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Headline Issue Diary Date
FSCA FAIS Notice 79 of 2023: Extension of exemption for certain FSPs until 2026 302 CompliNEWS 11 Dec 2023
Beware of unlicensed forex trader Bongumusa Nkabinde (BossFx) 302 CompliNEWS 11 Dec 2023
FSCA investigates BFG Engineering Brokers for unlicensed insurance activities 302 CompliNEWS 11 Dec 2023
Tribunal upholds debarment of financial advisor for misconduct in Old Mutual case 302 CompliNEWS 11 Dec 2023
Understanding the crucial role of Key Individuals in financial service providers 302 CompliNEWS 11 Dec 2023
Satish Kumar Bhala v Financial Sector Conduct Authority (reconsideration application – debarment of KI and imposition of administrative penalty) 302 CompliNEWS 11 Dec 2023
Investors prioritise AI adoption but cautious of risks, reveals PwC’s 2023 Global Investor Survey 302 CompliNEWS 11 Dec 2023
FSCA issues alert on Ever Grow Matrix's suspected pyramid scheme activities 302 CompliNEWS 11 Dec 2023
European Council and Parliament reach historic agreement on world's first AI rules 302 CompliNEWS 11 Dec 2023
Global AI regulation: Navigating the diverse landscape of ethical, legal and technological challenges 302 CompliNEWS 11 Dec 2023
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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