Core Insights - The Hong Kong Monetary Authority (HKMA) and Cyberport hosted a seminar on Generative Artificial Intelligence (GenA.I.), highlighting its potential in risk management, fraud prevention, and customer experience [1][2] - The HKMA released the "First Phase GenA.I. Sandbox Report," which summarizes successful experiences and provides practical guidance for the industry [2][3] Group 1: Seminar Overview - The seminar attracted over 500 participants from banking, insurance, and technology sectors, facilitating discussions on GenA.I. development trends and applications in finance [2] - Interactive exhibitions allowed banks participating in the GenA.I. sandbox to share insights and showcase innovative use cases [2] Group 2: GenA.I. Sandbox Report - The report indicates significant potential for GenA.I. in enhancing risk management, fraud prevention, and customer experience [2][3] - It integrates results from technology tests conducted at the Cyberport AI Supercomputing Center, offering practical guidance on key technical aspects like model tuning and safety measures [2] Group 3: Future Directions - HKMA President Eddie Yue expressed optimism for the second phase of the sandbox to further promote responsible GenA.I. applications, laying a solid foundation for future banking services [3] - The exploration of innovative use cases has led to collaborations with the Bank for International Settlements and other regulatory bodies to develop explainable AI tools [3]