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Hong Kong’s multilingual environment poses difficulties for regs looking to use supervisory tech

Regulators supervising multilingual jurisdictions face challenges in applying machine learning in supervisory tasks, especially for tools requiring a high accuracy on linguistic capabilities, according to the Financial Stability Board (FSB) which has published a report on the use of supervisory technology (or suptech used by regulators) and regulatory technology (or regtech, used by regulated financial institutions). The report, which outlined…

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