HK government to release first AI policy statement in finance, supporting ethical AI use during Fintech Week in October.

Hong Kong's government is set to release its first policy statement on artificial intelligence (AI) in finance, aimed at enhancing its use in trading, investment banking, and cryptocurrencies. The Financial Services and Treasury Bureau will provide guidelines on the ethical application of AI, signaling support for the technology. This announcement, expected during Fintech Week in late October, consolidates input from various regulators and reflects a commitment to responsible AI adoption amid global tech developments.

September 17, 2024
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