Kelvin Wong's keynote speech at the Hong Kong Securities and Investment Institute Chairman’s Cocktail discussed the importance of people, standards, and AI in strengthening Hong Kong’s financial backbone. The speech is now available on the SFC website.
This article was generated using SAMS, an AI technology by Timothy Loh LLP.
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On March 9, 2026, Kelvin Wong delivered a keynote speech titled 'People, Standards, and AI: Strengthening Hong Kong’s Financial Backbone' at the Hong Kong Securities and Investment Institute Chairman’s Cocktail. The speech, available on the SFC website, underscored the crucial role of human expertise, robust standards, and artificial intelligence ("AI") in fortifying Hong Kong’s financial infrastructure.
Wong underscored the critical importance of skilled professionals in the financial sector, emphasizing that 'people' are fundamental to the system's operations. He stressed the need for these professionals to adhere to stringent standards and be adept in using emerging technologies such as AI.
The speaker highlighted that 'standards' are vital for preserving the integrity and stability of the financial sector. Wong noted that adherence to international standards fosters compliance, reduces risks, and promotes transparency while encouraging local innovation.
Kelvin Wong also emphasized the role of artificial intelligence ("AI") in the financial landscape. He stated that AI can enhance efficiency, improve decision-making, and provide valuable insights. However, he cautioned that responsible and ethical use of AI is paramount to avoid unintended consequences. Wong advocated for a balanced approach that combines human judgment with AI capabilities.
Wong discussed the significance of continuous education and learning in the financial sector. He argued that ongoing training and development programs are essential to equip professionals with skills to thrive in a rapidly evolving digital environment, thereby reinforcing Hong Kong’s financial backbone.
The speech concluded with a call to action for stakeholders—regulators, industry professionals, and educators—to collaborate and work together towards a future where technology and human expertise harmoniously complement each other. This synergy, according to Wong, is indispensable for the long-term success and sustainability of Hong Kong’s financial ecosystem.
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