B · Normal
[The Securities and Futures Commission of Hong Kong: It will make good use of advanced technologies, including artificial intelligence, to support the steady development of Hong Kong’s financial market] The Securities and Futures Commission of Hong Kong has announced a strategic action plan in line with Hong Kong’s first five-year plan and the Policy Address. As a market regulator and market development promoter, the Securities and Futures Commission of Hong Kong will actively support the SAR government in promoting high-quality financial development and work with the industry to translate policy directions into market results and enhance the depth, breadth and international competitiveness of Hong Kong’s financial market. Ms. Leung Fung-yee, Chief Executive of the Hong Kong Securities and Futures Commission, said: "As Hong Kong's capital market enters a new stage of development, the SFC will strengthen communication and cooperation with industry stakeholders to ensure that market participants fully understand regulatory requirements and development directions. We will also deepen cooperation with mainland and overseas regulatory agencies to jointly promote cross-border market interconnection and financial innovation." Ms. Leung He added: "While promoting market development, we will also continue to adhere to the core mission of maintaining market quality, integrity and investor protection. Financial security is an important foundation for sustainable market development, so the SFC will make good use of advanced technologies, including artificial intelligence, to enhance risk monitoring, supervision and law enforcement capabilities to support the steady development of Hong Kong's financial market."
Comments