Regulatory Alerts2024-09-20
Added · Updated
Generative Artificial Intelligence Sandbox
The Hong Kong Monetary Authority issued this circular on September 20, 2024, to establish a regulatory sandbox for Generative Artificial Intelligence. The framework allows authorized institutions to test generative AI applications in a controlled environment to manage risks while fostering innovation. This initiative supports the development of responsible AI adoption within the financial sector by providing a structured pathway for experimentation and oversight.
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