HKMA unveils framework for responsible AI in banking

The framework focuses on accountability, resilience, and trust, with initiatives including supervisory guidance and an AI training data sharing platform.

The ART framework aims to help banks realize the benefits of AI while maintaining trust and stability in the financial system.

More than 60 percent of use cases explored agentic AI applications in a recent sandbox trial, with positive results to be showcased at the Finance+AI Forum.