Storylines / Organisation
DBS
3 developments involving DBS in 1 country or body. The most recent is Anthropic opens Singapore office and signs AI safety MOU with government, 14 Oct 2026.
KeyStory
- Anthropic opens Singapore office and signs AI safety MOU with government
Under the MOU, Anthropic plans technical exchanges with Singapore’s AI safety, security and assurance institutions on model evaluation, testing standards and incident response, and plans to share research and data with the government.
- MAS and banks publish a generative AI risk framework from Project MindForge
Singapore’s largest banks and cloud providers agreed with the regulator on a shared list of generative AI risks before MAS wrote formal AI rules for the sector.
- MAS-led consortium releases open-source Veritas Toolkit 2.0 for responsible AI in finance
Banks and insurers in Singapore received a free tool to test their AI use cases against the regulator’s FEAT principles, and MAS later built on this work in its AI risk guidelines.