Tag: AI

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Daily Compliance News

Daily Compliance News: August 29, 2024 – The Getting Ahead at Work 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 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.

In today’s edition of Daily Compliance News:

  • GenZ guide for getting ahead at work. (WaPo)
  • A whistleblower lawyer who used fake AI cases says no harm, no foul. (Reuters)
  • Criminal convictions in Switzerland for 1MDB scandal. (Reuters)
  • Treasury loosens AML requirements for financial advisors, real estate agents. (WSJ)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Innovation in Compliance

Innovation in Compliance: Unpacking Healthcare Compliance with Maria Villanueva

Innovation comes in many forms, and compliance professionals must be ready for and embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast. In this episode, Tom welcomes compliance aficionado Maria Villanueva to dive deeply into healthcare compliance.

In this episode, Tom and Maria discuss her diverse career trajectory from accounting to healthcare compliance and delve into the complexities of ethical selling, aggregate spending challenges, and the growing role of AI in the compliance industry. Drawing on her extensive experience, she offers valuable insights on balancing roles in compliance and HR, the impact of data analytics, and the future landscape of healthcare compliance.

Key Highlights

  • Passion for Healthcare
  • Challenges in Healthcare Compliance
  • Balancing Compliance and HR Roles
  • The Role of Data Analytics and AI in Compliance
  • Future of Healthcare Compliance

Resources:

Maria Villanueva on LinkedIn 

Tom Fox

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Everything Compliance

Everything Compliance: Episode 138, The AI in The EU Edition

Welcome to the only roundtable podcast in compliance as we celebrate our second century of shows. We have a plethora of topics for this episode, including the DOJ Whistleblower Incentive Program, a look at Solar Winds, a new Caremark decision, an effective internal audit and the new AI law in the EU, which we slice and dice from a variety of perspectives.

We have the full quintet of Matt Kelly, Jonathan Armstrong, Karen Woody, Jonathan Marks, and our newest panelist, Karen Moore, all hosted by Tom Fox.

1. Jonathan Armstrong takes a look at the new EU Low regarding AI. He shouts out to Sir Andy Murray for a great career and life.

2. Matt Kelly asks multiple questions about the form of the guilty plea and what it may mean for compliance professionals going forward. He rants about Wyoming Senator Cynthia Lummis and her legislation for a Strategic Bitcoin Reserve.

3. Karen Moore considers the Centene case, which denied a Caremark claim. She rants about German TV only showing German competitors in their Olympic coverage and she shouts out to the perseverance of Ukrainians, where students attending class at the Kyiv School of Economics will stop class during an air raid and start class again when the All Clear is given.

4. Tom Fox shouts out to Simone Biles and the beauty, power, and grace of women’s gymnastics at the Olympics, going back to Olga Korbut.

5. Karen Woody takes a deep dive into the district court’s recent dismissal of the SEC complaint against SolarWinds. She shouts out to President Biden for bringing hostages home from Russia and a job well done.

6. Jonathan Marks reviews what makes internal controls effective.

The members of Everything Compliance are:

The host, producer, rantor (and sometimes panelist) of Everything Compliance is Tom Fox, the Voice of Compliance. He can be reached at tfox@tfoxlaw.com. Everything Compliance is a part of the award-winning Compliance Podcast Network.

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Great Women in Compliance

Great Women in Compliance: GWIC Roundtable on Putting AI to Use in Compliance

🎙 📣 🎙 It’s #GWIC Roundtable Wednesday, and Lisa Fine & Ellen Hunt are talking with two experts, Diana Kelley and Gwen Hassan, about putting AI to Use for Ethics & Compliance Teams.

Tune in to learn about:

  • How Ethics & Compliance Teams streamline their workload and amplify their impact with AI solutions
  • What frameworks and safeguards should you utilize to protect against hallucinations and unintended consequences?
  • What disclosures or opt-out features should you consider to alert users that the interactions are AI-based?
  • The state of current and future AI regulation

Listen now at Corporate Compliance Insights at https://lnkd.in/d9VGcfw or wherever you hear podcasts.

If you are using AI in your Ethics & Compliance function in a way we didn’t mention, please tell us in the comments.

