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The shift to T+0 has met with mixed reactions and holds immense potential to enhance market operations. Here's why it can potentially improve the efficiency in the cash markets to the next level.
The Nigeria Data Protection Commission (NDPC) has initiated bilateral cooperation on data privacy and protection with the Office of the Information Commissioner (OIC), United Kingdom. At its study visit to the OIC located in London and Wilmslow, UK, the NDPC team led by its National Commissioner, Dr. Vincent Olatunji, gained insight into the workings of…
The Reserve Bank has selected global consultancy firms McKinsey and Company India LLP and Accenture Solutions Pvt Ltd India to develop systems using artificial intelligence and machine learning for its supervisory functions. The RBI is looking to extensively use advanced analytics, artificial intelligence and machine learning to analyse its huge database and improve regulatory supervision over banks and NBFCs. For this purpose, the central bank plans to hire external experts.
While the RBI is already using AI and ML in supervisory processes, it now intends to upscale it to ensure that the benefits of advanced analytics can accrue to the Department of Supervision in the central bank.
LONDON — Britain's information regulator said on Wednesday (March 1) it would look into an official complaint accusing Alphabet Inc's YouTube of illegally collecting data from millions of children. The complaint lodged by father-of-three Duncan McCann, who is leading the campaign and supported by his employer the advocacy group 5Rights, said the video-streaming platform had broken the newly implemented law...