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Headline Issue Diary Date
UK's FCA branded ‘opaque, unaccountable and incompetent’ by MPs 349 CompliNEWS 22 Nov 2024
US SEC reports record financial remedies despite decline in enforcement actions in FY 2024 349 CompliNEWS 22 Nov 2024
UK regulator urges life insurers to settle claims faster and improve customer experience metrics 349 CompliNEWS 22 Nov 2024
Barclays fined £40m for failure to disclose Qatari arrangements in 2008 349 CompliNEWS 22 Nov 2024
Who will exit the FATF grey list first: South Africa or Nigeria? 349 CompliNEWS 22 Nov 2024
Nigeria secures key FATF upgrades, moves 'closer' to exiting grey list 349 CompliNEWS 22 Nov 2024
Practical scenarios and implications in terms of the Travel Rule implementation in SA 349 CompliNEWS 22 Nov 2024
Key learnings from Sunlight Financial Services’ FICA non-compliance case: A cautionary tale for all accountable institutions 349 CompliNEWS 22 Nov 2024
Lessons from Tana Africa Capital Managers’ FICA non-compliance: The high cost of inadequate risk management 349 CompliNEWS 22 Nov 2024
Procedural fairness in debarment: FST sets key precedent in recent ruling 349 CompliNEWS 22 Nov 2024
Working Smart

By Lee Rossini

Although generative AI has been around for a while, it suddenly seems to have taken off. Generative AI refers to a category of artificial intelligence that can create new content – text, images, music, code, and more – based on patterns learned from existing data. Rather than simply analysing or classifying information, generative AI models are designed to generate outputs that closely mimic human creativity and reasoning. These models have revolutionised fields from content creation, software development and client service, amongst others.

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