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Headline Issue Diary Date
FIC Annual Report highlights key role in asset recovery 341 CompliNEWS 29 Sep 2024
FIC hosts compliance workshop for crypto asset service providers 341 CompliNEWS 29 Sep 2024
Old Mutual fined R15.9m for non-compliance with FIC Act 341 CompliNEWS 29 Sep 2024
FSCA suspends over 1 000 licences and imposes record fines of almost R1bn 341 CompliNEWS 29 Sep 2024
FSCA General Notice 1 of 2024: Determination of new regulatory fees effective 1 October 2024 341 CompliNEWS 29 Sep 2024
AI in financial services: Opportunities and risks 341 CompliNEWS 29 Sep 2024
Leveraging collective values and shared norms in the cyber domain: Lessons from the GDPR 341 CompliNEWS 29 Sep 2024
Starting your own financial services provider (FSP) practice: Key steps and tips 341 CompliNEWS 29 Sep 2024
Generative AI raises significant ethical concerns, Deloitte survey finds 341 CompliNEWS 29 Sep 2024
Financial regulations must adapt like London's Roman Wall – UK regulator speeches 341 CompliNEWS 29 Sep 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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