Our most recent enhancements focus on helping you supercharge the start of your process – identifying the most critical regulatory change documents you need to review quickly and easily.
We want to meet you where you work everyday. In addition to searching within the Compliance.ai platform, you can now use our new Regulatory Insights Bot directly within Slack or other business communication tools to ask your questions.
We also continued enriching our regulatory coverage, most notably introducing new concepts, and new content and regulatory updates for legislations, regulations, banking, finance, securities, and telecommunications related matters across the globe including Hungary, Luxembourg, Mexico, Vietnam, Canada, Australia, Switzerland, Colombia, Cayman Islands, Qatar, South Africa, Singapore, India, Israel, and the United States.
Introducing Compliance.ai’s Regulatory Insights Bot. Ask me a question today!
Our latest enhancement lets you use conversational AI to get regulatory insights or set up tasks and alerts.
You can use the Compliance.ai Regulatory Insights bot by asking questions such as “show me recent enforcement actions reports” or “alert me when new rules are published in Europe that impact my company”.
Our Regulatory Insights Bot can be used directly within Slack or other chat solutions to make your life simpler no matter what you’re looking for.
The bot communicates with you and you’ll receive links to review relevant regulatory changes that match your requirements.
The Compliance.ai Regulatory Insights Bot supports all document types, Agencies, Jurisdictions, Topics and Concepts that our platform has to offer.
To see the Compliance.ai Regulatory Insights Bot in action, attend our product office hours on Thursday, April 27 at 10am Pacific or schedule a demo for a 1:1 overview.
Integrate Concepts into regulatory review for a more efficient and focused process
Constructing the best possible search for key regulatory changes can be challenging. That’s why we continue to enhance our library of concepts. Concepts are automatically tagged on all documents available in our platform, allowing you to locate critical regulatory changes and associated documents related to specific topics with one click.
Our latest concepts focus on Corporate Banking, and include:
Concept Name
Description
Corporate Banking: Foreign Exchange Spot
A foreign exchange spot transaction, also known as FX spot, is an agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date.
Corporate Banking: Interest Rate Swap
An interest rate swap is a contractual arrangement be- tween two parties, often referred to as “counterparties”.
Corporate Banking: Multi-currency Remittance
The remittance or transfer of money in more than one currency.
Corporate Banking: Account Services
Services banks offer to their large corporate clients, usually publicly traded companies, on their day-to-day business.
Corporate Banking: Outright Forex Forward
An outright forward, or currency forward, is a currency contract that locks in the exchange rate and a delivery date beyond the spot value date.
Corporate Banking: Foreign Exchange Swap
A foreign exchange swap (also known as an FX swap) is an agreement to simultaneously borrow one currency and lend another at an initial date, then exchanging the amounts at maturity.
Corporate Banking: Debt Capital Markets
Offers capital raising services in the form of corporate bonds and government bonds on behalf of their clients. The clients served by the debt capital markets group are typically corporations and governmental entities.
Corporate Banking: Trade Finance
Tools, techniques, and instruments that facilitate trade and protect both buyers and sellers from trade-related risks.
To use any of our concepts within a search, simply add the concept of interest to your basic or advanced search, and then add other attributes such as agencies, jurisdictions, or publication date to further narrow your results.
If our new corporate banking concepts apply to your business, don’t forget to select them in your Default Filters so they are automatically added to your search when you access the Timeline or conduct your own searches.
All concepts associated with regulatory changes are listed in the Details right panel, giving you higher visibility to assess the potential impact of a regulatory change before you review the entire document.
If you have ideas for new concepts that would benefit you, reach out to us at support@compliance.ai and we’ll work with you to further extend our concept capabilities.
For a list of all Concepts provided by Compliance.ai, please check out our Concept documentation on developer.compliance.ai.
Speed up Regulatory Intelligence research: One Source for Regulatory Intelligence: Expanding Regulatory Coverage
We continued expansion of our regulatory coverage. You can now follow recent regulatory updates across specific lines of business and jurisdictions:
Topic based expansion:
Banking: related updates from Hungary, Luxembourg, Mexico, and Vietnam
Commerce: related updates from Quebec.
Regulations: related updates from New York.
Legislations: related updates from Ontario, Singapore, Louisiana, North Dakota, and West Virginia.
Finance: related updates from Australia, Switzerland, Colombia, Cayman Islands, Mexico, Qatar, South Africa, and the US Department of Veterans Affairs.
Securities: related updates from India, Israel, Singapore, the North American Securities Administrators Association and the Securities and Exchange Commission.
Telecommunication: related updates from Canada.
Jurisdictional expansion:
Australia: updates from the Australian Council of Financial Regulators (AUS-CFR).
Canada: updates from the Legislative Assembly of Ontario (CAN-ONLA), and Quebec Autorité des marchés publics (CAN-QCAMP).
China: updates from the Financial Supervisory Commission of Taiwan (CHN-TFSC).
Colombia: updates from the Unidad Regulación Financiera Colombia (Financial Regulatory Unit) (COL-URF).
Cayman Islands: updates from the Cayman Islands Monetary Authority (CYM-CIMA).
