Compliance: Page 2


  • A business person uses a generative AI application on their laptop
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    Shutthiphong Chandaeng via Getty Images
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    How Pure Storage’s legal team is using generative AI

    The data storage company is testing out compliance use cases, and it’s hopeful AI can help reduce outside counsel spending and automate repetitive tasks.

    By Aug. 8, 2023
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    Alex Wong via Getty Images
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    C-suite execs waver on AI amid regulatory uncertainty: KPMG

    About 40% of survey respondents reported plans for a three-to-six month pause on generative AI investments to monitor the regulatory landscape.

    By Alexei Alexis • Aug. 8, 2023
  • Intelligent vehicle cockpit and wireless communication network concept
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    metamorworks via Getty Images
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    California privacy agency launches first enforcement sweep

    The California Privacy Protection Agency, which gained enforcement powers July 1, said it is reviewing the data privacy practices of “connected vehicle” manufacturers.

    By Aug. 2, 2023
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    Pascal Le Segretain via Getty Images
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    BNP Paribas may be next to settle WhatsApp probes by SEC, CFTC

    The bank also disclosed it set aside €125 million ($137.4 million) for litigation in the second quarter but declined to say whether that was related to the messaging probes. 

    By Dan Ennis • Aug. 1, 2023
  • SEC reporting
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    Kobus Louw via Getty Images
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    Companies must walk a fine line meeting SEC cyber disclosures

    Too much detail about your risk management and governance practices will help bad actors, while too little won’t meet what the SEC wants, a Freshfields attorney says.

    By Aug. 1, 2023
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    Daniel Berehulak via Getty Images
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    Fed fines UBS $268.5M over Credit Suisse’s risk management practices

    UBS “has already begun implementing its risk framework, including actions addressing these regulatory findings, across Credit Suisse,” the bank said in a statement Monday seen by Bloomberg.

    By Dan Ennis • July 24, 2023
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    DOJ criminal division chief Kenneth Polite departing

    The assistant attorney general helped encourage companies to self-report problems and stepped-up the department’s use of data analytics to flag wrongdoing.

    By July 18, 2023
  • Legal
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    Opinion

    CCO reporting relationships must be flexible

    A CCO-to-CLO reporting relationship is becoming more popular, yet even in many of those arrangements the CCO retains a parallel reporting relationship to the CEO.

    By Michael W. Peregrine • July 14, 2023
  • Legal, business
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    How product counsel can support business growth

    In-house lawyers focused on product should promote risk mitigation rather than risk avoidance and also use soft skills to get colleagues on the same page.

    By July 10, 2023
  • Exterior of the state capitol of Illinois in Springfield, IL
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    rruntsch via Getty Images
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    Illinois, Colorado up next in pay transparency law updates

    The new laws state that employers must give current employees, not just job seekers, a fair shot at applying for newly posted jobs — with pay ranges — as well.

    By Caroline Colvin • July 7, 2023
  • Lina Khan
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    Anna Moneymaker / Staff via Getty Images
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    Pre-merger review burden to skyrocket under FTC, DOJ proposal

    Companies will need to submit intensive documentation under HSR filings so antitrust agencies can decide if a deal needs further review.

    By June 28, 2023
  • A white computer keyword with a lock, a California shape and the text California Consumer Privacy Act
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    Cristian Storto Fotografia via Getty Images
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    California privacy law changes draw in more businesses

    Business-to-business organizations are newly subject to the law and the latest restrictions apply to data sharing, not just data selling. Meanwhile, other states are adding laws to the mix.

    By Lisa Burden • June 23, 2023
  • J.P. Morgan's Fourth Quarter Income Drops Over 30 Percent
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    Chris Hondros / Staff via Getty Images
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    JPMorgan to pay $4M to SEC over 47M lost records

    The communications were deleted in June 2019 by an outside vendor responsible for archiving bank records.

    By Dan Ennis • June 22, 2023
  • Image of SEC seal on the side of a building.
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    Chip Somodevilla via Getty Images
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    SEC General Counsel defends climate risk disclosure rule

    Republican lawmakers accused the SEC’s top attorney of stonewalling requests for information on the agency’s regulation and enforcement.

    By Jim Tyson • June 22, 2023
  • Kelly Dobbs Bunting, a shareholder at Greenberg Traurig LLP,  presents during the Society for Human Resources Management annual conference in Las Vegas.
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    Ginger Christ/Legal Dive
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    ‘Tsunami’ of state AI regulation coming

    There are more than 160 bills and regulations on AI being considered across the country, a management-side lawyer said.

    By Ginger Christ • June 16, 2023
  • The entrance signage for the United States Department of Justice Building.
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    YinYang via Getty Images
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    Despite recent losses, DOJ doubles down on antitrust enforcement

    Other federal agencies have made moves to limit corporate collusion in recent months.

    By Emilie Shumway • June 12, 2023
  • DOJ has improved collusion detection, deputy AG says

    Executives can increase the likelihood that their company will receive leniency if they come forward rather than wait for prosecutors to charge them under antitrust laws. 

    By June 8, 2023
  • SEC under fire
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    Chip Somodevilla via Getty Images
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    Time pressure mounts as mandatory clawbacks near

    There will be a lot to do between now and August if changes to Nasdaq and NYSE listing standards on Dodd-Frank clawbacks are approved by the SEC next week.

    By June 7, 2023
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    Permission granted by Coinbase
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    SEC sues Coinbase as federal crackdown on crypto continues

    Coinbase is accused of operating an unregistered national securities exchange, broker and clearing agency. The SEC also took aim at its staking-as-a-service program.

    By Gabrielle Saulsbery • June 6, 2023
  • compliance
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    Opinion

    Don’t let your payment platforms attract regulatory scrutiny

    Here are ideas to help companies that allow customers to make payments via P2P, BNPL and other mechanisms avoid regulatory headaches.

    By Siran Faulders and Keturah Taylor • June 6, 2023
  • A CEO and chief compliance officer have a discussion in an office hallway
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    filadendron via Getty Images
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    Why compliance chiefs should report to CEOs, not GCs

    A former Cushman & Wakefield compliance leader says she was more effective and respected when reporting to the company’s chief executive.

    By June 5, 2023
  • pay
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    CCOs see pay rise 10%, with some making upwards of $500,000

    The compensation increases for public and private company chief compliance officers were a stark contrast to their in-house counsel counterparts.

    By June 1, 2023
  • business
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    jacoblund via Getty Images
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    Lessen the chance WhatsApp brings you down with a readiness assessment

    Regulators don’t expect every company’s communication retention policy to look the same, but they want you to have a rationale for the approach you take.

    By May 25, 2023
  • Securities and Exchange Commission, SEC, Building in Washington DC
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    qingwa via Getty Images
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    SEC enforcement not ‘a game of gotcha,’ Grewal says

    The SEC will press on with aggressive enforcement while seeking to collaborate with companies under scrutiny, the agency’s enforcement director said. 

    By Jim Tyson • May 24, 2023
  • The letters AI on a digital block
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    BlackJack3D via Getty Images
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    Generative AI is creating advisory work for legal teams

    Some in-house departments have created AI working groups and others are helping educate customers about the emerging tech, the legal chiefs at Instacart and GitHub said.

    By May 23, 2023