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The HKMA's new ART framework establishes a governance structure for banking AI that prioritizes accountability, resilience, and trust within the financial sector. This policy move directly impacts how institutions deploy machine learning models by setting specific standards for responsible adoption rather than focusing on technical breakthroughs or consumer hardware.
HKMA Unveils 'ART' Framework to Promote Responsible AI Use in Banking
36Kr reports that the HKMA today unveiled the 'ART' framework to support responsible AI adoption in banking, aiming to build an accountable, resilient, and trustworthy AI-enabled banking ecosystem.
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