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Regulatory AI firm Norm Ai raises $48m to enhance compliance automation
Norm Ai, a leading company in regulatory AI solutions, has raised $48m in a funding round backed by Coatue, Craft Ventures, Vanguard, Blackstone Innovations Investments, Bain Capital, New York Life Ventures, Citi Ventures, TIAA Ventures, and Marc Benioff.
Vanguard fined $8.9m for misleading ESG claims in Australia
An Australian federal court has imposed a record A$12.9m fine on Vanguard Investments Australia for misleading claims about the ethical standards of its Vanguard Ethically Conscious Global Aggregate Bond Index Fund.
