At the BIS Innovation Summit 2024 in May, HKMA’s Eddie Yue and Chia Der Jiun from MAS highlighted the balance between AI innovation and regulatory frameworks, discussing financial stability, cyberthreats, and ethical AI deployment.
Speech by Emmanuel Daniel, founder of The Asian Banker, at The Asian Banker Summit in Hong Kong on 23 May
Holmes advocates for balancing financial innovation with resilience, emphasising regulatory sandboxes, AI's transformative role, and the need for adaptive legislation in global banking.
The Hong Kong Monetary Authority (HKMA) has won the top prize for macroeconomic regulation, reflecting its commitment to upholding rigorous regulatory standards, crucial for financial resilience.
David Becker, managing director Asia at Temenos, shared his perspectives on the emerging key technology trends, how banks need to focus on building their cloud capabilities and technology for real-time payments and the outlook for…