Misinformation
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John Wood Group fined £12.9m by FCA for issuing misleading statements
The company agreed to resolve the case at an early stage and qualified for a 30% discount on the penalty imposed. The original fine was £18.5 million.
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FSB report highlights need to minimise AI risk to financial stability
What are the implications of AI adoption in the financial sector? We take a look at the key findings from FSB’s latest report.
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ASIC roundup: Consumers misled, and changes to Executive Leadership team
The Australian Securities & Investments Commission’s latest actions and news, October 7 – 18, 2024.
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ASIC roundup: fraud, dishonest conduct and misuse of company funds
The Australian Securities & Investments Commission’s latest actions and news, September 16 – 20, 2024.
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ASIC roundup: Misleading ESG claims, stop order, and fake ASIC adverts
The Australian Securities & Investments Commission’s latest actions and news, June 3 – 7, 2024.
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Under the finfluence – the effects of social-media-driven investment
A reliance on social media for investment advice has led to some concerning results, says Howard Fischer.
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CFTC weighs banning platforms from betting on US elections
As US presidential and congressional elections approach, platforms such as Kalshi and PredictIt are in the spotlight for wanting to bet on outcomes.
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Fakes, forgeries and the meaning of meaning in our post-truth era
It’s only a matter of time before disinformation leads to disaster.