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Hong Kong Monetary Authority: Press Releases·· 6 days agoAI Score35

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 the core principles of Accountability, Resilience, and Trust, to support the banking sector in responsibly adopting artificial intelligence. The framework includes the release of the latest regulatory guidelines on responsible AI adoption, the joint establishment of an AI training data sharing platform, and the advancement of agentic AI application testing. Concurrently, the HKMA and Cyberport co-hosted a two-day "Finance + AI Forum," marking the successful completion of the second phase of the Generative AI Sandbox technical testing.

Source:Hong Kong Monetary Authority: Press Releases · hkma.gov.hk

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