The AI effect: Mapping the future of investment and risk management Surging investment in the artificial intelligence revolution is showing no signs of slowing. Global funding for generative AI reached US$25.2 billion in 2023, nearly nine times the investment in 2022.
Australian Foreign Bribery Law gets an update Seven years and two failed attempts later, the Crimes Legislation Amendment (Combatting Foreign Bribery) Bill 20231 (‘2024 Act’) to reform and strengthen the foreign bribery laws finally passed in the Parliament. This article discusses the newly introduced offence of failing to prevent foreign bribery and the related defence of having ‘adequate procedures’.
Super snippets: Backward test runs counter to forward-looking system The Australian superannuation system is regarded as one of the best retirement savings systems in the world and since its inception more than 30 years ago has grown to hold more than $3.6 trillion in assets.