Is Maintain SOPs to monitor and manage AI risks legally binding?

Q: Is Maintain SOPs to monitor and manage AI risks legally binding?

Maintain SOPs to monitor and manage AI risks is guidance in Singapore. Voluntary guidance. Best practice, not obligation, until a contract or a regulator cites it. Organisations should put in place standard operating procedures and internal controls to monitor and manage the risks of AI deployment, including monitoring, documentation and periodic review of deployed models.

ObligationGuidance

Maintain SOPs to monitor and manage AI risks

Is this legally binding?

Guidance. Voluntary guidance. Best practice, not obligation, until a contract or a regulator cites it.

Organisations should put in place standard operating procedures and internal controls to monitor and manage the risks of AI deployment, including monitoring, documentation and periodic review of deployed models.

From the source
“SOPs to monitor and manage risks”
Summary of the Model AI Governance Framework (Compendium Vol 2), p.4

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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.

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SectionArea 1: Internal Governance Structures and MeasuresGuidance

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