The Hong Kong Monetary Authority unveils the ART Framework to support the responsible use of AI in the banking sector
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Author:小编   

On October 15, the Hong Kong Monetary Authority announced the launch of the 'ART' Framework today, aimed at supporting the responsible use of artificial intelligence in the banking sector and fostering an accountable, resilient, and trustworthy AI-enabled banking ecosystem. The framework includes specific measures such as: releasing the latest 'Supervisory Guidelines on the Responsible Use of Artificial Intelligence,' which incorporates insights from the second phase of the Generative AI Sandbox; collaborating with Cyberport Hong Kong and The University of Hong Kong to create an AI training data sharing platform, with data quality assurance as its core design principle; further testing agentic AI applications through GenAI Sandbox++ and publishing a discussion paper on a proposed supervisory framework for Agentic AI governance, exploring intent-based accountability mechanisms, a registry of significant AI agents, and effective intervention mechanisms.