article thumbnail

6 Reasons Financial Institutions Are Embracing Risk and Regulation Tactics

Perficient Digital Transformation

This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. The Role of Regulatory Risk and Compliance 1.

article thumbnail

Red Flags On Export Controls and Economic Sanctions

The Global Small Business Blog

government has prioritized enforcement of export controls and economic sanctions laws and regulations, and penalties in individual enforcement actions can reach the hundreds of millions or even billions of dollars. Educating relevant personnel regarding export controls and economic sanctions red flags is important for numerous reasons.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Grill to Global: Exporting the BBQ Experience (wegginar® 9/6/23)

The Global Small Business Blog

Buckle up for some exporting knowledge Global Small Business Blog fans! ? ? Her dedication and expertise in navigating trade regulations have propelled the company’s success in #exporting premium food products worldwide. ©2023 Women Entrepreneurs Grow Global. All rights reserved. ? ? Re-read that: passionate exporter!

article thumbnail

U.S. and China Talks On AI Could Have Far-Reaching Implications For the Future of Global Commerce

The Global Small Business Blog

The discussions are poised to cover crucial aspects of AI technology and regulation, and the outcomes may influence regulatory frameworks, technology trade policies, and cooperation in technological advancements.

article thumbnail

Think Ahead Before You Go Global

The Global Small Business Blog

Small businesses could be selling so much more internationally once they learn how to navigate the red tape of foreign regulations, tariffs and customs, as well as the complexity of collecting money. Selling to foreign countries involves many different regulations and costs, and if you’re not prepared you can lose your shirt.”

article thumbnail

How to implement the General Data Protection Regulation (GDPR)

IBM Services

The General Data Protection Regulation (GDPR), the European Union’s landmark data privacy law, took effect in 2018. Irish regulators hit Meta with a EUR 1.2 Learn how IBM Guardium® Insights can help streamline compliance reporting with preconfigured workflows for GDPR, CCPA, and other key regulations.

article thumbnail

Helping enterprises across regulated industries leverage hybrid cloud and AI

IBM Services

For those in even the most highly regulated industries, we have seen these challenges continue to grow as they navigate changing regulations. In highly regulated industries such as the public sector, it is also important to keep citizen’s sensitive data secured.