Tag: AI

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Daily Compliance News

Daily Compliance News: May 20, 2025, The What Could Go Wrong Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • Drugmaker to buy genetic data company. (WSJ)
  • Defense boom corruption hits NATO. (dw.com)
  • Disparate impact change tees up compliance risk. (Bloomberg Law)
  • State AGs fill the AI regulatory role.  (Reuters)
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Upping Your Game

Upping Your Game: Episode 3 – Embedded Compliance: From Gatekeeper to Business Enabler

In February, the Trump Administration suspended investigations under and enforcement of the FCPA. Many compliance professionals have since wondered what this will mean for corporate compliance programs. Hui Chen challenged compliance professionals with “it’s time to up your game.”

This podcast series, sponsored by Ethico and co-hosted with Ethico co-CEO Nick Gallo, hopes to meet Hui Chen’s challenge for compliance professionals. We will discuss how compliance professionals can ‘Up Their Game’ using currently existing Generative AI (GenAI) tools to dramatically improve compliance programs. As compliance professionals, it is critical to recognize that this moment is not merely about incremental improvements but elevating our profession to a new level of effectiveness, efficiency, and organizational value.

In today’s ‘Upping Your Game’ episode, Nick and Tom discuss the Holy Grail of Compliance. Embedding Compliance. We dive into the concept of embedded compliance, where compliance is integrated into everyday business operations using advanced technologies like AI. They discuss how embedding compliance can drive quality and efficiency, drawing parallels from manufacturing safety norms. The conversation includes a detailed examination of how AI can help compliance professionals by providing real-time insights and streamlining processes, thereby highlighting the importance of viewing compliance not as an isolated task but as an integral part of business operations. Use cases and practical examples, such as those from the private equity sector and companies like Uber, further illustrate the potential of this approach to enhance business performance and ROI. The episode concludes with a compelling argument for positioning compliance as a blueprint for better business, emphasizing the need for constant advocacy and application of innovative technologies.

Key highlights:

  • Strategic and Operational Benefits
  • The Compliance Professional’s Role in Embedded Compliance
  • Lessons Learned
  • Practical Takeaways

Resources:

Upping Your Game- How Compliance and Risk Management Move to 2030 and Beyond on Amazon.com

Nick Gallo on LinkedIn

Ethico

Ethico Workshop on EV Workshop: Calculate, Track & Articulate Return on Integrity (ROI). For registration and Information, click here.

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending May 17, 2025

Welcome to 10 For 10, the podcast which brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance brings to you, the compliance professional, the compliance stories you need to be aware of to end your busy week. Sit back, and in 10 minutes hear about the stories every compliance professional should be aware of from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

  • The $100K in cash deposit.  (WSJ)
  • Broader DOJ whistleblower program announced.  (WSJ)
  • Google faces massive antitrust lawsuit in Italy. (WSJ)
  • Apple says punishment for its illegal acts unfair. (BBC)
  • Insurance cover for chatbot based losses.  (FT)
  • Adani tries to settle corruption case. (Bloomberg)
  • Is the gift of a jet plane corruption. (NYT)
  • Will SEC overturn bans and suspensions? (Reuters)
  • GOP wants to ban state regulation of AI. (Bloomberg)
  • What is risk paralysis.  (FT)

You can check out the Daily Compliance News for four curated compliance and ethics related stories each day, here.

Connect with Tom 

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You can purchase a copy of my new book, Upping Your Game, on Amazon.com

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Daily Compliance News

Daily Compliance News: May 14, 2025, The Widened Whistleblower Program Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • The C-Suite wants to quantify AI’s impact. (Forbes)
  • General Dynamics in hot water over wage and hour compliance. (Reuters)
  • Of dress codes and walkouts at Starbucks. (Bloomberg)
  • Broader DOJ whistleblower program announced.  (WSJ)
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Upping Your Game

Upping Your Game: Episode 2 – From Reactive to Predictive: How AI is Rewriting the Compliance Playbook

