SFC introduces new market monitoring model aided by AI

Hong Kong securities regulator has introduced a new market monitoring model, conducting data analysis driven by artificial intelligence.

The Securities and Futures Commission has resumed the Enforcement Reporter, a newsletter notifying the industry and the public of its significant enforcement actions.

The SFC said the new model will be used to assess indicators including financial disclosures and market trends and to identify companies with heightened risk profiles.

The data analysis aided by AI will focus on formal investigations and other higher risk areas, and identify risks in a timely manner to strengthen corporate governance and internal controls, said the SFC.

STAFF REPORTER