Regulatory Compliance Archives

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 SAI360|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 SAI360|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 SAI360|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 SAI360|2025-04-28T02:51:52+00:00August 15th, 2024|Governance, Risk & Compliance: GRC, Regulatory Change|

Global GRC Roundup: Five Regulations Businesses Must Know

Several significant regulatory developments have emerged globally that businesses must be aware of. Ongoing regulatory changes only highlight the importance of staying informed and adapting to new compliance requirements to ensure business resilience and ethical operations in a rapidly evolving landscape. Here are five key regulations to know: FCA’s Consumer Duty for Closed Products and Services The UK Financial Conduct Authority (FCA) Consumer Duty, which ...

By SAI360|2024-08-05T06:45:18+00:00August 5th, 2024|Governance, Risk & Compliance: GRC|

Five Things to Know About DOJ Guidance on Compliance Programs

Well-designed and effectively implemented compliance programs are essential for avoiding regulatory fines, maintaining a positive corporate reputation, and mitigating risks. Understanding and adhering to these guidelines helps companies continuously improve their compliance strategies, ensuring they are robust and adaptive. The Department of Justice’s (DOJ's) guidance on compliance programs underscores the need for continuous improvement and practical effectiveness. Organizations must move beyond static, paper-based compliance programs to ...

By SAI360|2025-06-05T17:09:03+00:00August 1st, 2024|Ethics & Compliance Learning|

July GRC News: Five Regulations Impacting Business Around the World

Monitoring evolving regulations is a strategic business advantage. Doing so helps businesses stay compliant, manage risks effectively, and maintain a competitive edge. Understanding and adapting to new regulations can also prevent legal issues, enhance operational resilience, and build stakeholder trust. In short, it’s about how you can leverage regulatory change as opportunities for growth and improvement. Here are five of the many regulations organizations must ...

By SAI360|2025-04-28T02:48:56+00:00July 11th, 2024|Governance, Risk & Compliance: GRC|

Harnessing SAI360 Analytics for DOJ Compliance

The Department of Justice (DOJ) has updated its guidelines, emphasizing the critical role of robust data analytics in monitoring and enforcing compliance programs. What happened? The DOJ updated its guidelines in March 2023. Key areas of focus include compensation structures, misconduct investigations, and integrating compliance into company strategy. What’s next regarding DOJ compliance? Compliance professionals should revise policies, enhance training, conduct risk assessments, maintain ...

By SAI360|2024-06-06T11:58:19+00:00June 6th, 2024|Ethics & Compliance Learning|

New U.S. GRC Regulations 2024: What You Need to Know

The U.S. Governance, Risk Management, and Compliance (GRC) landscape is evolving rapidly in 2024 with new regulations. These regulations require stricter data privacy protections and enhanced consumer rights. Organizations must strengthen their data security and consumer privacy commitment or face penalties. Here are a few examples of new 2024 U.S. GRC regulations: Utah Consumer Privacy Act (UCPA): Effective December 31, 2023, this is a business-friendly data ...

By SAI360|2025-04-28T02:39:37+00:00June 5th, 2024|Governance, Risk & Compliance: GRC|

2023 Bank Failures Spur Proposed Changes by FDIC – What Risk Managers Need to Know (pdf)

Thank you for your interest in the 2023 Bank Failures Spur Proposed Changes by FDIC - What Risk Managers Need to Know eBook Download Organizations need effective tools and systems that support and reinforce a culture of compliance and ethical decision-making. This is where Governance, Risk, Compliance (GRC) software and Ethics & Compliance (E&C) Learning solutions come into play. Click here to schedule a virtual ...

By SAI360|2025-04-28T23:02:44+00:00May 31st, 2024|Ethics & Compliance Learning, Financial Services GRC, Governance, Risk & Compliance: GRC, Regulatory Change|

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

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

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

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

Global GRC Roundup: Five Regulations Businesses Must Know

Five Things to Know About DOJ Guidance on Compliance Programs

July GRC News: Five Regulations Impacting Business Around the World

Harnessing SAI360 Analytics for DOJ Compliance

New U.S. GRC Regulations 2024: What You Need to Know

2023 Bank Failures Spur Proposed Changes by FDIC – What Risk Managers Need to Know (pdf)

Solutions

Why SAI360

Resources

Company