This Information Paper provides guidance to financial advisers on sound principles in key areas of their disciplinary action (DA) framework. This helps to achieve more consistent outcomes in their application of DA and to raise standards among financial advisers through sharing of good practices.
Published Date: 12 November 2018
Principles to Promote Fairness, Ethics, Accountability and Transparency (FEAT) in the Use of Artificial Intelligence and Data Analytics in Singapore’s Financial Sector
This document provides firms offering financial products and services with a set of foundational principles on the responsible use of artificial intelligence and data analytics (AIDA). The Principles also help firms to strengthen internal governance around data management and use, fostering greater public confidence and trust in the use of AIDA.
Para 1.4 has been updated on 7 Feb 2019 to reflect PDPC’s Model AI Governance Framework.