在这篇文章里，张律师深入概述了香港虚拟资产的现行监管框架，探讨了行业参与者面临的关键发展及挑战。他着重强调了在推动创新的同时，保障消费者保护和市场诚信的重要性。

请按此阅读完整文章，以获取有关香港金融科技未来发展以及将影响这一快速演变行业的监管考量的宝贵见解。

如阁下有任何查询或想了解更多详情，请联络本所合伙人张源辉律师。

本奖项旨在表彰内地﹑香港﹑澳门和台湾法律领域的40位40岁或以下之青年才俊。获奖者凭借向客户、合作伙伴和同事展示超卓的业务表现和杰出的职业道德，以及非凡的成长潜力和对引领大中华区法律行业发展的热情荣登本次榜单。

曾浩贤律师 | 合伙人

主要执业领域：

中国事务，企业及商业法、公司服务，企业融资

曾律师在公司及商业事务方面拥有广泛经验，包括上市前重组及投资、香港及美国首次公开招股、收购及合并、贷款及融资交易、以及上市公司及私人企业的企业管治以及一般合规事宜。

曾律师有强烈的社会责任感。他连续8年获香港律师会颁授杰出社会服务及公益律师奖金奖、及连续3年获专业义工服务评审计划杰出领袖奖；及2021年起担任大舜基金智囊团成员。

曾律师荣获国际权威法律评级机构《国际金融法律评论1000》(IFLR1000) 亚太榜单2023中荣登「香港资本市场 – 股权」的新星合伙人，《国际金融法律评论1000》(IFLR1000) 亚太榜单2024中荣登「香港资本市场 – 股权」的新星合伙人及国际权威法律评级机构《法律500强》(The Legal 500) 2024中荣登「资本市场（股权）」的推荐律师。

曾律师是易纬集团控股有限公司 (股份代号：3893）的非执行董事、亦是迈博药业有限公司-B（股份代号：2181）、宋都服务集团有限公司（股份代号：9608）及1957 & Co. (Hospitality) Limited（股份代号：8495）的公司秘书。

如阁下有任何查询或想了解更多详情，请联络本所合伙人曾浩贤律师。

劳恒晃律师表示：「随着中东与中国（包括香港）之间的投资日趋活跃，我们在连接两地的资本和机会方面的角色尤为重要。这次合作将有助我们扩大全球布局，并为亚洲客户提供通往中东其中一个最国际化、最多元化和流动性最强的资本市场之途径。」

若阁下想了解更多详情，请联络本所劳恒晃律师或刘砚枫律师。

Panellists and Discussion Highlights

The session featured panellists from firms across Asia and North America, including Elizabeth Chan of Stevenson, Wong & Co., Grant Kim of LimNexus LLP, Sunyoung Kim of Baker McKenzie, David McArthur of Yulchon, and Lexi Takamatsu of Mori Hamada & Matsumoto.

They engaged the audience on some of the most pressing issues involving AI-assisted work product in arbitration, examining AI’s potential to assist in the arbitration process while highlighting the essential safeguards needed to maintain fairness, transparency, and procedural integrity. The panel also discussed the practical application of the SVAMC Guidelines on Using AI in Arbitration (SVAMC Guidelines), which are the only comprehensive set of guidelines on using AI in arbitration generally as at the time of this article.

AI Assistance in Drafting Arbitral Awards

Opening with a discussion on AI’s role in assisting with arbitral awards, the panel emphasised that while AI can enhance efficiency, human tribunal members should not delegate decision-making authority to AI tools. Under the SVAMC Guidelines, arbitrators should ensure that AI complements rather than replaces their independent judgement.

The panellists debated the merits of transparency, noting that although the guidelines do not mandate a universal duty to disclose AI use to participants in an arbitration proceeding, arbitrators might consider proactive disclosure in certain cases to maintain trust in the arbitration process.

