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MAS's Future of Finance Institute has begun operations with an AI focus

MAS's Future of Finance Institute has begun operations with an AI focus

The Monetary Authority of Singapore (MAS) announced that its Future of Finance Institute (FFI) has begun operations. The institute will initially focus on AI through three programmes, PathFin.ai, BuildFin.ai and SafeFin.ai, covering knowledge sharing, AI deployment and risk management, particularly for agentic AI. MAS has appointed Alan Lim as interim chief executive.

NoteFor banks and insurers, the institute is a new forum for AI adoption, and its agentic AI work builds on a safeguards framework MAS developed with industry partners.

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