Policy
Page 12.

MAS and Industry Partners Set Guardrails for AI Agents With New SAFR Framework
MAS has backed a new industry framework called SAFR that sets runtime guardrails for AI agents in financial systems, requiring human review checkpoints and full audit trails before autonomous actions are executed. The framework positions Singapore as a leader in agentic AI governance for the financial sector.

Singapore Strengthens Cyber Defences Against AI-Powered Threats
Singapores Cyber Security Agency has outlined new initiatives to strengthen national cyber resilience as AI reshapes the threat landscape, covering critical infrastructure protection, scam prevention, and quantum readiness.

MAS Proposes New SAFR Framework to Govern AI Agents in Finance
The Monetary Authority of Singapore has proposed a new framework to govern the use of AI agents in financial services, citing the need for real-time safeguards as autonomous systems operate faster than humans can intervene.

Christian Wolfrum named new executive chairman of AI Singapore as founding chief Ho Teck Hua steps down
NTU provost Christian Wolfrum has taken the helm as executive chairman of AI Singapore (AISG), the national programme driving the city-state's AI research and industry adoption.

A*STAR Merges Two Research Institutes to Form New AI Hub
A*STAR has launched the Institute of Advanced Intelligence and Computing (IAIC) by merging the Institute for Infocomm Research and the Institute of High Performance Computing, consolidating Singapore's government AI research under one roof.

MSF Invests S$15M in AI Tools to Identify At-Risk Families Earlier
Singapore's MSF is investing S$15 million over three years to deploy AI tools that identify at-risk families earlier and reduce social workers' admin burden by at least 50 per cent.

AI Without Guardrails Is a Losing Bet, Singapore Bank Leaders Warn
Bank executives at the Asian Banking & Finance and Insurance Asia Summit in Singapore warned that governance, leadership and human oversight will determine whether financial institutions can scale AI safely and effectively.

Singapore Police Seize $55M Bungalow in AI Chip Probe
Singapore police have seized a S$55 million luxury bungalow and filed fresh fraud charges in an escalating investigation into the alleged smuggling of advanced Nvidia AI chips — one of the most significant export-control enforcement actions to originate from the city-state.

A*STAR Launches New Institute of Advanced Intelligence and Computing
Singapore's Agency for Science, Technology and Research launched the A*STAR Institute of Advanced Intelligence and Computing on Wednesday, consolidating capabilities in AI, quantum technologies, high-performance computing, and digital technologies under one roof.

NTU Provost Christian Wolfrum Takes the Helm at AI Singapore
Professor Christian Wolfrum, NTU's Deputy President and Provost, officially became Executive Chairman of AI Singapore on July 1, succeeding founding chairman Professor Ho Teck Hua who led the national programme since its inception in 2017.

AI Governance Failures Threaten Bank Returns as Singapore Lenders Scale Automation
Bank executives warned at the Asian Banking & Finance Summit on July 1 that poor AI governance — not technology limitations — poses the greatest risk to returns on AI investment in the financial sector.

CSA Unveils Initiatives to Strengthen Singapore's Cyber Defences Against AI Threats
Singapore's Cyber Security Agency has released its Singapore Cyber Landscape 2025/2026 report outlining sweeping measures to strengthen national cyber resilience against an increasingly AI-driven threat landscape, where agentic AI is compressing cyber attacks from days into hours and ransomware continues to hit SMEs disproportionately.