Reported 22 days ago
Hong Kong is set to introduce its first policy statement regarding the use of artificial intelligence in the financial sector. The Financial Services and Treasury Bureau aims to provide guidelines focusing on ethical AI usage and application principles, amid rising interest in this technology. The statement, planned for release during Fintech Week in late October, signals the government's support for AI and aims to clarify regulatory frameworks as Hong Kong seeks to maintain its status as a leading financial center, despite challenges posed by external technology influences.
Source: YAHOO