MAS gives Singapore’s financial firms one year to prepare for AI risk rules

T2Covered by 1 source · first reported by SEA: e27 / Vulcan Post at 08 Oct, 06:16 UTC

Singapore’s financial regulator has set out how banks, insurers, payment companies and other financial institutions should govern artificial intelligence, as AI moves from back-office experiments into systems that can influence customer outcomes, risk decisions and even execution. The Monetary…

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• T2MAS gives Singapore’s financial firms one year to prepare for AI risk rulesSEA: e27 / Vulcan Post08 Oct, 06:16