HKMA announces "ART" Framework to promote responsible AI adoption
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The Hong Kong Monetary Authority (HKMA) announced today (October 15) the "ART" Framework to support the responsible adoption of AI in the banking sector, fostering an AI-enabled banking ecosystem with "Accountability", "Resilience", and "Trust".
AI systems are becoming more autonomous, with greater access to data, tools and workflows. With the aim of supporting banks in seizing the opportunities presented by AI while maintaining robust governance and operational resilience, key initiatives under the "ART" Framework include:
- Issued the latest Supervisory Guidance for Responsible Adoption of Artificial Intelligence, drawing on insights from the second cohort of the Generative AI (GenAI) Sandbox;
- An AI training data sharing platform in collaboration with Hong Kong Cyberport Management Company Limited (Cyberport) and the University of Hong Kong, with data quality assurance as a core design principle; and
- Further testing of agentic AI applications through the GenA.I. Sandbox++ and an upcoming discussion paper on a proposed supervisory framework for agentic A.I. governance, exploring intent-anchored accountability, a registry of material AI agents, and effective intervention mechanisms.
The HKMA is also co-hosting the two-day Finance+A.I. Forum with Cyberport on October 15 and 16, marking the successful completion of the technical trials under the second cohort of the GenAI Sandbox, which delivered positive results. Notably, more than 60 per cent of the use cases explored agentic AI, demonstrating the industry's active pursuit of advanced AI applications, such as automated planning and execution of multi-step tasks within defined boundaries and controls.
Deputy Chief Executive of the HKMA Mr Arthur Yuen said, "The progression from generative to agentic AI represents an important new stage of innovation for the banking sector. Under Fintech 2030, the HKMA is introducing the 'ART' Framework, which stands for 'Accountability', 'Resiliency' and 'Trust', with the aim of providing a clear foundation for banks to develop and deploy AI responsibly. By pairing innovation with clear accountability, resilient operating models and effective human oversight, banks can fully realise the benefits of AI while maintaining the trust and stability for Hong Kong's financial system."
Ends/Thursday, October 15, 2026
Issued at HKT 14:30
Issued at HKT 14:30
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