Regulatory Alerts2026-06-22
Added · Updated
Supporting Adoption of Artificial Intelligence in Fighting Financial Crime
The Hong Kong Monetary Authority issued this guidance to drive the responsible adoption of artificial intelligence in anti-money laundering and counter-financing of terrorism frameworks. The document requires banks to transition from static rule-based monitoring to dynamic, intelligence-led risk management while establishing robust cross-line governance and board-level accountability. It emphasizes leveraging public-private partnerships and advanced analytics to improve detection effectiveness, reduce false positives, and disrupt complex financial crime networks.