The California Attorney General’s office has announced a settlement with the Walt Disney Co., resolving allegations that the company violated the California Consumer Privacy Act (CCPA) by failing to answer consumers’ requests to opt-out of the sale or sharing of their data across all devices and streaming services associated with Read More
In today’s fast-paced business environment, regulatory compliance has become both more critical and more complex. Organizations are expected to maintain rigorous internal controls, ensure transparency, and respond swiftly to audits all while managing sprawling IT ecosystems and evolving risk landscapes. Regulations like the Sarbanes-Oxley Act (SOX) demand companies adhere to Read More
GUEST BLOG POST For decades, managers and other stakeholders primarily viewed internal audit as a compliance function. They largely considered it the department that ensured policies were followed, checklists were completed, and boxes were ticked. In an era of corporate transparency, social accountability, and real-time risk exposure, however, that narrow Read More
This year, the compliance landscape is shifting on multiple fronts. Seven new U.S. state-level privacy laws are taking effect, the U.S. Department of Health and Human Services is proposing major changes to HIPAA—the most significant since 2013, and the EU AI Act is introducing sweeping new governance requirements for high-risk Read More
GUEST BLOG POST In many organizations compliance is treated like a seasonal performance, where everything is polished just in time for the audit. Controls are executed, evidence is gathered, standard operating procedures (SOPs) are followed to the letter, but only because someone is watching. Once the audit concludes, attention fades, Read More
Imagine driving on a constantly changing highway: the speed limits and lane directions are shifting and updating, the exit ramps and destinations rerouting, all while you are mid-journey. How do you, the driver, stay on course? You rely on an up-to-the-minute navigation system. You watch for new road signs. And Read More
The United States House Financial Services Committee approved a bill proposed by the House Republicans to cut funding from the Consumer Financial Protection Bureau and to dissolve the Public Company Accounting Oversight Board into the Securities and Exchange Commission. The legislation received some backlash from Democrats along the way however, Read More
Money laundering facilitates crime, threatens our national security, distorts markets, and has a devastating economic and social impact on citizens, according to the U.S. Department of the Treasury. Financial institutions are required to do their part to combat these threats. The Financial Crimes Enforcement Network (FinCEN), a bureau of the Read More
President Donald Trump signed an executive order that directs the Attorney General, Pam Bondi, to cease enforcement of the Foreign Corrupt Practices Act (FCPA) a law that prohibits American companies from bribing foreign officials. President Trumps said he believes that by issuing such an order, he will restore American competitiveness Read More
The Institute of Internal Auditors’ new Global Internal Audit Standards took effect on January 9, ushering in a new era in the practice of internal auditing. The Standards were first released in January of 2024 as part of the broader International Professional Practices Framework Evolution project. They provide a basis for Read More
