The Hong Kong Monetary Authority today announced the “ART” framework to support the banking industry's responsible application of artificial intelligence to establish an accountable, resilient and trustworthy A.I. empowering banking ecosystem. Specific measures under the “ART” framework include issuing the latest “Regulatory Guidelines for Responsible Application of Artificial Intelligence”, which includes insights from the second phase of the Generative AI Sandbox; cooperating with Hong Kong Cyberport Management Limited and the University of Hong Kong to build an A.I. Training Data Sharing Platform with data quality assurance as the core design principle; and further testing proxy A.I. Applications through GenA.I. Sandbox++ and publishing discussion papers on the proposed regulatory framework for Agentic A.I. Governance to discuss intent-based accountability arrangements and important A.I. Agents Register of records and effective intervention mechanisms.

The Hong Kong Monetary Authority today announced the “ART” framework to support the banking industry's responsible application of artificial intelligence to establish an accountable, resilient and trustworthy A.I. empowering banking ecosystem. Specific measures under the “ART” framework include issuing the latest “Regulatory Guidelines for Responsible Application of Artificial Intelligence”, which includes insights from the second phase of the Generative AI Sandbox; cooperating with Hong Kong Cyberport Management Limited and the University of Hong Kong to build an A.I. Training Data Sharing Platform with data quality assurance as the core design principle; and further testing proxy A.I. Applications through GenA.I. Sandbox++ and publishing discussion papers on the proposed regulatory framework for Agentic A.I. Governance to discuss intent-based accountability arrangements and important A.I. Agents Register of records and effective intervention mechanisms.