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Overview National International All initiatives

National AI Programme in Finance

https://www.mas.gov.sg/news/media-releases/2021/national-programme-to-deepen-ai-capabilities-in-financial-services
Added by:   National contact point
Added on:   09 Jul 2025
Updated by:   OECD analyst
Updated on:   09 Jul 2025
The National AI Programme in Finance aims to build deep AI capabilities within Singapore's financial sector to strengthen customer service, risk management, and business competitiveness.

Name in original language

National AI Programme in Finance

Initiative overview

The initiative has the following objectives:To increase productivity through the adoption of AI.To create new jobs through increased AI innovation activities and upskilling in AI-related competencies.To improve societal acceptance of AI through sound AI governance.

Name of responsible organisation (in English)

Monetary Authority of Singapore (MAS)

AI Tags

ProductivityAI CapabilitiesRiskAI-enabling Ecosystem

About the policy initiative

Singapore
Singapore

Organisation:

  • Monetary Authority of Singapore (MAS)

Category:

  • National – AI policy initiatives, regulations, guidelines, standards and programmes or projects

Initiative type:

  • Public procurement programmes

Participating organisations:

—

Participating countries:

—

Status:

  • Active

Start Year:

  • 2021

Binding:

  • Non-binding

Other relevant urls:

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