Artificial intelligence in Asia's financial sector

In Asia, the adoption of artificial intelligence (AI) within the financial sector has expanded significantly in recent years, offering substantial opportunities to enhance market efficiency, support innovation and inclusion, and improve customer outcomes. However, the deployment of AI also carries the potential to exacerbate existing vulnerabilities within financial systems and introduce novel sources of risk. This paper analyses policy frameworks governing the use of AI in finance across 15 Asian jurisdictions, drawing on insights from the OECD Survey on Asian Policy Approaches to AI in Finance, and provides policy considerations.