SINGAPORE, 20 November 2025 — The 6th ACM International Conference on Artificial Intelligence in Finance (AICIF 2025) convened global leaders in Singapore on 15 November to examine one of the industry’s most urgent topics: cross-border governance of artificial intelligence. At the Industry Leaders Roundtable, experts from regulatory bodies, financial institutions, and academia exchanged perspectives on how AI can be deployed responsibly across global financial systems.
Moderated by Dr Andrzej Gwizdalski, Senior Director at GFTN and Senior Research Fellow at the University of Western Australia, the roundtable brought together a distinguished panel including Mr Kenneth Gay, Chief Fintech Officer at the Monetary Authority of Singapore; Dr Brindha Jeyaraman, Senior Director and Head of the AI Governance Group at UOB; Prof David, Founding Chairman of the Global Fintech Institute (GFI); and Mr Suwandi Wiratno, Chairman of the Indonesian Financial Services Association and President Director of CSUL Financial.
A Shared Agenda for Cross-Border AI Governance
The panel explored how artificial intelligence is reshaping financial infrastructure, particularly at the intersection of regulation, risk, and technological innovation.
- MAS highlighted Singapore’s ongoing work in regulatory technology and digital asset oversight.
- UOB shared practical experience in deploying AI for risk management and compliance.
Across the discussion, speakers reiterated a common theme: the growing convergence of AI and distributed ledger technology is redefining how global markets operate, demanding stronger cross-border coordination and shared ethical frameworks.
GFI’s Ethical Principles for Responsible AI
Speaking on behalf of GFI, Prof David outlined the institute’s four foundational principles for trustworthy AI in finance:
- Appropriate authorisation
- Clear safety boundaries
- Robust risk management
- Human empowerment through technology
He emphasised that AI systems must be designed and governed in ways that strengthen institutional integrity, protect market participants, and uphold public trust.
Digital Solutions for Cross-Border Trade
Prof David also introduced GFI’s work on the DESFT project, a digital framework designed to address long-standing challenges in cross-border trade. By combining AI, digital identity, and secure data exchange standards, DESFT offers a pathway toward more transparent, interoperable, and efficient international financial flows.
About the Global Fintech Institute
The Global Fintech Institute (GFI) is a non-profit organisation that fosters collaboration among regulatory bodies, corporations, and academic institutions. Headquartered in Singapore, GFI addresses challenges in the fintech landscape through research, whitepapers, and thought leadership discussions that shape policy and industry standards.
GFI is dedicated to advancing a more inclusive and sustainable global financial system by supporting fintech standards and best practices. We empower stakeholders to innovate responsibly and integrate effectively with the global financial ecosystem.
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GFI’s core programmes, the Chartered Fintech Professional (CFtP®) and Chartered Fintech Associate (CFtA) certifications, equip professionals with the essential skills needed to navigate industry change and adapt to the rapidly evolving fintech landscape.
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