Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 187

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 187
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2021 for general information purposes, to provide the various stakeholders, which includes autonomous mobile robot manufacturers, mall operators, retailers, logistics providers, infrastructure owners, with guidelines to be able to integrate autonomous mobile robots into their operations, and within the wider ecosystem of the commercial building. The guidelines also provide recommendations to ensure safety in the deployment of such autonomous mobile robots in commercial buildings. Guidelines on Artificial Intelligence [At present, Singapore does not have any specific regulation on artificial intelligence. The current approach taken is a prescriptive model, which consists of guidelines and non -bindingframeworks for organizations to adopt. The Model Artificial Intelligence Governance Framework (First Edition) was released at the 2019 World Economic Forum 118 Annual Meeting. On 21 January 2020, the Personal Data Protection Commission released the Model AI Governance Framework (Second Edition) (the “2020 Framework”) at the 2020 World Economic Forum Annual Meeting, which includes additional considerations and refines the original model framework for greater relevance and usability. The underlying guiding principles are (i) decisions made by artificial intelligence should be explainable, transparent and fair, (ii) artificial intelligence should be human -centric. The Model Artificial Intelligence Governance Frameworks provide guidance on (i) internal governance structures and measures, (ii) determining the level of human involvement in artificial intelligence augmented decision making, (iii) operations management, and (iv) stakeholder interaction and communication, with an aim to translate ethical principles into practical recommendations that organizations may readily adopt to deploy artificial intelligence responsibly. In light of recent advances in generative artificial intelligence, the AI Verify Foundation and Infocomm Media Development Authority of Singapore have also developed a draft Model AI Governance Framework for Generative AI (the “2024 Framework”), which seeks to expand on the 2020 Framework by addressing new issues that have emerged from generative artificial intelligence and providing guidance on suggested practices for safety evaluation of generative artificial intelligence models.] Regulations on Data Protection and Information Security While the Personal Data Protection Act 2012 of Singapore (“PDPA”) does not single out artificial intelligence, it lays out a data protection framework on the collection, use and disclosure of personal data by organizations in Singapore to safeguard personal data, buttress public trust in the digital economy and spark data innovation. The PDPA is administered and enforced by the regulator, the Personal Data Protection Commission. It sets out data protection obligations which all organizations are required to comply with in undertaking activities relating to the collection, use or disclosure of personal data. A failure to comply with any of the