By Compli-Serve
The UK Financial Conduct Authority has published further findings on how financial institutions monitor whether customers are receiving good outcomes under the Consumer Duty. Although the Duty applies in the United Kingdom, the findings are highly relevant to South African financial institutions as the local regulatory framework continues ...
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Recent South African case law continues to demonstrate that while restraint of trade clauses remain enforceable where they protect legitimate business interests, employers must be able to show clear evidence of protectable client relationships or confidential information and ensure that restraints are reasonable in scope, duration and application. Courts have ...
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By Compli-Serve
Artificial intelligence governance has moved firmly into the global compliance spotlight following two significant developments that underscore the legal, cybersecurity and governance challenges associated with increasingly sophisticated AI systems. Together, the incidents reinforce that organisations deploying or relying on AI technologies must look beyond innovation and productivity gains ...
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By Lee Rossini
Alex Osterwalder's Business Model Canvas (BMC) is a widely used strategic management framework for designing, analysing and refining business models. Introduced in Business Model Generation (Osterwalder & Pigneur, 2010), the canvas provides a visual representation of how a business creates, delivers and captures value. Rather than relying on lengthy business plans, the BMC encourages businesses to view their business model as an interconnected system that can be tested, adapted and improved.
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