Regulators must think bigger to tackle tech risks, says Hong Kong SFC
Leung warns AI adoption and recent cyber scares show new threats require global co-operation
Regulators need to co-operate across borders and look beyond the financial sector, according to the head of the Hong Kong Securities and Futures Commission, as the adoption of artificial intelligence and growing cyber security threats pose global financial stability challenges.
“The next stress event may come from technology, and that is outside regulators’ parameters,” said Julie Leung, chief
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