The National Financial Regulatory Administration has released a set of guidelines aimed at fostering the secure development and application of artificial intelligence (AI) within the banking and insurance industries, emphasizing the need for improved governance mechanisms. Financial institutions leveraging AI technologies are urged to establish, through their boards of directors (or boards of supervisors), a dedicated committee responsible for overseeing AI management. This committee will be tasked with coordinating strategic planning, advancing the development of robust capability frameworks, formulating institutional standards, defining the primary department in charge, and establishing mechanisms for cross-departmental collaboration. Additionally, there is a strong emphasis on nurturing talent to ensure that AI applications are in harmony with the risk management capabilities of the respective financial institutions, thereby promoting a secure and responsible AI ecosystem.