Tag: compliance

True Office Learning Wins Gold Brandon Hall Award with Pfizer in Best Advance in Compliance Training Category

NEW YORK, Oct. 6, 2020 /PRNewswire/ — True Office Learning, the creator of ground-breaking adaptive e-learning technology that measurably improves performance in organizations around the world, announced today that it is the recipient of a Brandon Hall Gold award, in conjunction with Pfizer, for Best Advance in Compliance Training category within the Human Capital Management Excellence Awards. The award is for an innovative program True Office Learning built for its client, Pfizer, that infuses technology, analytics, and adaptability into Pfizer’s compliance training.

“I couldn’t be more proud of the work our two teams have accomplished together,” says True Office Learning CEO Neha Gupta. “The truth is, our technology capabilities thrive when we have innovative change agents like Pfizer as partners. They recognize the strategic advantage working with the latest learning technology can bring and allow us to combine the best subject matter expertise with innovation that increases efficiency,

Read More

Now Is The Time To Go Digital With Compliance Training

By Alexander Holtan

Law360 is providing free access to its coronavirus coverage to make sure all members of the legal community have accurate information in this time of uncertainty and change. Use the form below to sign up for any of our daily newsletters. Signing up for any of our section newsletters will opt you in to the daily Coronavirus briefing.

Law360 (October 5, 2020, 1:00 PM EDT) —

Alexander Holtan
Alexander Holtan

With the U.S. Department of Justice’s “Evaluation of Corporate Compliance Programs” guidance recently undergoing updates and the pandemic forcing most of us into a remote work situation, now is a great time to reevaluate your compliance programs and consider going digital and on-demand with your compliance training.

In my experience, well before the pandemic was on anyone’s radar, major players in the energy industry were already asking for a solution to deliver complex compliance training in a digital format.

Read More

5 tips for adapting your app marketing strategy to data compliance – and gain user’s trust

The number of smartphone users worldwide today surpasses three billion and is forecasted to grow further, and so is the amount of data they are generating about themselves with apps on their smartphones. People used to have a relaxed attitude towards sharing this data and their sensitive personal information with apps. There have always been people who wanted to be among the first users of trending apps and didn’t think twice before giving their consent to share any information that apps requested.
Nowadays, the situation has changed. Data security and privacy have become a serious issue of our era. Data privacy concerns have increased due to numerous public data protection scandals. Because of this, consumers seek transparency about what data they are actually sharing with companies. Their willingness to share this information has also decreased – in particular with big tech companies and advertisers, due to a lack of trust.

Read More

Australia pledges $566 million in push for digital business compliance

SYDNEY (Reuters) – Australia said it will spend A$800 million ($566 million) on measures to help businesses take their administration and regulatory compliance online, citing higher demand due to changes brought by the COVID-19 pandemic.

The federal government said it would spend A$420 million coordinating Australia’s more than 30 company registers and put them online, “allowing businesses to quickly view, update and maintain their business registry data in one location”.

It would also spend A$257 million to expand a digital identity system for people interacting with the main government internet portal, including a permanent “director identification number” to help prevent “phoenix” activity where people avoid liability by shutting down one failed company and setting up a new one to carry out the same business.

The government said it would allocate the funding when it delivers its annual budget on Oct. 6. It usually unveils the budget in May but delayed

Read More

LMS365 Transforms Compliance, Security and Technology Training for Government Sector

EDGEWATER, Md. and AARHUS, Denmark, Sept. 22, 2020 /PRNewswire/ — LMS365 reached 100% growth in the government sector in the past year due to the increasing demand for simple, easy-to-access training, the company announced today. Providing a learning management platform built directly into Microsoft 365, LMS365 is transforming how government agencies deliver, track and report on training to employees within their existing IT infrastructure and tools.

Click to Tweet: As municipalities’ need for training increases, @lms365 sees exponential growth: https://tinyurl.com/yxsnwo5o #digitallearning

Across local, state and federal government organizations, compliance and regulation requirements continue to grow as workforces become more dispersed with the rise of remote work. To ensure that employees at all levels of the organization receive access to necessary training and learning, these organizations need a centralized approach that fits into their regular workflows. LMS365 is available in Microsoft’s Government Community Cloud (GCC) Public and GCC High

Read More

PortfolioAid and VigilantCS Form a Strategic Compliance Technology Partnership to Tackle Client-Focused Reforms (CFRs)

Canadian RegTech solution providers, PortfolioAid and VigilantCS, have formed a strategic partnership to help Canada’s wealth management industry tackle client-focused reforms (CFRs) with award-winning technology. Under CFR, firms must comply with new conflict of interest provisions by June 30, 2021, and new KYP/KYC suitability obligations by Dec. 31, 2021.

“Both firms automate and digitize core CFR controls to support wealth management firms, decreasing cost of compliance and improving evidence of compliance,” says VigilantCS CEO and Co-founder Rob Kirwin. “Together, we offer targeted and effective technology that provides insight into a broader set of compliance behaviours, improves efficiencies, and reinforces confidence.”

Notes PortfolioAid President Sam Webster, “PortfolioAid’s business focus has always been on providing solutions that improve financial, regulatory, and reputational outcomes for its clients. Wealth management firms can be confident they can satisfy CFR with PortfolioAid and VigilantCS because they will be able to draw on the combined knowledge, experience

Read More

How a compliance mindset undermines antitrust reform proposals

Facebook CEO Mark Zuckerberg speaks via video conference during an Antitrust, Commercial and Administrative Law Subcommittee hearing, on Capitol Hill, in Washington, Wednesday, July 29, 2020, on "Online platforms and market power. Examining the dominance of Amazon, Facebook, Google and Apple" No Use UK. No Use Germany.

The CEOs of America’s most powerful technology companies went before Congress recently to answer questions about their growing role in the U.S. economy. Lawmakers grilled the CEOs on their business practices and whether it is time to curb their companies’ market power. But for antitrust to work in the digital era, it must go beyond its traditional focus on market power to consider questions of public interest.

For years, technology ethicists have considered how to square the interests of major companies with the interests of society as a whole, and recent approaches to ethics in the technology industry provide a cautionary tale for antitrust policy. Our data ethics research shows that Big Tech companies tend to approach challenges from the perspective of compliance: that as long as a company ticks the boxes on a checklist, it is in the clear. While checklists can highlight concerns, they do not necessarily lead

Read More