#GWIC is proud to announce that it has been nominated for the #WomenInPodcastAwards. This is a people’s choice award, and whether you vote for #GWIC or other nominees, we ask that you send the elevator back down by voting. Voting opens August 1, 2024, and details can be found on the #GWIC LinkedIn page at http://www.linkedin.com/groups/12156164

#EthicalLeadership #AI #Ethics #Compliance #WomenLeaders #WomenPodcasts

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Daily Compliance News

Daily Compliance News: July 30, 2024 – The Hidden Debt 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 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.

In today’s edition of Daily Compliance News:

  • Mozambique wins the ‘hidden debt’ case.   (Barron’s)
  • The ABA says lawyer’s using AI must heed ethical rules. (Reuters)
  • DOJ says the short seller used bait and switch.   (NYT)
  • Julius Baer was criticized yet again. (Bloomberg)

For more information on the Ethico ROI Calculator and a free White Paper on the ROI of Compliance, click here.

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Innovation in Compliance

Innovation in Compliance: John Byrne and Corlytics – Innovations in Regulatory Compliance

Innovation comes in many areas, and compliance professionals need to be ready for it and embrace it. Join Tom Fox, the Voice of Compliance, as he visits with top innovative minds, thinkers, and creators in the award-winning Innovation in Compliance podcast.

In this episode, Tom speaks with John Byrne, founder and CEO of Corlytics.

John shares his background as a serial entrepreneur focusing on technology and finance and discusses the inception and mission of Corlytics. The conversation delves into the complexities of regulatory compliance, the need for real-time risk assessments, and the integration of AI and machine learning in regulatory monitoring.

John also explores how Corlytics helps financial institutions navigate evolving regulations, including ESG metrics, and forecasts the future regulatory landscape. This episode offers valuable insights for professionals interested in compliance, risk management, and the role of technology in these fields.

Key Highlights:

  • Founding Corlytics and Its Mission
  • Real-Time Risk Assessment
  • Policy Management and Global Compliance
  • Impact of Current Events on Financial Institutions
  • The Rise of ESG in Financial Institutions
  • Future of Regulation and AI

Resources:

John Byrne on LinkedIn.

Corlytics

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2 Gurus Talk Compliance

2 Gurus Talk Compliance: Episode 33 — The Nuts and Bolts Edition

What happens when two top compliance commentators get together?

They talk compliance of course. Join Tom Fox and Kristy Grant-Hart in 2 Gurus Talk Compliance as they discuss the latest compliance issues in this week’s episode!

In this episode Kristy and Tom delve into an array of timely topics. They discuss a filmmaker turned vigilante’s impact on corporate DEI programs and the repercussions of the UK elections on compliance and law enforcement. The duo takes a deep dive into the essentials of the European AI Act, emphasizing its imminent enforcement and the potential penalties.

They also bring attention to the importance of a robust document retention policy, especially in international contexts. Of course, Florida man makes an appearance swimming away from the police to evade his girlfriend’s probing questions.

Tune in for a comprehensive mix of compliance nuts and bolts insights and current events.

Stories Include:

 

Resources:

Kristy Grant-Hart on LinkedIn

Spark Consulting

Prove Your Worth

Tom

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Trekking Through Compliance

Trekking Through Compliance – Episode 53 – Ethical Lessons from The Ultimate Computer

In this episode of Trekking Through Compliance, we consider the episode The Ultimate Computer, which aired on March 8, 1968, and occurred on Star Date 4729.4.

The Enterprise is ordered to be part of a test of the new M5 Multitronic System, a computer designed to replace a starship crew. In an unscheduled drill at Alpha Carinae 2, M5 defends the Enterprise against attacks from the starships Excalibur and Lexington. The M5 is declared the victor of the simulated contest, prompting Commodore Bob Wesley to call Kirk “Captain Dunsel.” Spock explains the meaning of “dunsel” to McCoy as a term used by midshipmen at the Federation Academy for a part that serves no useful purpose.

In a short time, however, M5 takes control of the Enterprise. Daystrom is surprised by the M5’s actions but views its behavior as mistakes made by a “child” who is still learning. At the scheduled rendezvous point, the M5 attacks the Excalibur, Lexington, Hood, and Potemkin.

