Compliance - Regulatory / General

Compliance in the age of AI

As Artificial Intelligence (AI) continues to make strides across various sectors, its transformative impact on compliance within the financial services industry has become particularly evident. From automating routine compliance tasks to strengthening fraud detection, AI is reshaping the way financial institutions manage regulatory requirements. However, while AI presents significant opportunities, it also introduces new challenges, particularly around data privacy, ethical considerations, and regulatory compliance.

Distribution of Funeral Insurance Workshop puts a Spotlight on the Funeral Parlour Business

Between 27 June and 1 July 2025, the Prudential Authority (“PA”) and the Financial Sector Conduct Authority (“FSCA”) (collectively referred to as the “Regulator”) held consultation workshops with the industry in terms whereof the Regulator seeks to work with industry stakeholders to develop a comprehensive approach to reviewing the framework for funeral insurance. In this regard, the Regulator envisions a wholistic framework that encompasses regulatory review, compliance and capacity building, supervision and enforcement actions, and consumer empowerment.

Is Your Staff Ready for COFI?

The war on financial fraud