Will the Boeing monitorship lead to a new selection process? In an article recently written by Partner & Chief Legal Officer Warren Feldman, Warren explains the evolution of the Department of Justice’s monitor selection process and why its traditional approach is being intensely scrutinized in connection with the Boeing resolution. He highlights, “Not only are the safety concerns a matter of great public import, but the future of monitorships may well turn on the ability of the parties and the Court to navigate [the selection process] to successful completion. The monitor selected will then have to carry out the requirements of the monitorship with demonstrable effectiveness and efficiency.” Read the full article, here: https://lnkd.in/eSz4HWKt Learn more about Warren’s practice at Nardello & Co.: https://lnkd.in/eAGr3GhJ #Boeing #DOJ #Compliance #CorporateMonitor #FinancialTimes
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Documenting procedures ensures that employees know regulatory guidelines, safety protocols, and ethical standards, reducing the potential for legal and operational liabilities. Learn more in our blog, "Why You Need a Business Playbook": https://bit.ly/3Yi6wF8 #TheGoldhillGroup #BusinessPlaybook
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Is your company prepared for a surprise investigation? This article offers some practical guidance from our experts.
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Empowering businesses: ChatGPT training, strategizing AI implementation, and offering tailored LLM and AI solutions for process automation.
Here is a brief visualization of the different variables a company must consider when choosing the right LLM for their organization. While there are more than just 5 variables, these IMO are the top considerations.
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Top 5 considerations when choosing the right LLM for your organization. 1. Hosting (public vs. private) 2. Data training (general vs. proprietary) 3. Technical Expertise (low vs. med vs. high) 4. Regulatory compliance (low vs. med vs. high) 5. Costs (low vs. med vs. high)
Empowering businesses: ChatGPT training, strategizing AI implementation, and offering tailored LLM and AI solutions for process automation.
Here is a brief visualization of the different variables a company must consider when choosing the right LLM for their organization. While there are more than just 5 variables, these IMO are the top considerations.
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There is an expectation from both clients and regulators that you are moving forward with your Operational Resilience preparations. They may have different motivations for wanting to see this but Aldbury International can meet both their expectations. Contact us via our website https://lnkd.in/enNvFArW to find out how. #operationalrisk #compliance
Only a few days to go before the 31 March 2024 deadline. For those who are wondering, this is the date by which you should have renewed your #OperationalResilience Self Assessment document. It wouldn’t be acceptable for firms to dig out their old document, put a new date on it and call it Version 3.0. The PRA can ask to see previous versions of your document, and if they hold your new one up to the light and overlay your old one, they will expect to see a difference. One of the easiest ways of ensuring this difference is using an external firm like Aldbury International to help highlight the progress you have made. Find out more on our website: https://lnkd.in/eJd7RDZf
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Head of Legal & Compliance at LOGISTEED Malaysia || Member of the CILTM || Tourism Law enthusiast
Disagreement on one clause (be it the construction of the clause, the enforceability of the clause or mere existence of the clause) can make or break a deal. As counsels, we are sometimes put in a position of pressure from commercial team wanting to seal the deal and making sure that the contract does not expose the company to unreasonable, high or unnecessary risks. How do you strike a balance?
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Trust our experienced team to meticulously review and expertly draft agreements that protect your interests. Your success starts with a solid foundation! #contractmastery #businessprotection #legalexperts
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Regulators rely on the transparency and honesty of companies to ensure safety and compliance. When companies choose to hide or withhold crucial information, the consequences can be catastrophic, potentially leading to loss of life. The recent whistleblower revelations at Boeing, where there was allegedly pressure to conceal evidence from regulators, are deeply concerning. Is this behaviour isolated to Boeing, or is it a wider issue across various industries? #Safety #Regulations #Boeing #Transparency #QualityControl #RegulatoryCompliance #MedicalDevices
Another Boeing whistleblower speaks out as CEO to testify before Congress
theguardian.com
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Only a few days to go before the 31 March 2024 deadline. For those who are wondering, this is the date by which you should have renewed your #OperationalResilience Self Assessment document. It wouldn’t be acceptable for firms to dig out their old document, put a new date on it and call it Version 3.0. The PRA can ask to see previous versions of your document, and if they hold your new one up to the light and overlay your old one, they will expect to see a difference. One of the easiest ways of ensuring this difference is using an external firm like Aldbury International to help highlight the progress you have made. Find out more on our website: https://lnkd.in/eJd7RDZf
