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Headline Issue Diary Date
Draft Consumer Protection Regulations – Comments invited 346 CompliNEWS 03 Nov 2024
Minister praises Hawks for taking action against Nedbank fraud suspects 346 CompliNEWS 03 Nov 2024
Warning over ‘third wave BEE’ in South Africa 346 CompliNEWS 03 Nov 2024
UK motor finance industry faces uncertainty after Court of Appeal ruling on commission disclosure 346 CompliNEWS 03 Nov 2024
Compli-Serve Guidance Note: Effective risk management through transaction screening and monitoring 346 CompliNEWS 03 Nov 2024
Spanish Data Protection Agency fines Ibercaja Banco €300 000 for GDPR violations; compliance learnings 346 CompliNEWS 03 Nov 2024
Summary of high-risk countries for money laundering, terrorist financing, and proliferation financing 346 CompliNEWS 03 Nov 2024
UK Budget 2024: QROPS restrictions prevent UK residents from higher tax-free cash access 346 CompliNEWS 03 Nov 2024
FCA bans Vintage Investment Advisers for misleading pension transfer advice 346 CompliNEWS 03 Nov 2024
FSCA issues exemption for specific individuals from competency and fee requirements under FAIS Act 346 CompliNEWS 03 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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