Singapore: Closed the first phase of Project MindForge concerning the development of a generative AI (GenAI) risk framework in the financial sector
Description
Closed the first phase of Project MindForge concerning the development of a generative AI (GenAI) risk framework in the financial sector
On 15 November 2023, the Monetary Authority of Singapore (MAS) closed the first phase of Project MindForge concerning the development of a generative AI (GenAI) risk framework in the financial sector. The Project aims to develop a framework for the …
Scope
Policy Area
Design and testing standards
Policy Instrument
Testing requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies), other service provider
Implementation Level
national
Government Branch
executive
Government Body
central government