Financial institutions are expected to remain accountable for their use of third-party AI tools. The Monetary Authority of Singapore has emphasized this point.
New guidelines for the use of AI will be implemented in phases. The phased implementation is scheduled to start from October 2027.
Further details on the guidelines and their implementation can be found in the source publication, which provides more information on the upcoming changes.
Recent coverage curated from local and regional sources.
Among other expectations, financial institutions will be accountable for AI used in delivered services, including AI developed, operated or …
The minister said the Government will monitor AI developments and apply relevant lessons in Singapore.
Nearly 700,000 voters in Melaka are set to cast their ballots in the state polls on Nov 14.
The man was arrested when he transited through Changi Airport on Sept 25.
Speaking at the Milken Institute Asia Summit, the foreign affairs minister also discussed navigating the US-China rivalry and warned of the …
The agency added that “appropriate action will be taken if any wrongdoing is established”.
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After she received the correction direction, Kokila Annamalai put up an article titled, "I Defy: Why I am not complying with my POFMA Correc…
Several Members of Parliament called for a transition period as some families have made residential arrangements based on the existing frame…
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