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Headline Issue Diary Date
Santander and Lloyds shares tumble over reports of Iran's covert money movements through UK bank accounts 308 CompliNEWS 09 Feb 2024
2024 Allianz Risk Barometer – Cyber threats top global business risks, while South Africa grapples with infrastructure concerns 308 CompliNEWS 09 Feb 2024
AI-generated fake IDs pose unprecedented challenge to KYC processes in crypto exchanges 308 CompliNEWS 09 Feb 2024
South Africa's two-pot retirement system implementation faces delays amid legislative amendments for public sector funds 308 CompliNEWS 09 Feb 2024
2023 – A year of enhanced AML enforcement in the US – National security, corporate transparency, and digital assets in focus 308 CompliNEWS 09 Feb 2024
Sygnia CEO Magda Wierzycka faces Constitutional Court challenge over alleged unfair dismissal 308 CompliNEWS 09 Feb 2024
High Court reverses decision on FSCA investigation into Michael Deighton, affirming procedural fairness 308 CompliNEWS 09 Feb 2024
FSCA Information Request 1 of 2024 (INS): Call for data on personal lines claims of 2023 308 CompliNEWS 09 Feb 2024
Ramaphosa unveils new fund for climate action response 308 CompliNEWS 09 Feb 2024
UK's unified effort required to amplify the fight against financial crime – FCA 308 CompliNEWS 09 Feb 2024
Working Smart

By Lee Rossini

Many business owners are expressing interest in the vast potential of generative artificial intelligence (AI). In previous articles, the benefits of using AI were discussed. However, while the technology brings advantages, it does have its limitations and risks. Understanding the boundaries of generative AI is critical to ensuring accuracy, compliance and trust, especially in the financial services sector where precision and integrity are essential.

CPD

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