Navigating Healthcare Compliance in a Dynamic Landscape: Steadfast Amidst Change

In the labyrinthine world of healthcare, where the pursuit of patient well-being reigns supreme, compliance stands as a guardian of integrity and safety. In this piece, we explore the nuances of navigating healthcare compliance in an ever-evolving landscape, and how this pursuit is fundamental to our commitment to excellence. Healthcare compliance is a complex symphony …

Key Objectives of Handling Regulatory Compliance in Technology

The technology sector faces a growing number of regulatory requirements, particularly in areas such as data privacy, cybersecurity, consumer protection, and intellectual property. Governments around the world are enacting and strengthening regulations to address the evolving digital landscape and its associated risks. Here are some key aspects of regulatory compliance in technology: Data Protection and …

Compliance Technology, Redefined: Embrace the Renaissance in Compliance Management

As the landscape of the financial industry evolves, so too must the approach to regulatory compliance. Compliance professionals are tasked with the critical responsibility of ensuring their organizations’ adherence to a complex web of rules set out by regulatory bodies like the Financial Industry Regulatory Authority (FINRA) and the Securities and Exchange Commission (SEC). As …

Artificial Intelligence in Compliance

Can AI transform the way we work with compliance? Compliance has been fundamental in all human activity and societal structures of all ages, and it is easy to forget how omnipresent this is in our daily lives where virtually all the things we surround us with and services we consume has been through some kind …

The Difference Between Compliance & Risk Management: What You Need to Know

Lots of people hear the terms compliance and risk management and assume the two terms are the same. While there is overlap between the two, it’s important to know the differences so you can assure your company is using each strategy to its full advantage. Let’s look at what each strategy is, how they differ, …

Risk Management or Compliance?

Is risk management taking a back seat to compliance? Risk management frameworks are often seen as a lower priority than the specific activities associated with compliance. In a busy commercial environment, it is easy to focus on complying with rules rather than implementing effective risk management. It is also easy to focus on a headline, …

Compliance Risk Management using MI

Management information (MI) to identify compliance related risks and issues within a financial services entity  can be wide-ranging.  Metrics such as KPIs and KRIs serve as risk management tools that can be used as an “early warning” signal, to address an issue before it increases in gravity.  MI can help uncover systemic issues and track …

Getting your GRC into the hands of decision makers

“Risk Culture – the values, beliefs, knowledge, attitudes and understanding about risk shared by a group of people with a common purpose.” Institute of Risk Management To successfully influence risk culture, we need great structural mechanisms or formal arrangements that support strong risk management practices in our systems, policies, procedures, and governance – and – …

Educators promote parental involvement in education plans

WASHINGTON COUNTY, Md. – Toni Nelson is the coordinator of the Family Support Resource Center, and she assists parents of children and young adults with special needs. However, she too, has personal experience in the matter. “My son completed his education at the age of 21, and that encouraged him to get more job skills,” …

Blockchain for Business Series: Understanding Business and Technological Design Imperatives of Central Bank Digital Currency (CBDC)

Introduction: What is Central Bank Digital Currency (CBDC) and Why Is It Important? In this post we plan to expend some time and energy in understanding Central Bank Digital Currency or CBDC. While the notion of “Central Banks” implies centralized control and governance structure the term itself may be against the doctrine of decentralization which lays …