Financial strategy intelligence to lead, innovate & grow.

Want to get your daily slice of CFO knowledge to your inbox? Sign up now

CFO Slice equips you to stay ahead of crucial financial trends shaping your role. Every weekday, our unique blend of AI, finance experts, and researchers monitor 100,000s of sources to deliver a summary of the most pertinent and actionable insights to help you navigate, innovate, and expand.

From financial strategies, market analysis, risk management, investment opportunities, to tech advancements and executive interviews. CFO Slice is the premier online news source in the US dedicated to covering the latest headlines, articles, reports, and insights, ensuring you're well-informed about the dynamic world of finance and leadership.

CFO-Slice banner
Recent Editions
 
as-recent-na
CFO Slice
Clear compliance writing and responsible AI use are 'key to managing financial risk'

Writing for Reuters, attorney Ola M. Tucker emphasizes that financial institutions must prioritize plain-language compliance writing and responsible use of artificial intelligence (AI) to reduce regulatory risk. Effective compliance programs require clear, actionable documentation that employees can understand and implement - especially under increasing regulatory scrutiny. Recent enforcement actions, such as the $1.3bn fine against TD Bank, highlight the cost of unclear policies and poorly implemented controls. While AI can aid in drafting compliance documents, regulators stress that legal accountability remains with the institution. AI tools must be used under strict governance, including legal oversight and operational testing, to avoid inaccuracies or noncompliance. Ultimately, institutions are advised to treat compliance writing as a critical operational control - using AI to support, not replace, professional judgment.

Full Issue
 
top-shadow
Read the latest Accountancy highlights