In any event, the moratorium and other CCMA rules have now been streamlined in such a way as to retain sufficient protections for distressed borrowers – a legitimate and important objective – while generating little or no obstacle to efficiently organised collection procedures. The legislative defect identified in the Dunne judgement has also eventually been corrected, as was recommended by the Central Bank.
The banking and manufacturing sectors are among the trendsetters and yet – according to analyses conducted by the European Commission and the European Investment Bank – Europe lags behind both the US and China in the development and use of artificial intelligence. Artificial intelligence systems allow business processes to be modernized, strengthen risk management processes, and promote the supply of new products.