The Association of Chartered Certified Accountants and the Union of Arab Securities Authorities held their first joint regional initiative, bringing together representatives from 11 Arab securities and capital market regulators to discuss emerging fraud risks and ways to strengthen governance and financial market resilience.
A $2 trillion sovereign wealth fund, managed by Norway's Norges Bank Investment Management, has begun using AI to police its own portfolio, deploying a large language model to scan over 7,000 companies for links to forced labour, corruption and fraud, thus reshaping how ESG risk is detected and acted upon, said a report.
