FSTB

Hong Kong FSTB Issues New AI Policies for Financial Sector

October 28, 2024
The Hong Kong Financial Services and Treasury Bureau (FSTB) released a policy framework today focusing on responsible AI use within the financial services industry. The bureau, responsible for developing and enforcing financial policies, emphasized that AI deployment should enhance efficiency, security, and customer service standards across the sector. The FSTB also recommended a “dual-track approach”