Regulatory Alerts2022-04-28
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Regtech Adoption Practice Guide Sixth Issue
The Hong Kong Monetary Authority issued the sixth issue of the Regtech Adoption Practice Guide to provide implementation guidance for banks adopting Artificial Intelligence-based Regtech solutions. The document advises institutions on establishing data and AI frameworks to address challenges associated with AI usage, such as analyzing data at scale for real-time risk monitoring. It aims to help banks leverage predictive insights and alerts for more comprehensive risk management while navigating the barriers of AI integration.
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HKMA published 11 documents in the last 30 days. We email you each new one the day it's published.
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