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AI Governance: A Critical Component of Corporate ESG Initiatives

Fico Collections

AI Governance: A Critical Component of Corporate ESG Initiatives. Thu, 05/12/2022 - 10:29. Wed, 08/03/2022 - 08:00. I spoke about governance, the ‘G’ in corporate environmental, social and governance (ESG) programs. From your perspective, why is governance critical when it comes to artificial intelligence?

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Company Insolvencies up 71% in the UK

UK debt collections

The latest Government insolvency statistics for Q3 2002 show a significant increase in the volume of companies in distress. There were 16,105 corporate insolvencies in the first three quarters of 2022 compared to 9,433 during the same period in 2021 – a 71% rise. There were no receivership appointments.

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Navigating the Critical Differences Between the CCPA and the CPRA

Troutman Sanders

Thursday, May 26 • 12:00 – 1:00 p.m. Over the last few weeks, the Troutman Pepper Cybersecurity, Information Governance, and Privacy team produced a five-part series that provided a detailed overview of the CPRA and how it compares to its predecessor – the CCPA. Notice and Disclosure Obligations. Data Processing Obligations.

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Personal Insolvency rising sharply according to new figures

UK debt collections

compared to October 2022’s figure of 10,528. Decline in IVAs The lower number of individual insolvencies compared to October 2022 was driven by a 27% decline in the number of IVAs. IVA numbers in 2023 to date have been lower than the record-high numbers in 2022. This was 71% higher than October 2022.

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Business Recovery: Options For Insolvent Businesses

Hudson Weir

The total number of company insolvencies in 2023 was 25,158, the highest number since the year 1993 and 14% higher than 2022, according to The Gazette. There was a 44% increase in compulsory liquidations and a 67% rise in company voluntary arrangements (CVAs) from 2022. Post-approval, missing repayments can cause serious issues too.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

On December 15, the Securities and Exchange Commission (SEC) denied Coinbase’s Petition for Rulemaking, which was submitted to the SEC on July 20, 2022, as “currently unwarranted.” According to the statement issued by SEC Commissioner Gary Gensler, “the existing securities regime appropriately governs crypto asset securities.”

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New York Fed sees trouble in auto borrowing as overall debt level rises

Collection Industry News

Delinquency rates have been rising from historic lows reached near the end of 2022, and households came into the pandemic with strong balance sheets that were then reinforced by trillions of dollars in government assistance. ” The report said auto loan balances overall were up by $12 billion to $1.61