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UK FRC Probes AI Exam Cheating

by Starling Insights

Observations

May 10, 2024

The UK Financial Reporting Council (FRC) has asked Big Four audit firms to disclose measures against using generative AI to cheat on exams, as reported by the Telegraph.

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The Role of AI in Risk and Compliance

by Starling Insights

Observations

Jan 02, 2024

A recent Moody's Analytics survey of 550 compliance and risk management leaders across 67 countries probed respondents' feelings toward AI, how it will affect their work, and the role of regulation in managing the risks presented by the technology. While nearly 70% believed AI would significantly influence their practices, more than 50% expressed concerns about data privacy, transparency, and potential misuse.