In February, the Trump Administration suspended investigations under and enforcement of the FCPA. Many compliance professionals have since wondered what this will mean for corporate compliance programs. Hui Chen challenged compliance professionals with “It’s time to up your game.” This podcast series, sponsored by Ethico and co-hosted with Ethico co-CEO Nick Gallo, hopes to meet Hui Chen’s challenge for compliance professionals. We will discuss how compliance professionals can ‘Up Their Game’ using currently existing Generative AI (GenAI) tools to improve compliance programs dramatically. As compliance professionals, it is critical to recognize that this moment is not merely about incremental improvements but about elevating our profession to an entirely new level of effectiveness, efficiency, and organizational value.

In today’s ‘Upping Your Game’ episode, Nick and Tom discuss moving from reactive to predictive compliance. They discuss how artificial intelligence revolutionizes compliance by shifting from reactive measures to predictive analytics. They highlight how regulatory bodies like the SEC and DOJ have led the charge in data analytics, emphasizing the importance of having access to data silos. Nick shares his experiences and stresses the need for compliance officers to integrate predictive models into business operations. They also explore the iterative process of refining these models and the significance of speaking the language of business to achieve better compliance outcomes and business impacts. The episode concludes with practical advice for compliance officers seeking to educate themselves and effectively pitch their initiatives to executives.

Key highlights:

  • The Regulatory Wake-Up Call
  • The Power of Predictive Analytics
  • Key Lessons for Compliance Professionals
  • The Iterative Approach
  • Meeting with the CEO

Resources:

Upping Your Game: How Compliance and Risk Management Move to 2030 and Beyond on Amazon.com

Nick Gallo on LinkedIn

Ethico Workshop on EV Workshop: Calculate, Track & Articulate Return on Integrity (ROI). For registration and information, click here.

Ethico

Tom Fox

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Daily Compliance News

Daily Compliance News: May 13, 2025, The Leaving on a Jet Plane Edition

Welcome to the Daily Compliance News. Each day, Tom Fox, the Voice of Compliance, brings you compliance-related stories to start your day. Sit back, enjoy a cup of morning coffee, and listen in to the Daily Compliance News—all from the Compliance Podcast Network. Each day, we consider four stories from the business world: compliance, ethics, risk management, leadership, or general interest for the compliance professional.

Top stories include:

  • Is the gift of a jet plane corruption? (NYT)
  • Will the SEC overturn bans and suspensions? (Reuters)
  • GOP wants to ban state regulation of AI. (Bloomberg)
  • What is risk paralysis? (FT)
Categories
Compliance and AI

Compliance and AI: Navigating Regulatory Challenges in 2025 with Allison Lagosh

What is the role of Artificial Intelligence in compliance? What about Machine Learning? Are you using ChatGPT? These questions are but three of the many we will explore in this cutting-edge podcast series, Compliance and AI, hosted by Tom Fox, the award-winning Voice of Compliance. In this episode, Tom is joined by Allison Lagosh, Head of Compliance at Saifr.ai, to discuss the current and future landscape of regulatory compliance.

Lagosh discusses key regulatory focus areas for 2025, including AI and its intersection with compliance, the expansion of AML rules to investment advisors, and the importance of accurate AI representation. She also touches on the challenges of an ever-changing regulatory environment, providing strategies for future-proofing compliance programs and managing uncertainty. Lagosh offers practical advice for compliance officers, emphasizing continuous education, reliance on sound vendor management, and integrating AI governance within firms.

Key highlights:

  • What are the key regulatory focus areas for 2025, particularly from the SEC and FINRA?
  • How are firms adjusting their compliance strategies to align with these expectations?
  • What are the new AML rules for investment advisors?
  • How are compliance functions currently leveraging AI technologies?
  • What are the practical challenges and benefits of integrating AI into a firm’s compliance infrastructure?
  •  What can compliance officers do now to future-proof their programs for upcoming regulatory changes?

Resources:

Allison Lagosh on Linkedin

Saifr.ai

Tom Fox

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Check out my latest book, Upping Your Game-How Compliance and Risk Management Move to 2030 and Beyond, available from Amazon.com.

