Regulation
MAS FEAT Principles + AI Model Risk Management
Singapore — MAS · Singapore (financial institutions) · Guidance
This page is a plain-English summary written by us, not legal advice — the official text is linked above. Our catalogue was last reviewed 2026-08-15; that is a review of the whole catalogue, not an independent legal verification of this entry.
Authority
Singapore — MAS
Jurisdiction
Singapore (financial institutions)
Maximum penalty
MAS supervisory expectation
Catalogue reviewed
2026-08-15
Official source checked
2026-08-23 — unchanged since our last read
Status
FEAT (2018) + Veritas toolkit; AI Model Risk Management information paper (Dec 2024). Draft AI Risk Management Guidelines (Nov 2025) in consultation.
Requirements (1)
FEAT / AI MRM
recommended
Apply Fairness, Ethics, Accountability & Transparency (FEAT); maintain a bank-wide AI inventory with risk-materiality calibration, independent validation for higher-materiality AI, ongoing monitoring, and heightened third-party/GenAI controls.
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