AI Risk & Governance

Cloud & Infrastructure

HKMA Launches New Platform to Boost Fintech Collaboration

By Sanday Chongo Kabange | 30/10/2024

The “Fintech Connect” platform will help banks discover innovative solutions developed and offered by fintech solution providers.

AI Risk & Governance

Hong Kong Sets Policy Approach to AI Development

By Manesh Samtani | 28/10/2024

The Hong Kong government will promote the development of AI in the financial sector, subject to proper governance and risk mitigation being in place.

Cybersecurity

Korea to Conduct Cybersecurity Exercise for Non-bank Financial Firms

By Manesh Samtani | 25/10/2024

A blinded cybersecurity exercise using white-hat hackers will be conducted to test the response capabilities of securities, insurance, and card companies.

AI Risk & Governance

Australia Issues Framework for Addressing Real-world Impacts of AI

By Thisanka Siripala | 24/10/2024

The AI Impact Navigator aims to assist businesses in measuring, managing, and reporting the real-world impacts of their AI systems.

AI Risk & Governance

Australia DTA Releases Results of GenAI Trials in Government

By Sanday Chongo Kabange | 24/10/2024

The DTA says the insights obtained from the trial will inform the ongoing safe and responsible adoption of GenAI across the Australian public service.

Data Privacy

Australia Publishes New AI Guidance Addressing Privacy Compliance

By Editors | 22/10/2024

The guidance includes information for developers that use personal information to train generative AI models.

Data Privacy

Hong Kong’s AI Leap: Exploring the New Model Framework

By Daniel Ng | 22/10/2024

Daniel Ng, Charlton Lin and Gigi Chang discuss the PCPD’s Model Personal Data Protection Framework for AI and the future regulatory landscape for AI and data security in Hong Kong.

AI Risk & Governance

FCA Launches “AI Lab” to Support Financial Sector Innovation

By Manesh Samtani | 20/10/2024

The FCA’s Jessica Rusu said the AI Lab will help firms overcome challenges they face in building and implementing AI solutions.

Cybersecurity

NYDFS Issues Guidance on Combatting AI-Related Cyber Risks

By Nithya Subramanian | 18/10/2024

The guidance highlights four key threats arising out of AI and offers recommendations on security controls and mitigation measures.