Hong Kong Insurance Authority publishes white paper: Collaborative learning enhances insurance industry operational efficiency and data privacy.

According to the Intelligence Finance APP, on November 3, the Insurance Authority of Hong Kong (IAHK) announced the release of the White Paper "Collaborative Learning: Opening the Door to Innovation in the Insurance Industry" during the Hong Kong Fintech Week. Mr. Clement Cheung, Chief Executive Officer of IAHK, stated, "In the face of rapidly changing market environments, financial regulatory agencies must uphold a balanced and enlightened attitude to promote market-compatible and responsible innovation development. Against this background, collaborative learning plays an important role in facilitating cross-border data cooperation while safeguarding personal privacy."