The Singlife Connect Plus programme seeks to provide legal and compliance assistance, mentorship, and access to their products and services to eight startups.
Swiss Re contributed to the creation of the toolkit, which is being introduced to help facilitate the appropriate use of artificial intelligence in the financial sector.
The Monetary Authority of Singapore fined Swiss Life and three banks for inadequate anti-money laundering and counter-terrorist financing controls, but found no evidence of willful misconduct.
