Artificial intelligence (AI) has emerged as a powerful tool in compliance and technology. From automating routine tasks to analyzing large data sets, AI has been revolutionizing how organizations work and adhere to regulatory standards.
Using AI in compliance effectively means embracing its potential, but also understanding potential risks and limitations.
The 2023 Singapore FinTech Festival (SFF2023) brought a hive of activity and excitement to the region. Financial and compliance leaders came in droves to connect, share ideas, and learn about the latest developments across the financial and regulatory landscapes.
At a recent compliance round-table event in Hong Kong, compliance experts, executives, and chief compliance officers shared their firms’ challenges in keeping pace with regulatory change within the financial sector. They also discussed the increasing demands placed upon compliance teams, emerging opportunities, and the role of technology in more effectively managing regulatory risk and upholding compliance obligations.
