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AI could increase the risk of fraud in the financial services of Britain

The FCA sounded the warning bell for financial services as AI fraud takes centre stage. The Head of FCA provided some crucial insights on how they are preparing to tackle AI frauds. ....

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CNNW World Business Today December 9, 2011

they got their fiscal house in order. euro zone leaders wanted a treaty change signed by up a27 eu nations. at 5:00 a.m. in brussels, a weary nicolas sarkozy confirmed that britain was not playing ball. translator: david cameron requested something which we all considered unacceptable, namely that there be a protocol written into the treaty which enabled the uk to opt out of a certain number of rules applying to financial services. we re not able to accept that. we consider quite the contrary. so the 17 euro zone members along with 6 others in favor must now press on with what s being called an intergovernmental agreement. their goals, well, to introduce binding control on the budgets of those 17 countries, also to implement a new fund known as the european stability mechanism capped at 500 billion euros by july. to lend a further 200 billion euros to the imf with a view to supporting nations in need. and already the ecb s guidance to steer the current bailout fund, ....

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