Hong Kong sets rules for AI agents in banking
Hong Kong's banking regulator has set out rules for agentic AI in banking through a framework called ART. Agentic AI refers to AI systems that can carry out tasks on their own, the headline suggests.
Quick glossaryHong Kong's regulator, HKMA, Agentic AI
- Hong Kong's regulator
- The body that oversees banks and money matters in Hong Kong, setting rules that financial firms must follow.
- HKMA
- The Hong Kong Monetary Authority is the city's central bank-style regulator that supervises banks and currency.
- Agentic AI
- AI systems that can plan and take actions on their own to finish a task for a user.
Read at FinTech Global
Burning Potato score: 25%