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The Zhitong Finance App learned that the Chief Executive of the Hong Kong Securities Regulatory Commission, Leung Fung-yee, emphasized during the panel discussion session at the Hong Kong Association of Banks's Annual Lecture and Luncheon that artificial intelligence (AI) and the internationalization of the RMB are the twin engines driving China's economic growth and are also important forces leading the Hong Kong market to the next stage of leap forward. Among them, it was mentioned that the Hong Kong Securities Regulatory Commission is considering whether it is necessary to provide further guidance to help institutions implement existing regulatory principles in proxy AI application scenarios. This is not to standardize technical design details, but rather to clarify the regulatory results that the Securities Regulatory Commission expects to achieve: clearly dividing responsibilities and implementing effective human supervision, establishing controlled access rights and stipulating the scope of application, conducting robust testing before deployment and continuous monitoring thereafter, ensuring operational resilience, and promptly reporting and taking remedial measures when problems occur.
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The Zhitong Finance App learned that the Chief Executive of the Hong Kong Securities Regulatory Commission, Leung Fung-yee, emphasized during the panel discussion session at the Hong Kong Association of Banks's Annual Lecture and Luncheon that artificial intelligence (AI) and the internationalization of the RMB are the twin engines driving China's economic growth and are also important forces leading the Hong Kong market to the next stage of leap forward. Among them, it was mentioned that the Hong Kong Securities Regulatory Commission is considering whether it is necessary to provide further guidance to help institutions implement existing regulatory principles in proxy AI application scenarios. This is not to standardize technical design details, but rather to clarify the regulatory results that the Securities Regulatory Commission expects to achieve: clearly dividing responsibilities and implementing effective human supervision, establishing controlled access rights and stipulating the scope of application, conducting robust testing before deployment and continuous monitoring thereafter, ensuring operational resilience, and promptly reporting and taking remedial measures when problems occur.
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