MAP FinTech outlines best execution monitoring compliance importance

In 2023, AI became widely known, raising concerns about its impact on financial stability. Various industry experts shared their insights in a recent article on this subject featured in RegTech Analyst. George Markides, Senior Manager of the Compliance Support Department at MAP FinTech, highlighted the historical evolution of financial markets due to technological advancements. He cautioned that AI could introduce greater unpredictability to the financial markets and cited past instances…

An insightful article in FinTech Global highlights several key regulatory developments to watch in the financial landscape during the first half of 2024. Key areas of focus include communication compliance, with continued scrutiny of recordkeeping accuracy and the monitoring of communication channels. Additionally, the rise of Generative AI (GenAI) brings both promise and regulatory attention, as authorities seek to address compliance implications associated with AI technologies. Further regulatory efforts are…