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Compliance Officers Playbook

CSSF: AI and Data Analysis & Protection

02 Dec 2024

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Claude Marx, Director General of the Luxembourg financial regulator (CSSF), announced a strategic partnership with Clarence to utilise AI for data analysis whilst ensuring data protection. This collaboration addresses confidentiality concerns surrounding AI implementation within the financial sector. The partnership enables the CSSF to improve its efficiency and risk analysis using cutting-edge AI technology on a secure, air-gapped cloud. This initiative is seen as forward-thinking and inspiring by other professionals in the financial industry. The CSSF aims to leverage AI to improve its operational capabilities and better.

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