Regulatory Alerts2025-11-19
Added · Updated
Supporting Artificial Intelligence Adoption in AML/CFT
The Hong Kong Monetary Authority issued this circular to outline its support for Authorized Institutions adopting artificial intelligence to enhance anti-money laundering and counter-financing of terrorism monitoring. The regulator notes that over 30% of institutions have already implemented AI solutions, with adoption rates expected to exceed 80% within 12 to 24 months through either holistic system transformations or phased building-block approaches. To facilitate this transition, the HKMA is organizing a series of workshops on risk detection, alert prioritization, and crypto asset risks, while continuing to track implementation progress and review system effectiveness.