Compliance


  • Murray v. UBS, protected reporting, SEC
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    Cristian Storto Fotografia via Getty Images
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    GCs urged to act before employees become whistleblowers

    By shifting the burden to employers, the Supreme Court’s Murray v. UBS ruling makes it crucial that executives not let employees feel ignored when they report concerns.

    By David Weisenfeld • Feb. 23, 2024
  • CCPA concept: a black 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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    CalChamber seeks state Supreme Court review of privacy case

    The California Chamber of Commerce is advancing its argument that voters wanted a one-year gap between adoption and enforcement of updated regulations under the state’s landmark consumer privacy law.

    By Feb. 22, 2024
  • A businessperson with a generative AI brain concept above his hand
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    chombosan via Getty Images
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    Legal teams advised to deploy GenAI in ways that benefit the business

    Regulatory compliance and contracting are two areas where legal’s use of generative AI could improve collaboration with other functions, an EY legal tech leader said.

    By Feb. 21, 2024
  • illegal impersonation
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    Tero Vesalainen via Getty Images
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    FTC mulls making companies liable for enabling illegal impersonations

    Recent rulemaking aims at deepfakes, other deceptions, and also seeks to speed up equitable relief.

    By Feb. 20, 2024
  • DOJ AI enforcement
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    Kevin Dietsch / Staff via Getty Images
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    DOJ plans to up penalties for misconduct involving AI

    The agency has launched a six-month initiative to assess how the technology impacts its work, but in the meantime it’s treating it like a stepped-up threat. 

    By Feb. 16, 2024
  • 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 agency can enforce updated regulations, court rules

    Businesses are urged to review their privacy practices to make sure they are in compliance with all elements of the California Consumer Privacy Act.

    By Feb. 14, 2024
  • A compliance and regulation concept
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    Parradee Kietsirikul via Getty Images
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    61% of organizations faced regulatory proceedings in 2023, report finds

    Survey respondents said state and federal regulatory changes are contributing to fears about increased exposure to regulatory disputes, according to Norton Rose Fulbright.

    By Feb. 13, 2024
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    Chip Somodevilla via Getty Images
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    CEO, CFO compensation clawback helps tech firm skirt SEC fine

    Two senior sales managers at Cloopen orchestrated a fraudulent scheme to prematurely recognize revenue on service contracts, according to the SEC.

    By Alexei Alexis • Feb. 7, 2024
  • Mark Cuban speaking on stage
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    Anna Webber via Getty Images
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    EEOC commissioner schools Mark Cuban on Title VII hiring practices

    In a series of tweets, Andrea Lucas noted that characteristics like race and sex “can’t even be a ‘motivating factor’” in hiring.

    By Ginger Christ • Feb. 1, 2024
  • Pay package lawsuit
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    Win McNamee / staff via Getty Images
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    Judge nixes Elon Musk’s record pay package as unfair to Tesla

    The high-profile CEO and the company’s board breached their fiduciary duty by allowing Musk, as a conflicted controller, to set his own terms.

    By Jan. 31, 2024
  • Artificial Intelligence concept brain with CPU
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    MF3d via Getty Images
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    75% of legal chiefs plan to implement generative AI tools, survey finds

    Roughly two-thirds of GCs said they were comfortable with the use of AI for compliance monitoring, including 52% who said they were “very” or “extremely” comfortable.

    By Jan. 31, 2024
  • Aon pays $1.5M SEC penalty over key return rate discrepancies

    Without admitting or denying the findings, Aon agreed to pay a civil penalty of $1 million and disgorgement and prejudgment interest of $542,187.

    By Maura Webber Sadovi • Jan. 29, 2024
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    David McNew via Getty Images
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    76% of companies link pay to ESG performance in rising trend

    The biggest companies are weaving ESG into pay incentives despite a backlash against the use of sustainability as a metric for corporate performance.

