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NH NongHyup Financial speeds up buildout of AI control framework, strengthens foundation for responsible AI

NH NongHyup Financial Group has begun building a groupwide artificial intelligence management framework as it responds to a broader push to strengthen AI internal controls in finance. It started work after holding a kickoff briefing on establishing AI governance at its Seoul headquarters. Over about 8 months, it plans to set common standards and operating principles and then embed them across key affiliates. It will also revamp AI rules and frameworks through cross-company cooperation.