
ISO/IEC 42001:2023 – World's first AI Management System standard
ISO/IEC 42001:2023 is the international standard for Artificial Intelligence Management Systems (AIMS). In Singapore, it is increasingly mandated by enterprise procurement, aligned with IMDA's AI Verify framework, required by MAS AI Risk Management Guidelines (finalised 2026), and the foundation for CSA's Cyber Trust Mark AI security pillar. ICFC — Singapore's first dedicated ISO 42001 consultancy — delivers AIMS audit, consultation, and training with EDG grant management built in.
ISO 42001 published
Typical implementation
EDG grant co-funding
Industries served SG
What is ISO 42001 AIMS? Singapore's AI governance standard
ISO/IEC 42001:2023 provides a framework for organisations to establish policies and processes for the responsible development, provision, and use of AI systems — covering governance, risk management, transparency, human oversight, and ethical AI across the entire AI lifecycle. Singapore has nationally adopted ISO 42001 as SS ISO/IEC 42001:2024. The Singapore Accreditation Council (SAC) launched its ISO/IEC 42001 AIMS accreditation programme in early 2025.
AIMS Audit Services
Gap analysis, Stage 1 & 2 audits, pre-certification, surveillance.
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Full implementation, ISO 27001 integration, MAS AI alignment, EDG grant managed.
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Lead Auditor (PECB pathway), Internal Auditor, Implementer, Board governance.
Explore training →EDG / MASA grant — up to 50% co-funding for ISO 42001 consultation
Enterprise Singapore's EDG covers up to 50% of qualifying ISO 42001 consultation fees for eligible Singapore SMEs.
Check grant eligibility →Frequently asked questions — ISO 42001 AIMS
Why Singapore AI companies must act now — 2026 tipping point
MAS AI Risk Management Guidelines finalised 2026; CTM AI Security Pillar new mandatory controls; EU AI Act high-risk enforcement August 2025.
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Free 30-minute AI governance assessment. Honest gap analysis of your AI systems against ISO 42001:2023.
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Find answers about ISO 42001 certification, Singapore AI governance, timelines, costs, and EDG grant eligibility.
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ISO 42001 AIMS certification — Singapore's first dedicated consultancy. Start your AI governance journey today →