    By Jim Tyson • Jan. 24, 2024
  • EU CS3D
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    Opinion

    EU ESG due diligence directive set to take effect

    Final approval of the regulatory action is expected to happen soon. When it does, U.S. companies doing $300M in EU business must show they're meeting sustainability and other goals. 

    By Neil D’Souza • Jan. 24, 2024
  • Employee v. independent contractor
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    Alex Wong / Staff via Getty Images
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    Conservative approach called best way to meet independent contractor test

    Erring on the side that your workers are employees, not independent contractors, is the safest way to protect against challenges under the upcoming 6-prong federal rule.  

    By Jessica Mach • Jan. 23, 2024
  • An artificial intelligence processor unit
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    zirconicusso via Getty Images
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    Opinion

    Five takeaways for chief legal officers from Biden’s executive order on AI

    Staying informed, proactive and adaptable will allow in-house legal teams to more easily navigate the complex landscape and harness the power of AI responsibly and effectively. 

    By Eric Gorman, Jill Fukunaga and Jeff Isaacs • Jan. 19, 2024
  • risk management
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    Parradee Kietsirikul via Getty Images
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    Importance of boards before, during and after a cyber incident

    The best practice is to get members of the board involved at the right time. 

    By Jan. 11, 2024
  • Cloud computing technology internet on binary code with abstract background. Cloud Service, Cloud Storage Concept. 3D render.
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    Peach_iStock via Getty Images
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    Cloud concentration poses challenges for businesses, survey finds

    “The risk associated with cloud concentration is fast losing its ‘emerging’ status as it is becoming a widely recognized risk for most enterprises,” a Gartner director said.

    By Jan. 10, 2024
  • in-house counsel 2024
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    Deep Dive

    6 in-house legal trends to watch in 2024

    AI, labor, antitrust, bankruptcies, women GCs and cross-collaboration are among the headlines in-house counsel can expect this year.  

    By Lyle Moran and Robert Freedman • Jan. 9, 2024
  • A close-up of the creamy exterior of the Department of Labor building.
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    Caroline Colvin/Legal Dive
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    DOL independent contractor final rule announced, will take effect March 11

    The rule largely tracks the agency’s October 2022 proposed rule, adopting a six-factor, “totality-of-the-circumstances” framework for analyzing worker-employer relationships.

    By Ryan Golden • Jan. 9, 2024
  • Members of a committee sit at a table and watch a colleague make a presentation on a whiteboard.
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    courtneyk via Getty Images
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    Compensation committees face busy dockets in 2024, experts say

    Incentive plan performance ranges and the use of discretion in incentive payouts are among the issues compensation panels are likely to confront. 

    By Jan. 8, 2024
  • Shot of Chevron gas station
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    Justin Sullivan via Getty Images
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    Chevron blames regulations, cleanups for $4B write-off in Q4

    The energy giant said California’s regulatory landscape and cleanup of decommissioned Gulf of Mexico sites are estimated to cost the company at least $3.5 billion.

    By Lamar Johnson • Jan. 4, 2024
  • Silhouette of several business people at a conference room table.
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    FangXiaNuo via Getty Images
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    Cyber risk strategies in hot seat as SEC rules go live

    The SEC wants to make sure companies are better prepared to mitigate material breaches, ransomware or nation-state espionage attacks.

    By David Jones • Dec. 21, 2023
  • SEC
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    Brendan Smialowski via Getty Images
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    SEC likely to find other ways to curb stock buybacks after court vacates rule

    The agency could use interpretive guidance and filing reviews to spur company transparency on share repurchases as it decides whether to redo its controversial rule.

    By Dec. 21, 2023
  • FTC
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    Spencer Platt / Staff via Getty Images
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    Rite Aid settles with FTC after facial recognition debacle

    The company can’t restart a crime-deterrent program based on people’s biometric data until it puts in place safeguards to prevent a flood of false positives that left many customers humiliated.

    By Dec. 20, 2023