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Monetary Authority of Singapore collaborates with banks on AI safety measures · Cyprus Report

Tech · World

Monetary Authority of Singapore collaborates with banks on AI safety measures

1 sourceFirst reported 18 days agoUpdated 18 days ago

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The Monetary Authority of Singapore (MAS) has collaborated with financial institutions and FinTech companies.
They have released an industry white paper focused on establishing safeguards for AI agents within the finance sector.
The initiative aims to address the growing incorporation of AI technologies in financial services.
Stakeholders are encouraged to participate in discussions regarding the implementation of these safeguards.
This collaboration highlights a proactive approach to ensuring responsible and secure use of AI in finance.

Generated by AI from the 1 sources below · always verify with the originals

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Summarising the coverage…

Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

Monetary Authority of Singapore and banks team on safeguards for AI agentsFinextra · 18 days ago

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AI summary: catch up in 20 seconds

The Monetary Authority of Singapore (MAS) has collaborated with financial institutions and FinTech companies.
They have released an industry white paper focused on establishing safeguards for AI agents within the finance sector.
The initiative aims to address the growing incorporation of AI technologies in financial services.
Stakeholders are encouraged to participate in discussions regarding the implementation of these safeguards.
This collaboration highlights a proactive approach to ensuring responsible and secure use of AI in finance.

Generated by AI from the 1 sources below · always verify with the originals