Hong Kong recently introduced a “dual-track” policy for AI adoption in the financial sector, aiming to balance innovation with risk management. The initiative, announced by the Financial Services and Treasury Bureau (FSTB) on Oct. 28, 2024, targets responsible AI use in finance by enhancing efficiency, security, and customer experience. The policy emphasizes collaboration between the government, regulators, and financial service providers to guide AI’s implementation while addressing ethical and operational challenges. Don’t Miss: ‘Beating the market through ethical real estate investing’ —thi…

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