On October 15, the Hong Kong Monetary Authority announced the ART framework (Accountability, Resilience, Trust) to support the responsible adoption of artificial intelligence in banking. Measures include issuing a regulatory guideline on responsible AI use, building an AI training data sharing platform with Cyberport and the University of Hong Kong, and testing agentic AI through the GenA.I. Sandbox++ while publishing a related governance discussion paper.
From October 15 to 16, the Hong Kong Monetary Authority and Cyberport co-hosted the "Finance + A.I." forum, marking the successful conclusion of the second phase of GenAI sandbox testing. More than 60% of the use cases explored agentic artificial intelligence, reflecting the industry's active push to adopt advanced AI systems.