Global AI Initiative Database

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Overview National International All initiatives

Veritas Initiative

https://www.mas.gov.sg/schemes-and-initiatives/veritas
Added by:   National contact point
Added on:   09 Jul 2025
Updated by:   OECD analyst
Updated on:   09 Jul 2025
Veritas aims to enable financial institutions to evaluate their AIDA-driven solutions against the principles of fairness, ethics, accountability and transparency (FEAT) that the Monetary Authority of Singapore (MAS) co-created with the financial industry in late 2018 to strengthen internal governance around the application of AI and the management and use of data.

Name in original language

Veritas Initiative

Initiative overview

To be determined

Name of responsible organisation (in English)

Monetary Authority of Singapore (MAS)

AI Tags

DataAI SafetyAccountabilityAI ClassificationSustainable DevelopmentTrustworthy AI

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:

  • Principles/guidelines/frameworks for trustworthy AI

Participating organisations:

—

Participating countries:

—

Status:

  • Inactive – initiative complete

Start Year:

  • 2023

Binding:

  • Non-binding

Other relevant urls:

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