Monographs/Information Papers
Implementation of Fairness Principles in Financial Institutions' Use of Artificial Intelligence / Machine Learning
MAS conducted a thematic review on selected financial institutions’ (FIs) implementation of Fairness Principles in their use of Artificial Intelligence / Machine Learning (AI/ML). The paper highlights observations from the review of the FIs’ policies and governance frameworks to meet the Fairness objectives under the FEAT Principles, and their implementation effectiveness in actual AI/ML use cases. It sets out MAS’ recommendations, good practices and illustrative examples observed from the review.
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Monographs/Information PapersPublished Date: 17 April 2023
Corporate Finance Thematic Inspection - Good Practices and Key Findings
This information paper follows from MAS’ thematic inspection of eight Issue Managers (“IMs”), which focused on the IMs’ controls regarding the due diligence process for Initial Public Offerings, as well as placement activities. It sets out the good practices and weaknesses observed, and MAS’ expectations for IMs arising from the inspections.
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Monographs/Information PapersPublished Date: 31 October 2022
Project Orchid Whitepaper
Project Orchid is a multi-year, multi-phase exploratory project examining the various design and technical aspects pertinent to a retail CBDC system for Singapore, from its functionalities to its interaction with existing payment infrastructures. Though MAS has assessed that there is no urgent need for a retail CBDC in...
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Monographs/Information PapersPublished Date: 07 October 2022
National Strategy for Countering the Financing of Terrorism (CFT)
Taking into account the findings of the Terrorism Financing National Risk Assessment (TF NRA) 2020 , Singapore formulated our National Strategy for Countering the Financing of Terrorism (CFT). The National CFT Strategy forms the blueprint that outlines Singapore’s national approach to address our TF risks and serves as...