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AI News from ET - German financial watchdog: AI is helping to catch market abuse

Vishwadeep Khatri
in AI News & Two Lenses

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Germany's financial regulator, BaFin, is now employing artificial intelligence to detect market abuse and suspicious trading patterns, enhancing its ability to catch offenders. BaFin President Mark Branson announced the implementation of AI in their alert and market analysis system last year, leading to more accurate results. This advancement significantly increases the risk of detection for those engaging in market abuse.

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