T&S Asset Management

Lesson 9 of 10

Fairness, explanations and the rules

A score decides who gets credit and on what terms, so it has to be fair, explainable and lawful. Regulators approach this in different ways: principles and assessment methods in Singapore, notice requirements in the United States, and duties for high-risk AI in the European Union. Leaving sensitive data out of a model does not settle the question.

Published 12 October 2026 Members

In this lesson

  • Why fairness has to be measured
  • Singapore: the FEAT principles and Veritas
  • The United States: telling applicants why
  • The European Union: credit scoring as high-risk AI
  • A practical checklist