China and HK AI Rules

Financial institutions operating across the Greater Bay Area now face two distinct regulatory realities for Artificial Intelligence. Mainland China enforces a centralized, national security-driven model requiring the mandatory filing of algorithmic logic and strict content controls. Conversely, Hong Kong SAR adopts a principles-based framework focused on consumer protection, ethical governance, and "human-in-the-loop" oversight. This post analyzes the "control vs. principle" divergence in recent mandates—including the Mainland's Interim Measures and Hong Kong's GenAI circulars—and outlines the bifurcated compliance strategy required to navigate this complex landscape.