Utilizing Artificial Intelligence: ASIC’s Innovative Approach to Strengthen Financial Regulation in Australia
As concerns mount over the escalation of financial crimes, the Australian Securities and Investments Commission (ASIC) is gearing up to employ cutting-edge artificial intelligence (AI) solutions. This move aims to fortify consumer and small business protections against an upsurge in scams, digital misconduct, and predatory lending practices that have become prevalent in the Australian financial…