Browsing: Finance

Microsoft recently announced the launch of “Copilot for Finance,” a groundbreaking AI service poised to revolutionize financial workflows. This innovative tool, introduced as part of the Microsoft 365 suite, promises to streamline tasks and enhance productivity for finance professionals. With the introduction of “Copilot for Finance,” Microsoft aims to integrate advanced AI capabilities into financial operations. By leveraging generative AI technology, the new service offers automation solutions tailored specifically for the finance sector. This integration is poised to optimize efficiency and accuracy in financial tasks, empowering professionals to focus on strategic endeavors. Time management is a critical concern for finance…

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In a bid to tighten oversight on digital asset transactions, Hong Kong authorities are set to extend regulatory measures to cover over-the-counter (OTC) crypto trading, aligning it with rules governing retail digital asset trading. The move, outlined in the “Public Consultation on Legislative Proposals to Regulate Over-the-Counter Trading of Virtual Assets,” published on February 8, signals a significant shift in the regulatory landscape. Stakeholders have until April 12 to weigh in on the proposed changes. Key among the proposals is the inclusion of OTC trades within the purview of the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO), slated to take…

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