emotional distress. 1 / 3 bis - central bankers'speeches globally, what's making it even more concerning is the rise of " synthetic identity fraud, " where criminals stitch together bits of real information from various individuals to create entirely fake identities. this makes impersonation easier and allows attackers to bypass security measures to detect suspicious activity. with ato cases on the rise, staying vigilant and practising strong cybersecurity is crucial. consider using multi - factor authentication and avoiding sharing personal information online to protect yourself. machine learning, generative ai, predictive analytics, and other advanced technologies empower businesses with speed and intelligence. however, their proliferation also offers opportunities for fraudsters. unfortunately, malicious actors utilise these tools to their advantage. for instance, scammers leverage chatgpt to craft phishing emails that mimic the professionalism of legitimate businesses, enabling individuals without coding expertise to engage in hacking activities by generating functional malware. last year, in response to the escalating threat of fraud within the digital financial landscape, a forum convened by stanbic bank identified the necessity of a collaborative approach. participants from the banking industry unanimously agreed to establish a fraud - sharing platform aimed at exchanging information and implementing best practices for fraud management. i am pleased this resolution has materialised with the platform's launch today. if customers lose faith in banks'ability to safeguard their hard - earned life savings, where can they turn to? as pillars of the economy, we simply cannot allow fraud to erode public trust in the banking system. this is not just about profits or numbers - it is about upholding a social contract and protecting the financial well - being of millions of ugandans. we must educate citizens on emerging digital threats ; we must enforce oversight mechanisms to high standards ; we must collaborate between banks to track everevolving fraud types. and most crucially, we must lead by example - holding ourselves up to the highest benchmarks of transparency, integrity, and accountability. leaders should demonstrate integrity through their own actions and ensure accountability at all levels of the organisation. they must create an ethical culture where employees feel psychologically safe to question practices or report suspected misconduct without risk of retaliation. effective " speak - up " arrangements and whistleblower protections empower people to voice concerns so issues can surface early before harm is done. ultimately, leadership behaviour sets the tone - if we want ethical business conduct, it starts with those at the top walking the talk. 2

16 - 24 ) is more than twice as high as unemployment in other groups. unemployment among young people has shown a rising trend since the 1970s. breaking this trend must be one of the most important domestic policy tasks of our time. unemployment is also around twice as high among persons born in another country than among those born in sweden. a period of increased immigration or reception of refugees can thus increase unemployment. of course, this is not one of the main explanations for the changes in unemployment, but it can have more than a marginal effect when the demographic changes are substantial. this was the case during 1994 - 2000 when the number of persons of working age born abroad declined by 25 000. since then the number of persons born abroad has increased by just over 15 000. demographic changes and changes in the demand for labour are examples of structural changes that may affect employment in the long term, which monetary policy cannot do. globalisation another long - term change that has been under way for some time but has recently achieved a higher level of intensity can be summarised in the concept of globalisation. the question is how the increased economic integration of the trade in goods, services, capital and financial markets will affect the swedish labour market. will jobs disappear and wages have to adjust downwards? globalisation could certainly entail downward pressure on swedish real wages, but both data and historical experiences so far indicate that this will not happen. in the long term, swedish and, for instance, chinese wages will probably converge, but this does not necessarily mean falling real wages in sweden. however, it is likely that the distribution of income has already been affected in terms of growing gaps between those with and without higher education. the main explanation is usually considered to be technological developments, particularly the increased use of computers, which have led to increased see forslund a, n. gottfries and a. westermark, " real and nominal wage adjustment in open economies ”, working paper 2005 : 23, ifau, p. 28. see lindbeck, a., the welfare state and social norms. in : b. swedenborg ( ed. ) why are the swedes so sick?, sns forlag, stockholm 2003, pp. 78 - 87. demand for highly - qualified labour in relation to less qualified. however, the possibility that increased competition from low - wage countries is also part of the explanation cannot be entirely ruled out. so far, it appears as though sweden has managed the structural transformation