Hong Kong: Issued HKMA Circular on consumer protection on the use of generative AI
Description
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…
Scope
Policy Area
Consumer protection, Design and testing standards
Policy Instrument
Design requirement
Regulated Economic Activity
ML and AI development
Implementation Level
national
Government Branch
executive
Government Body
central government