Kirk finally shuts off M5 by pointing out that killing humans has violated its programming of saving men from dangerous activities such as space exploration. Since the penalty for murder is death, the M5 concludes that it must die and shuts itself down. Daystrom is committed to a rehabilitation program, but Spock still refuses to respond to McCoy’s prodding that human compassion outweighs any advantages computers may have in computational ability.

Commentary

The plot revolves around Captain Kirk and the Enterprise crew testing Dr. Daystrom’s M5 Multitronic System, a computer designed to replace the starship’s crew. As the M5 takes control and makes autonomous decisions, it leads to dire consequences, including unwarranted attacks on other starships. Tom Fox discusses the episode’s ethical dilemmas, such as balancing efficiency and humanity, autonomy and accountability, and preserving human expertise. The episode also provides commentary on the societal impacts of mechanization during the 1960s. Additionally, Fox highlights the importance of monitoring mental health within teams, especially in hybrid working environments. The key takeaway is navigating emerging technologies’ complexities while upholding ethical principles and human values.

Key Highlights

  • The Enterprise’s AI Challenge
  • M5’s Malfunctions and Consequences
  • Fun Facts About The Ultimate Computer
  • Ethical Takeaways from The Ultimate Computer

Resources

Excruciatingly Detailed Plot Summary by Eric W. Weisstein

MissionLogPodcast.com

Memory Alpha

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Innovation in Compliance

Innovation in Compliance: Anne van de Heetkamp – Exploring Global Trade Intelligence and AI Integration in Supply Chain Management

Innovation comes in many forms, and compliance professionals must be ready for and embrace it. In this episode, Tom Fox visits Anne van de Heetkamp, Vice President of Product Management at Descartes, and discusses global trade compliance and the integration of AI in supply chain management.

They discuss Anne’s extensive career in global trade, Descartes’s comprehensive suite of supply chain management tools, and Anne’s specific role in the Global Trade Intelligence pillar. Key topics include the challenges companies face in regulatory compliance, the role of AI in mitigating supply chain disruptions, and the importance of data quality in leveraging advanced technologies for risk management. The conversation spans current automation levels, future AI evolution, and practical approaches to enhancing data transparency and compliance processes within the supply chain framework.

Key Highlights:

  • Anne’s Professional Journey
  • Global Trade Intelligence at Descartes
  • Microservices and Data Privacy
  • AI and Supply Chain Disruptions
  • Data Quality Issues in Compliance
  • Future of AI in Supply Chain Management

Resources:

Anne van de Heetkamp on  LinkedIn

Descartes

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Principled Podcast

Principled Podcast: S11E9 | Ethical AI Integration and Emerging Compliance Challenges

As AI technology evolves, businesses face challenges in ethical implementation. In this episode of the Principled Podcast, Amy Hanan, LRN’s Chief Marketing Officer, talks with Justin Garten, LRN’s Senior Director of AI and Data Science, about the AI Implementation Principles the White House and Department of Labor brought forth.

With experience at Mantium and Google, Justin shares insights on balancing innovation with ethical caution, fostering social innovation, and establishing transparent AI governance. Tune in to discover strategies for mitigating AI’s impact on workers, aligning with regulations, and preparing for AI’s future.

Guest: Justin Garten

Episode Cover - Principled Podcast Season 11 Episode 9 - Justin Garten

Justin Garten is the Senior Director for AI and Data Science at LRN. As an AI consultant, he has led the development of cutting-edge AI applications. Before joining LRN, he was at Mantium and Google, where he developed, trained, and deployed various AI models while contributing to policy development on data privacy and AI usage.

Host: Amy Hanan

Principled Podcast - Season 11 Episode 8 - - Amy Hanan

Amy Hanan is the chief marketing officer at LRN. Amy, a B2B digital marketing leader, has a nearly 20-year track record in product, brand, lifecycle, and demand-generation marketing and corporate communications for media, professional services, and technology companies. One of her central areas of expertise is executing tech-enabled marketing initiatives for growth. Before joining LRN, Amy was the chief digital officer at Baretz+Brunelle, a marketing and communications agency serving the legal and financial services industries. Her previous experience includes Reorg Research, ALM Media, and The Associated Press. She holds a Bachelor of Arts degree from Northern Arizona University.

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