Holiday Gift or Bribe? When to Draw the Governance and Compliance Line

In the Governance, Risk, and Compliance (GRC) industry, ethical corporate gift-giving is crucial to uphold integrity and adhere to global anti-corruption laws. Employees must navigate complex regulatory frameworks and cultural nuances to ensure their actions align with both local customs and international legal standards.  A Snapshot of a Few Global Laws Governing Gift-Giving: UK Bribery Act 2010: This Act—which set the international benchmark for the future of compliance—criminalizes ...

By |2025-05-09T17:15:28+00:00December 16th, 2024|Governance, Risk & Compliance: GRC|

EU Tightens Rules on Greenwashing: What Companies Need to Know 

What is greenwashing? Greenwashing occurs when companies mislead consumers or investors about their environmental impact, presenting themselves as more eco-friendly than they truly are. For example, the company may be engaging in greenwashing if a product’s packaging uses unregulated terms like "clean" and "eco-friendly"—words that imply sustainability without actual certification.  This practice poses significant risks, especially as Environmental, Social, and Governance (ESG) becomes a priority ...

Three Things GRC and Training Leaders are Talking About: CustomerConnect Chicago Recap

As risk landscapes grow more intricate and regulatory demands intensify, outdated, siloed approaches to ethics, governance, risk, and compliance (GRC) can no longer keep up. Organizations need adaptive, integrated strategies to stay resilient. At SAI360’s CustomerConnect event in Chicago, GRC and Ethics & Compliance professionals gathered over two days in November to discuss these challenges openly. One of several global events recently hosted by SAI360, ...

By |2025-04-28T02:59:01+00:00November 14th, 2024|Ethics & Compliance Learning, Governance, Risk & Compliance: GRC|

Six Months Out: Cybersecurity Expert Robert Bond’s Predictions on Generative AI Regulations and Risks

As artificial intelligence (AI) continues to advance, regulatory frameworks are evolving in the blink of an eye across the globe. Both Europe and Canada, for example, are arguably at the forefront of shaping AI governance, each focusing on addressing AI's greatest ethical risks. For example, consider the EU AI Act, which is set to roll out fully in the coming months. This is designed to foster trust ...

By |2025-04-28T02:58:13+00:00October 22nd, 2024|Governance, Risk & Compliance: GRC, IT Risk & Cybersecurity|

Artificial Intelligence Poses Major Business Risks. Here’s How to Safeguard Your Tomorrow. 

Artificial intelligence (AI) is transforming industries worldwide. It's transforming rapidly, and even sweeping day-to-day media headlines. For instance, Tesla recently introduced its humanoid robot, Optimus, with Kim Kardashian's promotion of it on her social media channels helping make Optimus more of a global household name. Meanwhile, SpaceX launched India’s GSAT-N2 satellite, set to revolutionize broadband and in-flight connectivity across the region. SpaceX now has rockets ...

By |2025-04-28T02:58:00+00:00October 22nd, 2024|Data Privacy & Protection, Governance, Risk & Compliance: GRC|

DOJ’s New Compliance Rules AI Risks, Whistleblowers, Data Updates

New compliance rules are coming. This week, the U.S. Department of Justice (DOJ) released updated guidance on its Evaluation of Corporate Compliance Programs (ECCP). This news marks a significant shift in focus for organizations.   What Do Organizations Need to Know?  A September 2024 update now emphasizes the importance of managing risks associated with artificial intelligence (AI) compliance, enhancing whistleblower protection systems, and leveraging data ...

By |2025-05-08T21:41:38+00:00September 27th, 2024|Ethics & Compliance Learning, Whistleblowing|

BNPL Regulation Reclassifies Lenders as Credit Card Providers: Here’s What to Know

The Consumer Financial Protection Bureau (CFPB) has released an interpretive rule that applies the Truth in Lending Act (TILA) and Regulation Z to Buy Now, Pay Later (BNPL) products. This new rule reclassifies certain BNPL lenders as credit card providers. This change now brings certain BNPL lenders under Regulation Z’s governance. It also affects how Governance, Risk, and Compliance (GRC) professionals should oversee BNPL products ...

By |2025-04-28T02:55:41+00:00September 19th, 2024|Governance, Risk & Compliance: GRC, Regulatory Change|

The Balancing Act Between Corporate Hospitality and Regulatory Disaster: 5 Things to Know 

The allure of the Olympics--the inspiration, the energy, the elite athleticism you can witness firsthand--offers unique opportunities for corporate hospitality and relationship building. Especially the kind that drives new business growth and impact. But it also raises significant questions about gifts, hospitality, ethics, and governance, risk, and compliance (GRC).  Balancing Opportunity with Compliance  Future Olympic games coming up next in Italy, the U.S., and Australia represent ...

By |2025-05-12T13:32:59+00:00September 1st, 2024|Governance, Risk & Compliance: GRC|

What to Know About the EU AI Act, Effective August 2024

The European Union's AI Act (EU AI Act), effective starting August 1, 2024, represents a comprehensive regulatory framework aimed at managing artificial intelligence applications based on their associated risks. This landmark regulation introduces a tiered system. One that classifies AI systems into the following risk categories (each tied to distinct compliance requirements):  Low/no-risk   Limited risk   High-risk   Why was the EU AI Act created? To foster ...

By |2025-04-28T02:52:01+00:00August 15th, 2024|Governance, Risk & Compliance: GRC, Regulatory Change|

Is Your Company Ready? 10 Regulatory Compliance Issues to Watch in 2024

Regulatory compliance issues in 2024 are undergoing significant shifts, with new laws and standards being introduced worldwide. In the meantime, the European Union is rolling out stricter data privacy regulations, impacting companies across sectors. Additionally, several countries are tightening anti-corruption laws in response to recent bribery scandals involving multinational corporations. In addition, the EU AI Act came into effect in August of 2024. Staying informed about these ...

By |2025-04-28T02:51:52+00:00August 15th, 2024|Governance, Risk & Compliance: GRC, Regulatory Change|