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Headline Issue Diary Date
South Africa tightens tax regulations on cryptocurrency holders 344 CompliNEWS 20 Oct 2024
Top cryptocurrency compliance tools for financial institutions: Chainalysis, Elliptic, CipherTrace, and more 344 CompliNEWS 20 Oct 2024
Capitec blocks payments to crypto exchanges, citing fraud concerns, sparking debate among users 344 CompliNEWS 20 Oct 2024
South Africa faces urgent challenge as EU's Carbon Border tax deadline looms, threatening key export industries 344 CompliNEWS 20 Oct 2024
Banxso accused of defying license suspension 344 CompliNEWS 20 Oct 2024
UIF online services fully restored after two-month disruption 344 CompliNEWS 20 Oct 2024
Two-pot pension system exposes thousands of employers failing to contribute to workers’ funds 344 CompliNEWS 20 Oct 2024
Experts and private practitioners confront the NHI Act: 'The elephant in the room' 344 CompliNEWS 20 Oct 2024
Warning issued against Juan Albert Mayer and associated entities 344 CompliNEWS 20 Oct 2024
South Africa likely to remain on FATF grey list into 2025 343 CompliNEWS 11 Oct 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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