MAS partners industry to develop generative AI risk framework for the financial sector
The Monetary Authority of Singapore (MAS) today announced the successful conclusion of phase one of Project MindForge [1] which seeks to develop a risk framework for the use of Generative Artificial Intelligence (GenAI) for the financial sector. A whitepaper detailing the risk framework will be published in January 2024. The executive summary of this whitepaper was released today.
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Posted on Nov 15, 2023 Region: Singapore
AI, risk Monetary Authority of Singapore, Project MindForge, Generative Artificial Intelligence
