Category: Industry News

Artificial intelligence has arrived in the financial sector - but according to FINMA, there is often a lack of clear governance.

FINMA on Artificial Intelligence: Widespread Use, Limited Governance

Artificial intelligence has arrived in the financial sector – but according to FINMA, there is often a lack of clear governance. This article shows why institutions need to act now to manage risks, meet regulatory requirements, and integrate AI into their governance for the long term. Responsibility begins with a structured approach.

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The final Basel III standards will come into force in Switzerland on January 1, 2025, as announced in a recent press release from the Federal Department of Finance (FDF).

Basel III from 2025: What the Finalization Means for Banks

The final Basel III standards bring significant innovations, particularly in the area of operational risks and loss data analysis. These reforms not only strengthen the stability of the Swiss financial center, but also promote a modern risk culture and create the basis for sustainable resilience.

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Pathologist vs. Economist by Nikolai Tsenov

Pathologists vs. Economists

“Do you know what is common between economists and pathologists?” This was the question our Behavioural Finance professor asked us in his farewell speech during our graduation ceremony many years ago. Without awaiting any answers, he said: “Economists can always explain everything. What happened, why did it happen and what were the exact causes and reasons?…”

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