HKMA: Press Releases·· 6 days agoAI Score33
HKMA Launches "ART" Framework to Promote Responsible AI Adoption in the Banking Sector
HKMA announces “ART” Framework to promote responsible A.I. adoption
AI Summary
The HKMA launched the "ART" framework on October 15, centered on accountability, resilience, and trust, to support the banking sector in responsibly adopting artificial intelligence. The framework is accompanied by the release of the latest regulatory guidelines on the responsible use of AI. It also involves collaborating with Cyberport and the University of Hong Kong to build an AI training data sharing platform, and further testing agentic AI applications through the Generative AI Sandbox++.
Source:HKMA: Press Releases · hkma.gov.hk
HKMALiquidityRisk IsolationRegulatory Updates#New Regulatory Rules#Banking/Deposits#Risk Isolation#Hong Kong Monetary Authority