INDUSTRY NEWS

'..there are several strategies that global organizations can adopt to navigate an increasingly complex regulatory landscape ..

'...the world of work is in full metamorphosis, forever changed by the seismic shifts of the past few years. Societal dynamics are reshaping work structures, technology and AI are advancing at breakneck speed ...'

'As companies deploy AI for a growing range of tasks, adhering to laws, regulations and ethical standards will be critical to building a sound AI foundation...'

'The EU AI Act, which has been approved by the EU Parliament, requires organisations to start reviewing their AI governance, policies, and strategies.  The Act doesn't present blocks against AI usage but seeks to regulate it...'

' The future of regulatory compliance for the insurance industry will require leaders to find balance between opportunity and obligation...'

'The 2023 regulatory and financial crime compliance landscape was as volatile and complex as ever. As we emerged from the pandemic, we saw an influx of challenges, ranging from geopolitical tensions to the cost-of-living crisis, to inflation...'

'When it comes to building strong ethics and compliance (E&C) teams, it is important to consider the overarching framework on talent acquisition and retention...'

'The world’s first comprehensive laws to regulate artificial intelligence have been agreed in a landmark deal after a marathon 37-hour negotiation between the European Parliament and EU member states...'

'...'there are concerns that few people understand how AI works, making it harder for regulators to hold people accountable for the decisions made, or actions taken, as a result...'

' No matter what happens in the next several years, it’s important to remember that digitization, disruption and technology and its applications—while exhilarating at times—comes with big doses of risk, even when the rules governing that risk have yet to be written ...'

'Given the current crisis – which shows no signs of abating – governments should adopt immediate and effective policies to combat inflation and to prevent financial crime arising from it...'