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In a relatively short time, artificial intelligence tools have exploded in capability and adoption, impacting industries and dominating corporate board room discussions. With innovation and rapid technology transformation now common strategic priorities for corporations, AI has also become a front and center risk consideration in the minds of legal, compliance and privacy professionals.
Because AI relies on vast amounts of data, sometimes including personal data, to deliver real-time analysis, predictions, responses or insights, it inherently introduces an array of legal, regulatory, reputational and financial risks. Many of these issues were discussed in the AI Governance in Practice Report from IAPP and FTI Technology, released earlier this year.
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The DOJ's Criminal Division issued three declinations since the issuance of the revised CEP a year ago. Review of these cases gives insight into DOJ's implementation of the new policy in practice.
This article discusses the practical and policy reasons for the use of DPAs and NPAs in white-collar criminal investigations, and considers the NDAA's new reporting provision and its relationship with other efforts to enhance transparency in DOJ decision-making.
The parameters set forth in the DOJ's memorandum have implications not only for the government's evaluation of compliance programs in the context of criminal charging decisions, but also for how defense counsel structure their conference-room advocacy seeking declinations or lesser sanctions in both criminal and civil investigations.
This article explores legal developments over the past year that may impact compliance officer personal liability.
There is no efficient market for the sale of bankruptcy assets. Inefficient markets yield a transactional drag, potentially dampening the ability of debtors and trustees to maximize value for creditors. This article identifies ways in which investors may more easily discover bankruptcy asset sales.