Hungary: updates from the Magyar Nemzeti Bank (Hungarian National Bank) (HUN-MNB).
India: updates from the Securities and Exchange Board of India (IND-SEBI).
Israel: updates from the Israel Securities Authority (ISR-ISA).
Jersey: updates from the Jersey Financial Services Commission (JEY-FSC)
Luxembourg: updates from the Luxembourg Banker’s Association (LUX-ABBL).
Mexico: updates from the Mexican National Banking and Stock Commission (MEX-CNBV), and Comisión Nacional para la Protección y Defensa de los Usuarios de Servicios Financieros (MEX-CONDUSEF).
Switzerland: updates from the Financial Market Supervisory Authority of Switzerland (CH-FINMA)
Qatar: updates from the Qatar Financial Markets Authority (QAT-FMA)
Singapore: updates from the Singapore Parliament (SGP-PARL) and the Singapore Exchange Group (SGP-SGX).
Vietnam: updates from the State Bank of Vietnam (VNM-SBV).
South Africa: updates from Financial Intelligence Center of South Africa (ZAF-FIC).
United States: updates from the Chicago Mercantile Exchange (CME), Department of Veterans Affairs (VA), Securities and Exchange Commission (SEC), Louisiana Legislature (LA-LEG), North Dakota Legislative Assembly (ND-LA), New York City (NY-NYC), and West Virginia Legislature (WV-LEG).
Tip of the Month: Learn at your own pace using our Training Center
At Compliance.ai, we try to keep things simple, but with so many capabilities, there’s a lot to learn. Whether you’re just starting out, or you’re an old hand who needs information on a specific topic such as integrating with a partner solution, our Training Center is your one stop shop for information about our platform.
To access the Training Center, click on the Question Mark icon on pro.compliance.ai and select Training Center.
Once you’re in the Training Center, select the self-paced training that meets your needs, reach out for new user onboarding, or request professional services.
We also host monthly product team office hours. Join us for a lively discussion on alerts on April 27th at 10am Pacific. If you haven’t received your invitation, reach out to us at support@compliance.ai to get access.
Please visit Agency Sources within the documentation section of our Developer Platform website and bookmark the pages as we update them frequently!
Update your Default Filters at any time to take advantage of our new regulatory sources.
We hope you enjoyed this product update!
Client feedback is always welcome. Please contact our support team with any questions or feedback or schedule a time to review our new features. Remember that you can always access the Training Center under the Help (?) section of the platform for more information.
Asif Alam
CEO & Board Member
Asif Alam is the Chief Executive Officer at Compliance.ai. A leader in shaping disruptive technology, his experience includes building products using AI and natural language processing for GRC, payments, lending, risk, trading, and new solutions, from Fortune 500 companies to startups.
In his most recent role, he served as the Chief Strategy Officer of ThoughtTrace, unlocking new revenue streams and markets, and reignite portfolio growth. ThoughTrace was then acquired by Thomson Reuters in 2021.
He brings more than 20 years of management and business experience; increasing profitability, unlocking new revenue streams and markets, and reignite portfolio growth for companies like Thomson Reuters, Crux Informatics, and Finastra. Asif is a forward-thinking expert driving engagement via client forums, public presentations, and white papers.
Cesar Lee is a Principal at WRV, a venture capital fund focused on early-stage investments in hardware, semiconductor, and other technology-related companies. Previously, he was an investment professional at Riverwood Capital, a technology-focused, late-stage venture capital, and private equity fund. He began his career at RBC Capital Markets, where he was part of the Mergers & Acquisitions group for two years and the Equity-linked & Derivatives group for one year. While at RBC, Cesar spent a majority of his time working on M&A advisory transactions for technology companies.
Cesar’s investment experience includes buyouts, later stage, early stage and seed rounds. Cesar has completed transaction in the U.S., Latin America, and Asia, and in technology sectors including data centers, software, semiconductors, consumer electronics, robotics, big data, and internet.
Maria Devassy is a RegTech, Content, and Technology leader with over 20 years of experience helping companies bridge the gap between technology, product, and business. Maria has held leadership positions with MetricStream, KPMG, Oracle Corporation, and other technology companies. She has launched several successful RegTech products, business partnerships, and advised Fortune 100 clients on risk management, audit, advisory, and compliance business across Industries.
Hugh Cadden is a recognized expert in derivative financial and trading markets including futures, options, and swaps. Hugh is currently a senior consultant and expert with OnPoint Analytics, Inc. an economic, finance and statistical consultancy specializing in expert testimony for complex litigation. He has been specializing in the organization, operation, and regulation of financial and trading markets for over 40 years. Hugh’s experience includes both the public and private sectors and he has held senior level positions with the U.S. Commodity Futures Trading Commission including serving as Director of the Division of Trading and Markets and Deputy Director of Enforcement. He has been qualified as an expert on financial and trading market matters before the Commodity Futures Trading Commission, the Securities and Exchange Commission, the U.S. Tax Court, Financial Industry Regulatory Authority, National Futures Association, American Arbitration Association and federal courts.
