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Headline Issue Diary Date
Law firm’s R7.8m penalty for compliance failures upheld by FIC appeal board 347 CompliNEWS 11 Nov 2024
Nelisiwe Carol Bhengu v Pension Funds Adjudicator and others (reconsideration application – death benefit) 347 CompliNEWS 11 Nov 2024
Financial advice as an intangible service 347 CompliNEWS 11 Nov 2024
New FSCA amendments to Conduct Standard to enhance pension fund transparency and governance 347 CompliNEWS 11 Nov 2024
Simphiwe Innocent Mntungwa v Discovery Life/M Geyser (reconsideration appeal dismissed in Discovery Life debarment case) 347 CompliNEWS 11 Nov 2024
Mziwamadoda Ignatious Mkhuma v FSCA (reconsideration application dismissed in FSCA honesty and integrity case) 347 CompliNEWS 11 Nov 2024
C Nel and the Office of the FAIS Ombud and Barton Insurance Brokers (broker negligence in conveying tracker requirement) 347 CompliNEWS 11 Nov 2024
FSCA and Prudential Authority set new standards for insurer cybersecurity and outsourcing compliance 347 CompliNEWS 11 Nov 2024
Technology to augment, not replace, financial advisers 347 CompliNEWS 11 Nov 2024
German and Cypriot authorities dismantle €10m (R188.5m) fake investment scam targeting German investors 347 CompliNEWS 11 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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