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TechLaw10

TechLaw10 – AI: New Laws in the US & Enforcement in Europe

In this film, Punter Southall Law’s Jonathan Armstrong discusses new AI laws with Eric Sinrod, California professor and attorney at Duane Morris LLP. This is episode 292 in the popular TechLaw10 series. You can listen to earlier podcasts at Duane Morris. The podcast starts with a round-up from Eric of the latest legal proposals in California dealing with issues, including AI concerns over:

  • Deepfakes
  • Identity Theft
  • Digital Replicas (including of the dead)
  • Elections
  • Healthcare
  • Watermarking for AI-generated Content
  • AI Voice Messages & Calls

Jonathan talks about the EU AI Act. There are FAQs on that here: https://bit.ly/euaifaq. There is also a glossary of AI terms here: https://puntersouthall.law/insights/eu-ai-act-glossary/. Jonathan looks at a round-up of recent GDPR cases involving AI, including cases relating to:

  • ChatGPT/OpenAI
  • Grok/X
  • ReplikaAI
  • Deepseek
  • Google
  • Deliveroo
  • Foodinho
  • ClearviewAI
  • Budapest Bank

Jonathan also talks about recent UK AI regulation announcements from Minister Peter Kyle. He discusses the need for those running businesses to take a balanced view of AI, including taking risks with AI in some cases to promote the business. Jonathan talks about the NYSBA AI Task Force. There are details of that here: https://nysba.org/app/uploads/2022/03/2024. Jonathan also talks about regulatory findings against Deepseek in South Korea. The details are here https://www.pipc.go.kr/np/

You can learn more about Eric at Duane Morris LLP: https://www.duanemorris.com/attorneys/ericjsinrod.html and Jonathan here at Punter Southall Law: https://puntersouthall.law/about-us/jonathan-armstrong/

Connect with the Compliance Podcast Network at:

LinkedIn: https://www.linkedin.com/company/compliance-podcast-network/

Facebook: https://www.facebook.com/compliancepodcastnetwork/

YouTube: https://www.youtube.com/@CompliancePodcastNetwork

Twitter: https://twitter.com/tfoxlaw

Instagram: https://www.instagram.com/voiceofcompliance/

Website: https://compliancepodcastnetwork.net/

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10 For 10

10 For 10: Top Compliance Stories For the Week Ending, May 3, 2025

Welcome to 10 For 10, the podcast that brings you the week’s Top 10 compliance stories in one podcast each week. Tom Fox, the Voice of Compliance, brings you the compliance professional and the compliance stories you need to know to end your busy week. Sit back, and in 10 minutes, hear about the stories every compliance professional should know from the prior week. Every Saturday, 10 For 10 highlights the most important news, insights, and analysis for the compliance professional, all curated by the Voice of Compliance, Tom Fox. Get your weekly filling of compliance stories with 10 for 10, a podcast produced by the Compliance Podcast Network.

You can check out the Daily Compliance News for four curated compliance- and ethics-related stories each day here.

Connect with Tom 

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You can purchase a copy of my new book, Upping Your Game, on Amazon.com.

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Compliance Tip of the Day

Compliance Tip of the Day – Standing at the Turning Point

Welcome to “Compliance Tip of the Day,” the podcast where we bring you daily insights and practical advice on navigating the ever-evolving landscape of compliance and regulatory requirements. Whether you’re a seasoned compliance professional or just starting your journey, we aim to provide bite-sized, actionable tips to help you stay on top of your compliance game. Join us as we explore the latest industry trends, share best practices, and demystify complex compliance issues to keep your organization on the right side of the law. Tune in daily for your dose of compliance wisdom, and let’s make compliance a little less daunting, one tip at a time.

Today, we conclude a week of AI in compliance by seeing Trump’s Executive Order for compliance as standing at the turning point.

For more on embedded compliance, check out my new book, Upping Your Game: How Compliance and Risk Management Move to 2030 and Beyond, available from Amazon.com.