A parallel was drawn between controversial issues surrounding human tribunal secretaries’ assistance in drafting awards and similar concerns raised by generative AI tools. For example, panellists explored whether it could constitute improper delegation if an arbitrator used an AI tool to identify the top three pieces of evidence from a hearing transcript on a particular issue, even while maintaining overall authorship of the award.

AI Assistance in Expert Work Product

The panel then addressed the use of AI in preparing expert reports. Discussion centred on the role of cross-examination as an additional safeguard, with panellists noting that if an expert disclosed AI assistance in their report, it could prompt tactical questioning about the AI’s specific use and the extent of human verification of the work product.

AI in Document Production

The conversation moved to AI’s application in document production, with panellists noting that several existing tools, such as Relativity and Sightline, are widely used in e-discovery, and newer tools like Lawdify or Co-Counsel are being developed specifically for legal use.

The panel explored potential challenges if a party questions the completeness or sufficiency of a document production where AI tools were used.

While complete accuracy in document production is rarely achievable, panellists noted the risk of guerrilla tactics, where parties might make tactical challenges based on allegations of algorithmic bias and other issues.

The panel emphasised the need for arbitrators to have the technical competence to manage these situations effectively, ensuring both efficiency and the legitimacy of the process.

Confidentiality and Data Security

Confidentiality and data security emerged as central concerns, especially given AI’s potential use to handle vast amounts of sensitive information in arbitration. The SVAMC Guidelines underscore that all participants must ensure AI tools meet appropriate confidentiality requirements, favouring privacy-appropriate solutions whenever possible.

The panellists discussed practical actions to secure confidential information, including anonymising data, using AI tools with robust security protocols, and avoiding tools that cannot guarantee confidentiality.

This approach aligns with the SVAMC Guidelines’ broader emphasis on data protection, offering parties a framework for addressing security concerns in the event of a data breach. Where confidentiality lapses occur, steps such as audits or remedial assessments of AI tools may be warranted.

Conclusion

In closing, the panel reinforced the SVAMC Guidelines as a progressive framework for addressing the complex and evolving risks associated with AI in arbitration. These Guidelines represent a vital resource for the arbitration community, enabling practitioners to harness AI’s benefits responsibly while preserving core principles of fairness and procedural integrity.

Stevenson, Wong & Co. was delighted to be part of the 2024 Seoul ADR Festival, especially given the close trading ties between Korea and Hong Kong.

If you have any questions about this event or our firm’s arbitration practice, please contact Partner Heidi Chui.

Interlaw会定期组织会议，以推动专业发展并强化与其他律师事务所的关系。今年年会的主题是“海洋变革：可持续未来的应对策略 (Sea Change: Strategies for a Sustainable Future)”。在会议期间，郑律师和林律师参与了一系列精心策划的会议，讨论了环境问题、地缘政治的不确定性以及受生成性人工智能影响的快速变化的全球格局所带来的前所未有的挑战。

本所合伙人郑炎潘律师为税务与高净值论坛担任发言嘉宾 (左四)

本所合伙人林丽嫦律师及前Interlaw多元化、包容性和社区亲和力小组的亚太区副主席

如阁下有任何查询或想了解更多详情，请联络本所合伙人郑炎潘律师或林丽嫦律师。

此次大会汇聚了众多业界专家，嘉宾包括香港高等法院特委法官及全国人大常委会香港特别行政区基本法委员会委员王鸣峰资深大律师、上海国际仲裁中心副主任马屹﹑以及上海国际仲裁中心秘书长王唯骏等。会上，徐律师与上海市律师协会副会长黄宁宁﹑香港中文大学法学院讲席教授，商学院名誉兼任教授黄辉及其他来自日本、越南等地的嘉宾，共同探讨了国际仲裁中仲裁员利益冲突及披露制度的演进趋势。 

本所合伙人徐凯怡律师

如阁下有任何查询或想了解更多详情，请联络本所合伙人徐凯怡律师。