On October 28, according to Bloomberg, Hong Kong released its first policy guidelines for artificial intelligence applications in the financial industry and proposed to extend the tax incentive plan for virtual assets.
Hui Cheng-yu, Secretary for Financial Services and the Treasury, said the relevant tax incentive bill will be submitted to the Legislative Council by the end of the year. The policy guidelines provide a unified framework for Hong Kong regulators to formulate AI policies, with the aim of regulating the development of AI applications in the financial industry. Despite Hong Kong's active promotion of AI policy, mainstream AI tools such as ChatGPT and Gemini are still not open to use in Hong Kong.
Hong Kong unveils AI policy guidelines for the financial industry and plans to extend tax incentives for virtual assets
2024-10-28 04:41:22
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