Regulatory Alerts2026-03-05
Added · Updated
Joint Circular on the Expansion of Generative Artificial Intelligence Sandbox
The Hong Kong Monetary Authority, Securities and Futures Commission, Insurance Authority, and Mandatory Provident Fund Schemes Authority jointly issued this circular to expand the Generative A.I. Sandbox for financial institutions. The program invites regulated entities to pilot innovative solutions focused on risk management, anti-fraud measures, and customer experience while adhering to strict data minimization and safety principles. Participants must submit detailed applications through sector-specific channels and are expected to engage in regular reporting, knowledge sharing, and final outcome evaluations within a secure testing environment.