HKMA announces "ART" Framework to promote responsible AI adoption
The following is issued on behalf of the Hong Kong Monetary Authority:
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".
The Hong Kong Monetary Authority. Photo source: reference image
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:
- An AItraining 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 AIapplications 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 AIagents, 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."
Photo source: reference image
Hong Kong Space Museum to screen new 3D dome show "Explore 3D"
The Hong Kong Space Museum is screening a new 3D dome show, "Explore 3D", at its Space Theatre from today (October 15). The show will lead audiences across centuries to explore the scientific journey and abstract laws of physics in an immersive visual experience.
Through a series of stunning and richly detailed scenes, the show bridges the past and future of astronomy while transporting audiences to see how pioneering scientists reshaped mankind's understanding of the Universe and gradually uncovered the mysteries of celestial motion. From tracking the relative paths of the Sun and the Moon across the zodiac to help in predicting eclipses and placing the Sun, rather than the Earth, at the centre of the Universe, to developing laws of physics that help calculate orbits of spacecraft, and more, these insights laid the foundation for modern space exploration, paving the way towards the dream of landing on Mars.
The 28-minute show will be screened until July 14, 2027. Screening times are 2pm and 6.30pm on weekdays and 12.30pm and 5pm on weekends and public holidays respectively. Tickets priced at $30 (front stalls) and $40 (stalls) are now available at the Hong Kong Space Museum Box Office and URBTIX (www.urbtix.hk). For details of the show, please visit (hk.space.museum/en/web/spm/shows/3d-show/explore-3d.html).
The Hong Kong Space Museum, located at 10 Salisbury Road, Tsim Sha Tsui, Kowloon, is closed on Tuesdays (except public holidays).
The Hong Kong Space Museum is screening a new 3D dome show, "Explore 3D", at its Space Theatre from today (October 15). Photo shows how scientists apply Kepler's laws and the Hohmann transfer to allow spacecraft to follow the most fuel-efficient orbit. Precise calculations and manoeuvres allow spacecraft to dock with the space station, which is travelling at over 20 times the speed of sound. (Source of photo: Creative Planet) Source: HKSAR Government Press Releases
The Hong Kong Space Museum is screening a new 3D dome show, "Explore 3D", at its Space Theatre from today (October 15). Photo shows an artist's impression of a voyage to land on Mars. The journey involves overcoming the challenges of travelling hundreds of millions of kilometres and enduring harmful radiation. The efforts of past generations of scientists have enabled humanity to take great leaps towards this dream. (Source of photo: Creative Planet) Source: HKSAR Government Press Releases
The Hong Kong Space Museum is screening a new 3D dome show, "Explore 3D", at its Space Theatre from today (October 15). Photo shows the spacecraft and artificial satellites orbiting the Earth. Kepler's laws allow people to calculate the orbits of spacecraft and control thousands of artificial satellites. (Source of photo: Creative Planet) Source: HKSAR Government Press Releases
The Hong Kong Space Museum is screening a new 3D dome show, "Explore 3D", at its Space Theatre from today (October 15). Photo shows the heliocentric model proposed by the Polish scholar Nicolaus Copernicus, which placed the Sun, rather than the Earth, at the centre of the Universe, laying the foundation for the subsequent development of astronomy. (Source of photo: Creative Planet) Source: HKSAR Government Press Releases
The Hong Kong Space Museum is screening a new 3D dome show, "Explore 3D", at its Space Theatre from today (October 15). Photo shows the zodiac system in the show. It enabled scholars to track the relative paths of the Sun and the Moon more precisely across the zodiac, helping them predict eclipses. (Source of photo: Creative Planet) Source: HKSAR Government Press Releases
