Hong Kong’s de facto central bank is urging financial institutions in the city to follow a new set of guidelines when using generative artificial intelligence (GenAI) in consumer-facing applications, as …
The HKMA did not specify the eligible requirements for the GenAI sandbox and its application process, but said these details would be announced in due course. Hong Kong Monetary Authority …
As the city makes a big push to become a virtual asset and Web3 hub, the reports offer insights for market participants and regulators, locally and internationally, which will help …
High inflation and elevated borrowing costs are dampening the attractiveness of leveraged private-market investments, but institutional investors across Asia-Pacific are still determined to increase their allocations in private assets, especially …
Charles Li Xiaojia, former head of Hong Kong Exchanges and Clearing, pitched his new venture that finances small businesses and takes a cut of daily revenue at the Money20/20 Asia …
All financial institutions licensed by the Securities and Futures Commission (SFC) to carry out regulated activities should be required to submit environmental, social and governance (ESG) reports that cover their …
Chen Siqing, the lender’s chairman and executive director, has tendered his resignation to the board of directors, with immediate effect, according to a company statement on February 1. The statement …