On 16 January 2024, the AI Verify Foundation and the Infocomm Media Development Authority (IMDA) published their Proposed Model AI Governance Framework for Generative AI. While it is the third iteration of their Model AI Governance Framework, this version is the first to focus squarely on regulating Generative Artificial Intelligence (Gen AI) models such as Google’s Gemini and OpenAI’s Generative Pre-Trained Transformer (GPT). The rapid mainstreaming of Gen AI models, spurred by the launch of OpenAI’s ChatGPT chatbot in November 2022, is responsible for the so-called “AI boom”. The swift development of Gen AI models consequently led to an increasingly urgent need to regulate AI and guarantee its secure development and use. Several regions have already responded to this need. Last December 2023, the European Union reached a provisional deal on its AI Act. In October 2023, US President Joe Biden signed an executive order to ensure safe AI development in the United States. Still, other countries, like the United Kingdom, have put a hold on their plans to pass legislation out of concerns it could restrict innovation.