Regulatory Alerts2026-06-22
Added · Updated
Supporting Adoption of Artificial Intelligence in Fighting Financial Crime
The Hong Kong Monetary Authority issued this circular to accelerate the use of artificial intelligence by Authorized Institutions for enhancing anti-money laundering and counter-terrorist financing systems. The document highlights industry progress in deploying AI for dynamic risk assessment and suspicious activity monitoring, noting that major institutions have already submitted implementation plans for regulatory review. It further announces a second workshop on agentic AI scheduled for June 2026 and requires institutions to keep their plans under review and report progress when requested.