Neil Hodge

2 weeks ago | complianceweek.com | Neil Hodge

The UK’s financial regulator has come under fire for its announcement that it is going to delete emails after a year in an effort to become a more “efficient” regulator, raising concerns that it might accidentally erase evidence in the process. Up until now, the Financial Conduct Authority (FCA) has retained all emails as a matter of policy, with staff being responsible for marking emails that should be saved as important records.

3 weeks ago | rmmagazine.com | Neil Hodge

For the past few decades, the prospect of a trade war triggered by tariffs and other protectionist policies had never posed a serious risk to companies, but times have changed. With the United States announcing sweeping tariffs on all imports, as well as higher reciprocal tariffs on dozens of countries, uncertainty remains about how, when and to what extent other countries will respond, while experts expect far-reaching and significant impacts to both businesses and consumers.

3 weeks ago | rmmagazine.com | Neil Hodge

Compliance training is often dismissed as a “check-box” exercise that satisfies regulatory or contractual requirements but does not provide any real value. Regulators, professional bodies and other key stakeholder groups may see the benefits of promoting enterprise-wide awareness about the legal risks arising from a range of key issues such as cybersecurity and data protection, modern slavery, or health and safety.

1 month ago | complianceweek.com | Neil Hodge

A European Union-wide ban on AI systems with “unacceptable” risk came into force on Feb. 2 as the first provisions of the EU’s AI Act took effect. Problems persist, however, over what the legislation requires and what corporate practices or uses of data may risk flouting the rules. The part of the AI Act that has come into effect first concerns technologies that potentially risk causing the greatest harm to consumers.

1 month ago | complianceweek.com | Neil Hodge

A European Union-wide ban on AI systems with “unacceptable” risk came into force on Feb. 2 as the first provisions of the EU’s AI Act took effect. Problems persist, however, over what the legislation requires and what corporate practices or uses of data may risk flouting the rules. The part of the AI Act that has come into effect first concerns technologies that potentially risk causing the greatest harm to consumers.