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AI in investment services: A double-edged sword

Artificial intelligence (AI) is reshaping the financial landscape with promises of efficiency, innovation, and superior decision-making capabilities. However, as the European Securities and Markets Authority (Esma) warned this week, the integration of AI in investment services comes with significant risks. Like a double-edged sword, AI’s greatest strengths can become its most dangerous liabilities if not handled with care.

Esma proposes EU label for ‘basic’ investment products

The European Securities and Markets Authority (Esma) unveiled a new initiative this week aimed at making investment opportunities more accessible across the EU. At the heart of this plan is a new “basic and simple” EU investment product label, intended to simplify and streamline choices for retail investors.