Report
Singapore's Future of Finance Institute begins operations with an AI focus
MAS named AI office head Alan Lim interim CEO as the institute works to support safe AI adoption in finance.
TLDR
The institute began operating on November 3, the Monetary Authority of Singapore said. It will bring financial institutions together to share practical experience with AI, develop good practices for deploying AI agents and strengthen risk management. Lim, who also heads MAS’ financial infrastructure and AI office, will lead its strategy and operations as it builds programs and partnerships.
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