AI Governance in Singapore’s Financial Sector: A Risk-Ready Approach - Webinar
Introduction
The use of artificial intelligence (AI) is rapidly reshaping the financial services industry, enhancing customer engagement, streamlining operations and strengthening risk management. Yet, alongside these opportunities comes complex regulatory, ethical, and operational challenges that financial institutions must navigate carefully.
Singapore has positioned itself as a global leader in addressing these challenges. The Monetary Authority of Singapore (MAS) has taken a proactive and principles-based approach to AI governance, setting the tone for responsible innovation in the sector.
This webinar will explore how Singapore’s regulatory approach is shaping the future of AI in financial services. We will examine key developments, including MAS’ latest guidance on AI model risk management, case studies and share practical insights to building an AI governance toolkit to help financial institutions and their legal teams stay ahead of regulatory expectations.
What You Will Learn
This webinar will cover the following:
- Laws and regulations on use of AI in finance in Singapore
- MAS’ regulatory approach to AI governance in the financial sector
- Key challenges with utilising GenAI
- Case studies and learnings from MAS’ 2024 thematic review of banks’ AI (including Generative AI) model risk management practices in mid-2024
- Practical toolkit for assessing AI use for financial institutions
This pre-recorded webinar will be available to view from Wednesday 22nd October 2025
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