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Singapore rolls out AI risk management toolkit for financial institutions

( March 20, 2026, 04:26 GMT | Official Statement) -- MLex summary: The Monetary Authority of Singapore has concluded phase two of Project MindForge, resulting in an artificial intelligence risk management toolkit for financial institutions. Developed with 24 industry partners, the toolkit includes an operationalization handbook and case studies to guide implementation across AI systems. The framework aligns with MAS’ proposed guidelines covering governance, risk assessment, lifecycle controls and enablers. MAS is reviewing consultation feedback and will form a workgroup under its BuildFin.ai initiative to support adoption and address risks from emerging technologies such as agentic AI.The statement, handbook and case studies are attached....

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