Progress

Current status
adopted
19 Aug 2024 adopted

Scope

Implementers
Hong Kong
Policy Area
Consumer protection
Policy Instrument
Design requirement
Regulated Economic Activity
ML and AI development
Government Branch
executive
Government Body
central government
Implementation Level
national

Timeline of events

19 Aug 2024
adopted

Issued HKMA Circular on consumer protection on the use of generative AI

On 19 August 2024 the Hong Kong Monetary Authority (HKMA) issued a circular with guiding principles for consumer protection with respect to the use of generative Artificial Intelligence (GenAI) in customer-facing applications. The circular builds on…

Source
Event type outline
Action type adoption
Government branch executive
Government body central government