IT

The growing number of such scams, FinCEN said, are largely perpetrated by transnational criminal organizations operating “industrial-scale scam compounds” with networks of criminal actors.

Kadas spoke of AI’s ability to identify more relevant communications, and further investigations that someone at the bank would need to perform.

Sweden’s Finansinspektionen will investigate how companies use the tech today as well as potential future developments.

Smart glasses raise compliance, security, and privacy issues – their use in the workplace should be addressed by HR and compliance teams.

Global businesses should map their distribution channels and downstream uses to identify where EU-facing disclosures and labeling are required.

CFTC found trader also made false or misleading statements about removing texts and messages relevant and material to the regulator’s investigation.

A Digital Enforcement Agency could help the EU in ensuring a more effective and coherent digital rulebook enforcement.

The task force is designed to secure innovation; strengthen supply chains; and ensure US leadership in emerging technologies.