MAS + Industry Consortium · 2024
MAS MindForge — AI Risk
MAS-coordinated industry consortium translating Veritas FEAT principles into operational AI risk controls for Singapore FIs.
Scope
Who must comply
FIs deploying AI / Gen-AI
Key controls & obligations
The control catalogue
- 01AI governance framework
- 02Data quality & lineage
- 03Model risk management
- 04Bias & fairness testing
- 05Cybersecurity of AI systems
- 06Third-party AI vendor due diligence
- 07Veritas FEAT principles alignment
Educational disclaimer
RiskPedia content is for educational purposes only. Not legal or regulatory advice. Refer to the MAS + Industry Consortium for binding text.