New and Enhanced Features on Compliance.ai: April – May
August 2, 2024
We’ve recently focused on increasing the speed and efficiency of your Compliance.ai experience. Try our new customizable search views to create your own preferred regulatory document review experience. Once you’ve located a document of interest, simply glance at the right panel to see whether you have a past due or todo task. When you’re ready to drill in and analyze a document, try adding annotations or obligations with a single click to add your own intelligence within the Compliance.ai platform.
We also continued enriching and expanding our regulatory coverage, including: regulatory updates for aviation, banking, corporate affairs, consumer affairs, commerce, data protection, defense, employment, finance, insurance, legislations, public welfare, mortgage lending, privacy, real estate, regulations, securities, state governance, taxation, and telecom. Our expanding global coverage includes Australia, Brazil, Canada, China, Germany, Spain, European Union, France, Hong Kong, Georgia, India, Japan, Luxembourg, Mexico, New Zealand, Peru, Thailand, Turkey, United Kingdom, and the United States.
Make search your own with Compliance.ai’s new customizable search view
Whether you like to scan documents and see all available data at a glance, or prefer to review only the highlights before drilling down to a specific document, we’ve got you covered with our new search views. Our new search options allow you to choose the document data you wish to view within the Timeline, Enforcements, News and general search results areas of our platform. To quickly scan a list of documents, remove less critical data elements and see more focused, easier to digest list items. If you want to review document details without drilling into the document details right panel, add all available data.
New Search Table
To change your list view, simply click the Settings button (gear icon) and select what you’d like to view. Your selections persist, so there’s no need to update if you’re satisfied with your view. Also note that your settings are unique. You and your colleagues can maintain your own settings to suit your specific needs.
Add your own intelligence to regulatory changes with one click annotations
Compliance.ai has enhanced Annotations and Obligations, making it easier than ever to add your own analysis to sentences within regulatory documents. Rather than having to actively highlight a specific sentence, simply click on the sentence and choose “Add Annotations” or “Add Obligations”. To select more specific text, simply highlight the desired text and then choose the appropriate action.
One Click Annotations & Obligations
Stay on top of your workflow tasks with new task indicators
Whether you’re scanning documents in our specialized Timeline or Enforcement views or reviewing documents from one of your alerts, it’s important to know where you need to take action. To help you quickly identify documents with To Do or Past Due tasks that are assigned to you, we’ve added a color-coded icon to the Tasks right panel. If you see a red icon, your task is overdue and may require immediate attention. Blue icons indicate that you have upcoming tasks.
Of course, you can still rely on workflow emails and the specialized Tasks page to stay on top of your tasks.
Task Indicator – Right Panel Icon
Speed up regulatory research using one source for Intelligence: Expanding Coverage
We continued expansion of our regulatory coverage. You can now follow recent regulatory updates across specific lines of business and jurisdictions:
Aviation: related updates from the United States.
Banking: related updates from China, Georgia, Luxembourg and New Zealand.
Corporate Affairs: related updates from India.
Consumer Affairs: related updates from the United States.
Commerce: related updates from the United States.
Corporate Affairs: related updates from India.
Data Protection: related updates from Germany and Turkey.
Defense: related updates from the United States.
Employment: related updates from Canada.
Finance: related updates from Canada (Alberta, Quebec), European Union, France, Japan, United Kingdom and the United States.
Insurance: related updates from Canada (Manitoba) and the United States.
Legislations: related updates from Australia, Canada (Alberta), Germany and Mexico.
Public Welfare: related updates from Canada (Ontario).
Mortgage Lending: related updates from the United States.
Privacy: related updates from the United States (California).
Real Estate: related updates from Canada (Alberta).
Regulations: related updates from Canada (Quebec), Mexico, and the United States (Arizona, California, and Iowa).
Securities: related updates from Australia, Brazil, Spain, Hong Kong, India, Peru, Thailand, United Kingdom and the United States.
State Governance: related updates from the United Kingdom.
Taxation: related updates from the United States (Massachusetts, South Carolina).
Telecom: related updates from the United States.
Australia: updates from the Australian Securities & Investments Commission [AUS-ASIC], Government of Australia [AUS-GOV], and Parliament of Australia [AUS-PARL].
