The Monetary Authority of Singapore (MAS) has issued a consultation paper on 13 November 2025 proposing Guidelines on Artificial Intelligence Risk Management to enhance the management of artificial intelligence risks in financial institutions and to set out MAS’ supervisory expectations relating to AI risk management in the financial sector.
This consultation demonstrates MAS’s awareness and recognition of the increased dependence of FIs on AI. The proposed guidelines are generally less prescriptive than the EU’s AI Act, but they do contain detailed controls which FIs must adopt in order to manage their AI risk, and so (if enacted) are likely to require major compliance uplift exercises for FIs in Singapore.
The consultation process is ongoing and closes on 31 January 2026.
Read more in our latest client alert.
For further information, please contact:
Peiying Chua Heikes, Partner, Linklaters
peiying.chua@linklaters.com
