The U.S. subsidiary of a Swiss freight forwarding business is paying $1.6 million to settle charges that it violated sanctions law by using a Venezuelan airline and an Iranian crew to ship auto parts around Latin America, in an enforcement action that sounds like an episode of ‘Where in the World Is Carmen San Diego?’ …
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We interrupt everyone’s ceaseless march into an AI-enhanced future to note a recent study which found that using artificial intelligence actually slowed down the performance of experienced software developers rather than enhanced it. For corporations itching to roll out AI tools at scale, these findings raise several questions worth pondering. The study itself comes from…
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Compliance officers love to talk about corporate culture and leadership, so today let’s look at a fascinating story in the Wall Street Journal about the dwindling number of middle managers in corporations. What would be the implications for corporate culture from this idea that supposedly encourages agility and innovation, but might leave lots of workers…
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What better way to honor Labor Day than to read the Compliance Jobs Report? We have several departures from high-profile organizations this week (Volvo and the NRA, among others), and new hires at Papa Johns, Digital Realty, American Express, Make-a-Wish, and more. Job leads are in mortgages, banking, and real estate; and don’t forget our…
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A report from the Securities Exchange Commission is raising alarms about the SEC staff’s ability to review corporate disclosures, amid painful personnel cutbacks and changes to the regulatory climate that might lead to even more work for those fewer SEC staffers still on the job. The report, released Wednesday by the SEC inspector general, found…
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The Society of Corporate Compliance & Ethics and the Health Care Compliance Association have named a new chief executive, who previously ran an association for animal hospitals and has long experience in healthcare fields. SCCE and HCCA, which are sister organizations working under one corporate entity, announced the arrival of Garth Jordan in an email…
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OK, so the Trump Administration is taking an ownership stake in Intel, and now senior officials say the Administration might take more stakes in defense contractors and other businesses as well. Obviously this is all nuts because, ya know, socialism is bad — but could we also pause to consider the corruption implications here? Like,…
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Navex released its annual State of Risk & Compliance Report the other week, and I’ve been looking through the findings for insights into what’s on compliance officers’ minds these days. One issue that stood out: how compliance teams are handling artificial intelligence. We should dwell on this because, as just about every compliance officer already…
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Another week, another Compliance Jobs Report packed with news! We have two new hires in higher education, other new hires at Goldman Sachs, Authentic Brands, City National Bank, and many more. Victoria’s Secret had a few promotions to note, as did Collins Aerospace, Vertex Pharmaceuticals, and others. Job leads are in healthcare, microchips, and lingerie. …
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Earlier this week I attended a GRC conference in New York, York, which meant plenty of talk about challenges in cybersecurity, data management, internal control, and (of course) artificial intelligence. One interesting session explored how to manage the risks of third-party AI models within your enterprise. As usual, I took lots of notes, and pass…
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