Is Definition of AIDA legally binding?

Q: Is Definition of AIDA legally binding?

Definition of AIDA is supervisory expectation in Singapore. Not law. It is what your supervisor examines you against, which is not the same as optional. FEAT's scope term: 'AIDA' means artificial intelligence or data analytics - technologies that assist or replace human decision-making. The principles can guide all firms using AIDA to provide financial products and services, calibrated by materiality of the AIDA-driven decisions.

ConceptSupervisory expectation

Definition of AIDA

Is this legally binding?

Supervisory expectation. Not law. It is what your supervisor examines you against, which is not the same as optional.

FEAT's scope term: 'AIDA' means artificial intelligence or data analytics - technologies that assist or replace human decision-making. The principles can guide all firms using AIDA to provide financial products and services, calibrated by materiality of the AIDA-driven decisions.

From the source
““AIDA” refers to artificial intelligence or data analytics, which are defined as technologies that assist or replace human decision-making.”
Section 3 Scope and Definitions, para 3.3, p.5

mas.gov.sg Show it on the map

What this connects to

1 relations. Official relations are the ones the source documents state; anything marked GAGE analysis is our reading, not an agency's.

Cites1

InstrumentPrinciples to Promote Fairness, Ethics, Accountability and Transparency (FEAT) in the Use of AI and Data Analytics in Singapore's Financial SectorSupervisory expectation
Definition in FEAT Section 3

Verified against the official source on 2026-08-17. GAGE is not affiliated with or endorsed by any agency named here, and nothing on this page is legal advice. How this is built and checked.