Joseph Lim 
#Enforcement is key:
#HongKong issues #generativeAI #guidelines to #banks to avoid bias against consumers
"Banks looking to use GenAI in their prods shld follow a range of principles, incl'g ensur'g customers can choose to #optout of using e #technology & tt #AI models don't lead to unfair #bias or disadvantage certain #consumer groups, #HKMA said in a notice. Company boards & senior management shld also "remain #accountable for all e GenAI-driven decisions & processes""
https://www.bangkokpost.com/business/general/2850382/hong-kong-issues-generative-ai-guidelines-to-banks-to-avoid-bias-against-consumers
Hong Kong issues generative AI guidelines to banks to avoid bias against consumers
<p>HONG KONG: 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 adoption grows in the banking sector.</p>