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Headline Issue Diary Date
Finding the balance: Investing in people vs technology 305 CompliNEWS 21 Jan 2024
FSCA investigates Livestock Wealth for unauthorised financial services 305 CompliNEWS 21 Jan 2024
Information regulator to host International Data Privacy Day Webinar – 29 January 2024 305 CompliNEWS 21 Jan 2024
Family members arrested for alleged ‘pyramid scheme’ fraud 305 CompliNEWS 21 Jan 2024
Implementation of South Africa's National Financial Ombud Scheme delayed to 1 March 2024 305 CompliNEWS 21 Jan 2024
Comprehensive directory of Financial Intelligence Centre's (FIC) 2023 communications and guidance – FIC 305 CompliNEWS 21 Jan 2024
EU policymakers reach agreement requiring crypto firms to conduct customer due diligence for transactions over €1 000 305 CompliNEWS 21 Jan 2024
Nasdaq Verafin 2024 Global Financial Crime Report – Global financial crime: $3.1 trillion in illicit funds flow, $485.6 billion in fraud losses in 2022–23 305 CompliNEWS 21 Jan 2024
Nasdaq report on global financial system and financial crimes sparks discussion 305 CompliNEWS 21 Jan 2024
Former Missouri bank vice president pleads guilty to aiding high-risk customers in evading anti-money laundering controls 305 CompliNEWS 21 Jan 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.

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