Risk & Compliance Magazine

In the new Jul-Sep 2024 issue of Risk & Compliance magazine we present features on third party #AIrisk management and on #AML failures in the UK. We also look at: #whistleblower provisions; how relationships shape compliance culture; #AML and #sanctions compliance best practices for digital assets; #Russiasanctions and the maritime sector; the impact of AI on #healthcarefraud mitigation and investigations; European standards and the EU AI Act; navigating third-party risk management challenges; overcoming organisational fractures; rethinking resilience in today’s uncertain world; why good managers make unethical decisions; using tech with integrity; novel conflicts of interest; navigating legal challenges in commercialising new products; transforming legal departments from risk managers to business enablers; increased threat levels in #cybercrime; operational and non-financial risks; complying with Consumer Duty obligations; tackling #financialcrime with perpetual #KYC ; and more. Find out more here: https://lnkd.in/ejKbyrt5 

Join leading legal experts at Practising Law Institute (PLI) 56th Annual Institute on Securities Regulation who will provide practical insights and solutions for navigating the fast-paced world of securities regulation. Attendees will gain knowledge on SEC priorities, disclosure challenges, accounting and auditing issues, and more. Enhance your skills — Register today! : https://lnkd.in/e7SiqXrs

PLI is pleased to announce that the Annual Institute on Corporate & Securities Law in Asia is back and better than ever. Join us this year in Singapore on October 2-3 for invaluable insights from leading global experts. Don’t miss out on timely guidance and trends in corporate and securities law, with the added convenience of a live webcast for remote attendees worldwide. Earn up to 15 credit hours (CPD credits available). Register today >> https://lnkd.in/egufMxt5 #Corporatelaw #Securitieslaw

Predictive modelling and anomaly detection, powered by ML algorithms, are becoming widely used to proactively identify fraudulent activities. Risk & Compliance moderates a discussion between Jared Crafton at BDO USA, LLP and Robert N. Sikellis and Pavel Petrov at Novartis about the impact of AI on healthcare fraud mitigation and investigations. Find out more about this Q&A in the Jul-Sep 2024 issue: https://lnkd.in/gTjHcPDv #fraud #mitigation

Published quarterly by Financier Worldwide, Risk & Compliance draws on the experience and expertise of leading experts in the field to deliver insight on the myriad risks facing global companies, the insurance solutions available to mitigate them, and the in-house processes and controls companies must adopt to manage them. Sign-up to access the full digital version of the latest magazine, along with all the back issues: https://bit.ly/3xB6HOJ

We are experiencing a ‘global arms race’ as the continuous growth and innovation of digital assets introduce new ways they can be used to facilitate money laundering and sanctions evasion. Risk & Compliance moderates a discussion between Daniel Burget, CAMS, CFE and Jacob Bach, CPA, CFE at BDO USA, P.C. about AML and sanctions compliance around digital assets. Find out more about this Q&A in the Jul-Sep 2024 issue: https://lnkd.in/gQN_mwNM #digitalassets #moneylaundering #AML #sanctions

Speaking up is crucial in any organisation as it helps to uncover wrongdoing, promote ethical behaviour and foster a culture of transparency and accountability. However, it is not that simple. Risk & Compliance moderates a discussion between Maryam Hussain, Mark Goff and Jean Salloum at @EYnews about whistleblower provisions. Find out more about this Q&A in the Jul-Sep 2024 issue: https://lnkd.in/eEvYPKfV

The board’s oversight of third party risk management (TPRM) is pivotal to aligning it with the organisation’s overall risk framework and appetite. Risk & Compliance speaks with Greg Matthews at KPMG US about enhancing board oversight of third party risk management challenges. Find out more about this Q&A in the Jul-Sep 2024 issue: https://lnkd.in/eDB_frQq 

Before partnering with an #AI service provider, companies should conduct thorough due diligence to evaluate the vendor’s security practices, compliance certifications & financial stability. R&C looks at third party AI risk management in the Jul-Sep 2024 issue: https://lnkd.in/e_-VPG5B    #AIrisk #Compliance 

As well as the obvious improvements in terms of compliance, efficiency and cost, adopting a KYC approach also offers a hugely improved customer experience. Risk & Compliance moderates a discussion between Phil C., Nicola Gifford, Fraser Mitchell and Zowie Lees-Howell at SmartSearch about tackling financial crime with perpetual KYC. Find out more about this Q&A in the Jul-Sep 2024 issue: https://lnkd.in/e7jAjHYt #financialcrime #KYC