot of discussion lately about the possible uses of artificial intelligence in anti-bribery compliance. Most commentators recognize that AI (and its more unassuming cousin, machine learning) won’t do away with current practices altogether.… Continue Reading
Two great recent posts on the FCPA Blog talked about the heavy demands on compliance professionals generated by the global regulatory patchwork.
Lindsay Columbo discussed the challenges of due diligence amid regulatory differences, among other variables, but said consistent standards and regulations “can be understood and addressed regardless of jurisdiction or any other factor.”… Continue Reading
Lindsay Columbo’s excellent post for the FCPA Blog (“How did due diligence ever become so complicated?”) articulated a set of thought-provoking observations that many of us working in the financial and legal sector, and who have compliance and KYC obligations, have been pondering for some time.… Continue Reading