The Future of Professional Report highlights the significant impact of Generative AI (GenAI) on business strategies, with 94% of C-suite executives believing it will substantially alter their plans. Corporate tax leaders must embrace and integrate GenAI to succeed in the rapidly evolving digital landscape. However, effective integration requires careful planning and preparation. To leverage this … Read more
New Jersey Gov. Phil Murphy and legislative leaders have once again hashed out a budget behind closed doors just in time to avert a government shutdown — leaving little time for lawmakers to review more than $56 billion in spending.Among the key provisions: The state will be investing more than expected in a program slated … Read more
The task force at the EU’s privacy watchdog has stated that OpenAI’s efforts to ensure compliance with European Union data rules are not enough, specifically in terms of data accuracy. The report highlighted concerns about the ChatGPT chatbot potentially producing biased or false outputs that may be perceived as factually accurate by end users.
The fact described in the text is that the north’s ‘parliament’ passed a law clamping down on foreigners buying property, limiting them to one house or apartment on less than 2,500 square meters of land.
Fact: The Turkish Cypriot administration is working on legal amendments to limit the number of properties that foreigners can purchase in the northern part of Cyprus.
The biggest collective owners of UK shares have warned the London Stock Exchange against weakening its listing rules and governance standards to attract fresh business.
A team from the Financial Action Task Force held meetings with Turkish authorities to assess Turkey’s progress in curbing money laundering and terrorist financing concerns. The team’s report will form the basis of the FATF’s decision at a June 28 plenary, which Finance Minister Mehmet Simsek has signaled will mark Turkey’s departure from the grey list of countries under special scrutiny.
Fact: A task force is being established in Cyprus to carry out inspections on behalf of the environment department in an effort to combat environmental crime.