OpenGov Asia

Singapore: MAS Sets Out AI Governance Expectations for Financial Institutions

The Monetary Authority of Singapore (MAS) has issued new supervisory guidelines to support the responsible adoption of AI across the financial sector. The framework sets out expectations for financial institutions to manage AI-related risks while allowing firms to apply controls proportionate to the scale and complexity of their AI use. The guidelines will take effect […]

By OpenGov Asia

1 min read
Singapore: MAS Sets Out AI Governance Expectations for Financial Institutions
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