Welcome to The Woody Report, where Washington & Lee School of Law Associate Professor Karen Woody and host Tom Fox discuss issues on white collar crime, compliance issues, international corruption, securities and accounting fraud, and internal corporate…
Last week, McKinsey & Company resolved civil and criminal matters with the Department of Justice (DOJ). This settlement represents a seismic shift in corporate accountability. For the first time, a…
In Part 5, we conclude our five-part series on using AI in a compliance program. In today’s concluding blog post, we look at using AI for continuous monitoring. Traditional monitoring…
We continue our exploration of the use of AI in Compliance by considering using AI to manage evolving risks. Geopolitical instability, shifting regulations, and the proliferation of disruptive technologies can…
We continue our 5-part exploration of using AI in compliance by considering how employee behavioral analytics can be used to prevent employee misconduct. Whether intentional or inadvertent, employee misconduct can…
We continue our week-long look at the use of AI in compliance. Today, we consider third parties. Third-party relationships remain one of the most significant areas of risk for corporate…
Leveraging advanced technologies like artificial intelligence (AI) is no longer a luxury; it is quickly becoming necessary. For compliance professionals, AI offers a transformative tool to enhance program efficiency, improve…
In the world of compliance, where incremental victories often measure progress against pervasive risks, it’s rare to witness a revolution. Yet Lisa Fine and Mary Shirley have achieved just that….
In the modern corporate environment, compliance must transcend its traditional role as a set of rules and regulations. Instead, it should be reimagined as a product—something employees actively choose to…
In today’s competitive labor market, retaining top talent is more than just a human resources challenge but a compliance priority. This is one insight from the Harvard Business Review article,…
In today’s business environment, compliance professionals are often praised for their pivotal role in fostering ethical, sustainable, and resilient corporate cultures. A recent HBR article, What Employers Get Wrong About…
