Libertad24 - Comercio de valores

In a new opinion piece for Cyprus Business News, Yury Anesyants, Director of Compliance at Freedom24, examines how the compliance function has evolved from a small control unit into one of the largest non-revenue departments in modern financial institutions, and why technology is unlikely to reverse that trend. The article traces a fifteen-year shift from compliance as an external filter to compliance as a process integrator embedded across marketing, sales, operations and brokerage. 🛡 Setting out what he calls the washing machine effect, Yury writes: "Many expect AI to reduce the workload. But the history of technology suggests that automation does not always reduce the amount of work — it raises the standard." He develops the parallel with the early history of household automation: "Current AI solution advertisements are strikingly similar to washing machine advertisements from 1910: save your time, simple input, easy results. But the washing machine did not simply reduce the amount of laundry — it raised the standard of cleanliness. The same dynamic is already playing out with AI in compliance. What was previously impossible may soon become mandatory, simply because technology made it feasible." Across the rest of the piece Yury examines how compliance has shifted from a point of approval into a participant in process design, and what good practice in that role actually looks like: "Good integrated compliance should not turn the business into a regulatory expert. It should make the right action natural — and the wrong action difficult or impossible." 🔗 Read the full article in Cyprus Business News