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Investment Banking × Finance — Singapore · published 2026-05-28 · methodology v2.1

AI Hallucinations Affecting Finance at Investment Banking Firms in Singapore

Findings — impact summary

This is the consolidated view of findings. Click 'see details →' on any item for the full details for each finding.

  1. Finding 1. Annex 6C content under MAS Notice 637

    A Finance team relying on this AI response could incorrectly document the scope of Annex 6C within its internal prudent valuation policy, its AVA methodology note, or training materials used to onboard staff on MAS Notice 637 requirements. If the actual content of Annex 6C differs from the AI's characterisation, those internal documents would misstate the applicable regulatory framework — a finding that MAS supervisors could identify during a thematic review or model governance examination. Remediation would require the firm to re-issue affected policies, retrain relevant staff, and potentially explain to MAS how the error arose, all of which carry direct operational cost and reputational risk with the regulator.

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