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Tehran University to Host Free Workshop on AI in Financial Markets

UK Tax Authority Revives Power to Seize Unpaid Taxes Directly from Bank Accounts

Tehran University to Host Free Workshop on AI in Financial Markets

Tehran University to Host Free Workshop on AI in Financial Markets

Tehran University’s Science and Technology Park has announced it will hold a free, in-person educational workshop titled “Artificial Intelligence in Finance: Market Prediction and Risk Management.”

According to the Jadeh Makhsous news base, the workshop is designed to introduce attendees to the latest applications of technology within the financial sector. The event is scheduled for Wednesday, October 22, 2025, from 1:00 PM to 2:30 PM, and will take place at the Science and Technology Park.

The target audience for this course includes idea owners, students, graduates, faculty members, as well as core teams and startups in the technology field.

The main topics to be covered in the workshop are:

  • Applications of Artificial Intelligence in finance
  • How AI impacts market prediction
  • The latest AI innovations in risk management

According to Jadeh Makhsous, the session will be instructed by Hesham Fili, a faculty member of the Faculty of Electrical and Computer Engineering at the University of Tehran.

While attendance is free of charge, registration is mandatory. Participants who attend the full workshop will receive a certificate of attendance. Interested individuals can visit the provided link to register.

What is your perspective on the growing role of AI in financial forecasting? Share your thoughts in the comments section below.

UK Tax Authority Revives Power to Seize Unpaid Taxes Directly from Bank Accounts

UK Tax Authority Revives Power to Seize Unpaid Taxes Directly from Bank Accounts

The UK’s tax authority, HMRC, is relaunching its Direct Recovery of Debts (DRD) program, which compels banks to transfer funds from the accounts of individuals with tax debts of at least £1,000. Under the scheme, taxpayers are guaranteed a minimum balance of £5,000 to cover essential living costs, but any amount above this can be seized after a 30-day appeal period has concluded.

According to a report by Jadeh Makhsous news base, the program, which was first introduced in 2015 and paused during the pandemic, has now been restarted in a “test and learn” phase. This follows Chancellor Rachel Reeves granting HMRC the authority to do so in her March 2025 Spring Statement.

Officials have stated that the crackdown will primarily target individuals who have the means to pay their taxes but refuse to do so. The focus will be on self-assessment taxpayers, including the self-employed, landlords, and those with significant investment income. As a procedural step, HMRC staff will visit debtors in person before any funds are taken from their accounts.

The measure has drawn criticism, with some branding the powers as “draconian.” Dawn Register, a tax dispute resolution partner at BDO, commented: “Given the pressure on public finances, it’s clear HMRC is determined to get tougher on those who can pay but don’t pay. The relaunch of this draconian power underlines how important it is not to stick your head in the sand and ignore HMRC demands.”

According to a report by Jadeh Makhsous, this initiative comes as HMRC confronts a significant amount of unpaid liabilities, currently totaling £42.8 billion, a figure much higher than pre-pandemic levels. The government aims to recover an additional £11 billion by 2030 and has invested £630 million in debt recovery efforts, which includes hiring 2,400 new enforcement staff.

While the Treasury insists that safeguards are in place to prevent overreach, campaigners have expressed concerns that the policy could severely impact taxpayers at a time when many household finances are already under considerable strain. What is your opinion on this measure? Share your thoughts in the comments.