Reduce regulatory request costs by utilizing in-house eDiscovery tools
Meeting compliance costs is a never-ending project for businesses. The Thompson Reuters 2017 Cost of Compliance report, stated 53% of global organisations expected their compliance budgets to moderately or significantly increase over the following 12 months. In addition, 60% believed the cost of…
How in-house counsel can utilize eDiscovery platforms for regulatory requests
In late September 2018, it was reported that EU anti-trust regulators were investigating whether BMW, Daimler, and Volkswagen colluded to restrict the rollout of clean emission technology. An EU executive involved in the investigation said the "circle of five" - BMW, Daimler and Volkswagen Group's…
IT Teams, Regulatory Requests And eDiscovery – A Perfect Ménage à Trois
Few situations can cause as much stress to IT departments as a regulatory request for information. With little warning, teams are required to trawl through copious amounts of data, in an attempt to extract relevant material.
Attention corporate counsel...
...eDiscovery doesn't have to keep you up at night If there is one part of the job likely to keep corporate counsel awake (and usually in the office) all night, it is eDiscovery. Having barely come to grips with the vast number of documents contained on servers and in emails, electronically stored…
The first ten search queries of a regulatory agency: an ACEDS Benelux eDiscovery Event
As the number of regulators grows, so does the amount of requests for information. There can be questions asked related to fiscal, environmental, privacy, finances, or health matters; you’re expected to answer all inquiries in a timely fashion.
Why controlling eDiscovery costs is possible
Performing eDiscovery is basically writing blank checks. Well, maybe not literally. But the way eDiscovery gets handled currently is pretty much boils down to the same thing. Case in point: your company gets a request for information. Whether that request comes via discovery in a court case or from…
How to cut eDiscovery costs without increasing risk
For company’s General Counsel, protecting the company’s good name is key. Part of that protection is (co-)coordinating IT’s decisions about corporate data collection and storage platforms with the CFO’s mandates about controlling cost. Those decisions have very real legal implications only you can…
Tackling eDiscovery for FCPA investigations
Since 2007, the Foreign Corrupt Practices Act (FCPA) has brought about among the most dramatic international enforcement in the world. The number of FCPA enforcement actions has increased across industry types, and fines have been increasing ever since.
AI techniques for handling regulatory requests and internal investigations
Regulatory requests are always unannounced and can be very disruptive for your daily business. These requests for information and documentation from regulatory bodies or external auditors come in different forms but should never be under-estimated.
