The rapid advancement of technology introduces new compliance challenges. In addition, with the rise in data breaches and privacy concerns, governments and regulatory bodies have introduced stricter data protection regulations such as FedRAMP in the United States, the European Union's General Data Protection Regulation (GDPR) and the California Consumer Privacy Act (CCPA). Compliance with these regulations requires organizations to implement robust data protection measures, conduct privacy as...
By Phillip Macmillan, Director, Forensic Risk Alliance
Organisations are facing increasing expectations to proactively identify and mitigate financial crime, sanctions, and fraud risks due to emerging market trends, stricter regulations and requirements for greater transparency and society’s need for higher standards of corporate ethics.
Compliance programs play a crucial role in an organisation’s risk management strategy, creating a framework to mitigate identified business risks such as money laundering and bribery and corruption, as wel...
Recently, the European Commission has been revisiting a number of its core co...
In this article, I will attempt to predict the future of law. I am not the first to do so, Professor Richard Susskind, who is President of the Society of the Computers and Law told Thomson Reuters last year that he sees a move from bespoke legal services to legal services in cart as the future of the legal profession. Professor Richard envisages that people will no longer go to a lawyer to draft a document but that lawyers will license their systems and clients will generate their own documents.In my view, the future lies in...
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