block chain Archives - Corruption, Crime & Compliance

Real-World Applications of Blockchain to Compliance (Part II of II)

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7 Aug, 2018

Real-World Applications of Blockchain to Compliance (Part II of II)

The financial industry has embraced the future of blockchain technology. And for good reason. As a regulated industry that is required to provide regulators with large amounts of financial data, blockchain can make that process pain-free. Financial institutions have to collect, organize and deliver large amounts of risk data to federal regulators. Much of the information has been stored in “older” information technology systems and/or...

Drawing Legal Lines in Cryptocurrency Regulation: The Importance of Decentralization

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4 Jul, 2018

Drawing Legal Lines in Cryptocurrency Regulation: The Importance of Decentralization

The cryptocurrency market is exciting to watch. Based on the revolutionary blockchain distributed ledger system, cryptocurrencies have exploded on the marketplace. As with any new “gold rush” to hit a market, cryptocurrency has attracted scammers and common fraudsters, as well as sophisticated hackers who attack the cryptocurrency markets to steal valuable coins or other tokens. For the law-abiding investors and exchange operators, the CFTC, SEC...

Podcasts

3 Jun, 2018

Episode 41 — Compliance and Technology

Compliance professionals are learning about new technologies that are quickly evolving to aid the compliance function. We hear regularly about the promise of artificial intelligence and block chain technology. These new developments will have a significant impact on compliance. But for now there are other areas where technology can help compliance programs today, including automation, data collection and analytics and monitoring capabilities. In this episode,...