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  • 15-December-2023

    English

    Generative artificial intelligence in finance

    The rapid acceleration in the pace of AI innovation in recent years and the advent of content generating capabilities (Generative AI or GenAI) have increased interest in AI innovation in finance, in part due to the user-friendliness and intuitive interface of GenAI tools. The use of AI in financial markets involving full end-to-end automation without any human intervention remains largely at development phase, but its wider deployment could amplify risks already present in financial markets and give rise to new challenges. This paper presents recent evolutions in AI in finance and potential risks and discusses whether policy makers may need to reinforce policies and strengthen protection against these risks.
  • 14-December-2023

    English

    OECD/INFE 2023 International Survey of Adult Financial Literacy

    OECD/INFE 2023 International Survey of Adult Financial Literacy

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  • 14-December-2023

    English

    Lithuania must improve foreign bribery enforcement and corporate liability law, says OECD Working Group on Bribery

    Lithuania has a largely sound legislative and policy framework for fighting foreign bribery, and additional efforts such as digitisation of the seeking of bank information for investigations are commendable. However, Lithuania has yet to prosecute or convict an individual or company for foreign bribery. Authorities have also overlooked some allegations of this crime reported in the foreign media, and not proactively investigated others.

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  • 14-December-2023

    English

    Croatia - OECD Anti-Bribery Convention

    This page contains all information relating to implementation and enforcement of the OECD Anti-Bribery Convention in Croatia.

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  • 14-December-2023

    English

    Fostering competition in Tunisia

    In co-operation with Tunisia, the OECD has conducting reviews of laws and regulations in the tourism and banking sectors in Tunisia.

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  • 14-December-2023

    English

    2023 OECD-OJK Roundtable on Leveraging Technology for Risk Assessment and Risk Reduction in Insurance

    14-15 December 2023, Bali-Indonesia. This event will discuss the findings from an OECD report on leveraging technology for risk assessment and risk reduction in insurance.

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  • 14-December-2023

    English

    OECD/INFE 2023 International Survey of Adult Financial Literacy

    Understanding current levels of financial literacy and needs is key for the effective development of financial literacy strategies and programmes. This report presents the results of an international survey of financial literacy levels among adults. A total of 39 countries and economies, of which 20 are OECD member countries, participated in this third coordinated measurement exercise using the globally recognized OECD/INFE 2022 Toolkit for Measuring Financial Literacy and Financial Inclusion to measure financial literacy levels among their adult populations. Results provide information about financial literacy levels and cover aspects of financial knowledge, financial behaviour and financial attitudes. In addition, the report provides information on financial inclusion, digital financial literacy levels and levels of financial well-being among adults in the participating countries and economies.
  • 14-December-2023

    English

    Competition Market Study of Tunisia's Retail Banking Sector

    This market study provides an assessment of competition in three broad areas of the retail banking sector in Tunisia: current accounts, bank loans for micro, small and medium enterprises and mobile payment services. The report identifies areas where competition is not working as well as it could, reducing customers mobility and access to finance and limiting the competitive pressure that fintech companies can exert on traditional banks. The report provides a range of recommendations to improve market outcomes for financial services users and it includes estimates of the expected impact of the implementation of the recommendations on the economy. This competition market study is part of a broader project aiming at fostering pro-competitive reforms in Tunisia.
  • 13-December-2023

    English

    Australia should promptly adopt long-standing reforms to boost enforcement of its foreign bribery offence

    Australia should promptly adopt long-standing reforms to boost enforcement of its foreign bribery offence

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  • 13-December-2023

    English

    Leveraging technology in insurance to enhance risk assessment and policyholder risk reduction

    This paper examines the potential role of emerging technologies and innovation in enhancing risk assessment and encouraging policyholder risk reduction, including: an overview of potential applications of new technologies to risk assessment and risk reduction; an assessment of potential challenges to technology adoption (including regulatory challenges), and; set of potential good practices for creating an enabling environment that supports the use of technology in risk assessment and encouraging risk reduction.
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