Brazil: updates from the Comissão de Valores Mobiliários [BRA-CVM].
Canada: updates from the Canadian Investment Regulatory Organization [CAN-CIRO], Legislative Assembly of Alberta [CAN-ABLA], British Columbia Financial Services Authority [CAN-BCFSA], Accessibility Directorate of Ontario [CAN-ONAD], Autorité des marchés financiers Québec [CAN-QCAMF], Insurance Council of Manitoba [CAN-MBIC], Office of the Superintendent Pension Commission Manitoba [CAN-MBOSPC], Canadian Investor Protection Fund [CAN-CIPF], Gouvernement du Québec [CAN-QCGOV], and Real Estate Council Alberta [CAN-RECA].
China: updates from the China Banking and Insurance Regulatory Commission [CHN-CBIRC].
European Union: related updates from Financial Data Exchange [EU-FinDatEx].
France: related updates from the French Association of Financial Markets [AMAFI].
Germany: related updates from the Bundesamt für Sicherheit in der Informationstechnik [DEU-BSI] and Deutscher Bundestag [DEU-BT].
Georgia: related updates from the National Bank of Georgia [GEO-NBG] and Parliament of Georgia [GEO-PARL].
Hong Kong: related updates from Hong Kong Securities and Futures Commission [HKG-SFC].
India: related updates from Ministry of Corporate Affairs of India [IND-MCA], and Securities and Exchange Board of India [IND-SEBI].
Japan: relatedupdates from the Ministry of Finance Japan [JP-MOF] and Japanese Financial Services Agency [JP-FSA].
Luxembourg: related updates from the Banque Centrale du Luxembourg [LUX-BCL].
México: related updates from México Secretaria de Gobernacion [MEX-SEGOB], and Secretaria De Hacienda Y Credito Publico [MEX-SHCP]
New Zealand: related updates from Reserve Bank of New Zealand [NZL-RB].
Perú: related updates from Superintendencia del Mercado de Valores [PER-SMV].
Spain: related updates from La Comisión Nacional del Mercado de Valores [ESP-CNMV], Comisión Nacional de los Mercados y la Competencia [ESP-CNMC], Cortes Generales de Espana [ESP-CG], Ministerio de Hacienda y Función Pública [ESP-MHFP], and Ministerio de Economía, and Comercio Y Empresa [ESP-MECB].
Thailand: related updates from the Securities and Exchange Commission of Thailand [THA-SEC].
Turkey: related updates from Digital Transformation Office of the Presidency of Republic of Türkiye [TUR-DTO].
United Kingdom: related updates from London Stock Exchange [UK-LSE], Office of Financial Sanctions Implementation [UK-OFSI] and UK Parliament [UK-PARL].
United States: updates from the Supreme Court of Arizona [AZ-SC], California Privacy Protection Agency [CA-PPA], State Bar of California [CA-SB], Chicago Mercantile Exchange [CME], Federal Aviation Administration [FAA], Federal Communications Commission [FCC], Financial Crimes Enforcement Network [FINCEN], Massachusetts Department of Revenue [MA-DOR], Massachusetts Office of Consumer Affairs and Business Regulation [MA-OCABR], Municipal Securities Rulemaking Board [MSRB], National Credit Union Administration [NCUA], Small Business Administration [SBA], South Carolina Revenue and Fiscal Affairs Office [SC-RFA], U.S. Customs and Border Protection [USCBP], Iowa Supreme Court [IA-SC], and Freddie Mac [Freddie].
Tip of the Month: Need to maintain labels across document versions? Let our Label Service Connector do the work for you.
Labeling documents is an easy and convenient way to enrich documents with information you can share across your organization. For example, you might want to add controls, topics, or even project names to ensure that you and your colleagues can find the most critical documents for your research needs.
The only trouble is, labels are static while regulatory documents change. If you’re a Team Edition or Service Connector Edition user, you’re in luck. Our special labeling service connector automatically adds labels from prior versions of a regulatory document to newer versions as soon as they are available on the Compliance.ai platform!
If you are interested in having us implement this capability for your organization, reach out to us at support@compliance.ai and we’ll put our bot to work for you.
Label Version 1 …
… and let the Service Connector do the rest
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.
