On 7 October 2026, the Monetary Authority of Singapore (MAS) issued its Guidelines on Artificial Intelligence Risk Management (Guidelines). The Guidelines, which seek to support responsible artificial intelligence (AI) adoption in Singapore’s financial sector, set out MAS’ supervisory expectations relating to AI risk management in financial institutions, and will take effect on 7 October 2027.
In this update, our Co-Head of Financial Services Regulatory Elaine Chan and Partners Tian Sion Yoong and Chan Jia Hui, and Head of Intellectual Property, Technology & Data Lam Chung Nian and Partner Kylie Peh, highlight the key features of the Guidelines.
To view our update, please click here.
If you would like information and/or assistance on the above or any other area of law, you may wish to contact the Partner at WongPartnership whom you normally work with or any of the following Partners:
Elaine CHAN
Co-Head – Financial Services Regulatory
d +65 6416 8010
e elaine.chan@wongpartnership.com
Click here to view Elaine’s CV.
LAM Chung Nian
Head – Intellectual Property, Technology & Data
d +65 6416 8271
e chungnian.lam@wongpartnership.com
Click here to view Chung Nian’s CV.
TIAN Sion Yoong
Partner – Financial Services Regulatory
d +65 6416 2488
e sionyoong.tian@wongpartnership.com
Click here to view Sion Yoong’s CV.
Kylie PEH
Partner – Intellectual Property, Technology & Data
d +65 6416 8259
e kylie.peh@wongpartnership.com
Click here to view Kylie’s CV.
CHAN Jia Hui
Partner – Financial Services Regulatory
d +65 6416 2794
e jiahui.chan@wongpartnership.com
Click here to view Jia Hui’s CV.