Drake Ross is a former bank regulator who specialized in compliance with consumer protection regulations while at the OCC, FDIC, and OTS. While at these agencies, he provided extensive training and guidance and developed materials to ensure full comprehension and proper application of rules, laws, policies, and guidance, and served as a Subject Matter Expert in numerous areas. Because of his expertise, he often presented at agency and industry events. He also played a significant role in successful windup of the 2008 IndyMac Bank failure, where because of his extensive knowledge of the FDIC deposit insurance regulations, he was called upon to administer highly-complex insurance determinations.
Carliss Chatman is an Assistant Professor of Law teaching Contracts, Agency and Unincorporated Entities, Corporations, and Transactional Skills. Her work is influenced by over two decades of service on non-profit boards and involvement with community organizations. Through leadership positions, she has developed expertise in corporate governance and non-profit regulation. She has also been instrumental in strategic planning and fundraising efforts. Prior to law teaching, Professor Chatman was a commercial litigation attorney in Houston, Texas. In practice, she focused on trial law, appeals and arbitration in pharmaceutical, health care, mass torts, product liability, as well as oil, gas, and mineral law. In addition to negotiating settlements and obtaining successful verdicts, Professor Chatman has also analyzed and drafted position statements regarding the constitutionality of statutes and the impact of statutory revisions for presentation to the Texas Legislature.
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Mariam is an Operating Principal at Cota Capital. Mariam has experience providing guidance on strategic and operational planning to Venture and Growth stage companies. Prior to Cota Capital, Mariam spent her career in management consulting as a Director at KPMG. She has experience leading global transformation programs and developing innovative service offerings for Fortune 500 companies in the Technology sector. Mariam has an MBA from UCLA’s Anderson school of management with an emphasis in Finance and Entrepreneurship. She has a Bachelors in Science in Finance and a Bachelors in Science in Economics from Santa Clara University.
Chris Callison-Burch is an Associate Professor in Computer and Information Science Department at the University of Pennsylvania. His research interests include natural language understanding and crowdsourcing. He has served the Association for Computational Linguistics as the General Chair for the ACL 2017 conference, as an action editor for the Transactions of the ACL, as an editorial board member for the Computational Linguistics journal, and an officer for NAACL (the North American chapter of the ACL) and for SIGDAT (the special interest group for linguistic data and corpus-based approaches to natural language processing)
Tom Ladt is an experienced executive and investor. Tom has lead and served on the boards of several public and private companies serving highly regulated industries such as technology, healthcare, real estate, and food processing. Tom has also served in key governmental roles and on numerous community boards.
Jeroen Plink is a global executive with a proven track record of developing and growing businesses, teams, and technologies with innovation and passion. Jeroen was CEO of Practical Law US during its acquisition by Thomson Reuters. He now serves on numerous boards and acts as a strategic consultants for start-ups.
Global Legal and Compliance executive with 15+ years of success in the SaaS technology and financial services industries. Partner to the CEO and executive team in corporate transactions, business development, product expansion, and regulatory navigation during periods of intense growth and organizational change. An advocate of effective risk management that starts with sound business practices and putting the customer first.
Richard Dupree has held multiple Risk, Compliance and Operations positions at regional, national, and global financial services firms including Wells Fargo, Silicon Valley Bank, Bank of the West and BNP Paribas. Rick currently advises FinTechs and RegTechs and sits on industry panels, contributes to industry whitepapers, thought leadership efforts, and speaks at industry seminars on Risk and Compliance challenges faced by banks and FinTechs.
Brian advises clients on legal and regulatory compliance in the financial, tech, and procurement sectors. His passion is helping businesses succeed in heavily regulated environments. As counsel and trusted advisor to businesses of all sizes, and as a former regulator, policymaker, and federal official, Brian acutely understands the unintended burdens that even well-intentioned government requirements can put on innovation and business growth, as well as how to create policies that strike the right balance.
Brian served as National Ombudsman in the Obama Administration, leading the federal Office of Regulatory Enforcement Fairness in assisting hundreds of startups, entrepreneurs, and small business owners in every industry and every state.
Dr. Marsha Ershaghi Hames is Managing Director of Strategy & Development at LRN, a leader in advising and educating organizations about ethics and regulatory compliance, as well as corporate culture, governance and leadership. With the focus of inspired behavior versus required behavior, LRN is a leading voice in the industry for companies to build ethical cultures instead of “check-the-box” compliance approaches. She’s advised Department of Justice corporate monitors on successful program transformation under CIAs (Corporate Integrity Agreements. With over 20 years of experience in leading multinational ethics and compliance strategies, Marsha has become a highly sought-after thought leader on leading Corporate Compliance and Ethics practices.
Carla Carriveau is currently the Senior Managing Counsel at Wealthfront, an automatic investment service firm in Redwood City, California. Carla was previously Senior Counsel, Division of Trading and Markets, at the United States Securities and Exchange Commission. As a former regulator with over 15 years of experience in helping small businesses navigate legal and regulatory needs in the financial services sector, Carla advises Compliance.ai on financial services regulation, the regulatory landscape and industry practices.
