HKMA GenAI Sandbox 2.0 Launches to Advance Responsible AI in Finance

HKMA GenAI Sandbox has entered its second phase as the Hong Kong Monetary Authority, in partnership with Cyberport, launches the next cohort to accelerate safe and responsible AI adoption in the financial sector. From over 60 proposals, 27 use cases were selected from 20 banks and 14 technology partners, prioritising innovation, complexity, and industry value. The new cohort shifts focus from experimentation to implementation, introducing “A.I. vs A.I.” governance checks and defences against deepfake-related fraud. Pilot trials will commence in early 2026 at Cyberport’s Artificial Intelligence Supercomputing Centre. The HKMA said the programme marks a major step toward building a secure, scalable AI ecosystem across Hong Kong’s banking industry.