by AdrianaAMLP | Dec 13, 2025
The consultation paper sets out MAS’s supervisory expectations that all financial institutions maintain clear governance and board-level oversight of AI risk, establish robust systems for identifying and inventorying AI applications, and conduct risk materiality...
by Jyotsna Bucktowar | Nov 13, 2025
The Guideline proposes proportionate, organisation-wide expectations for financial institutions—covering governance, AI inventories, lifecycle controls, and skills development—to ensure the safe and responsible use of AI, including generative systems…
by Jyotsna Bucktowar | Nov 5, 2025
The review highlights growing risks from technology-enabled threats—particularly cyberattacks, data breaches, and the misuse of advanced technologies such as AI—while emphasising that strong governance, resilient systems, and enhanced supervisory oversight are...
by AdrianaAMLP | Jul 15, 2025
The MAS Annual Report 2024/25 outlines the Authority’s key priorities and policy responses to support economic stability, strengthen the financial sector, and address emerging risks. It aims to provide transparency on MAS’s actions in monetary policy, financial crime...
by Jyotsna Bucktowar | Jul 4, 2025
MAS penalised 6 banks—Credit Suisse (S$5.8 million), UOB, UBS, UOB Kay Hian, Citibank, and LGT Bank—along with asset and trust firms Julius Baer, Blue Ocean Invest, and Trident Trust. Investigations began in early 2023 and concluded in early 2025, uncovering...
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