SINGAPORE, July 27 (Xinhua) -- The Monetary Authority of Singapore (MAS) on Wednesday issued new Guidelines on Outsourcing Risk Management to financial institutions following extensive industry and public consultation. The newly issued guidelines provide expanded guidance to the industry on prudent risk ...
『MAS Guidelines on Outsourcing Risk Management』が発行されてまもなく、シンガポールでビジネスを行う地方銀行および外国の銀行 (他の金融機関は対象ではない) の利害を代表する非営利組織 ABS は、法的拘束力のない実務ガイド「クラウド コンピューティングの実装』を発表しました。 これは...
With the rising numbers and scale of cyberattacks, theMonetary Authority of Singapore (MAS) revised its technology risk management (TRM) guidelines on January 18, 2021. The TRM guidelines apply to all FIs that MAS regulates, ranging from large ones like banks, insurers and exchanges...
MAS Consults on Proposed Notice on Technology Risk Management and Technology Risk Management GuidelinesStephanie MagnusKen Chia
The Guidelines build on MAS’ existing supervisory guidance to FI and focus on FI’s internal strategic planning and risk management processes to prepare for both risks and potential changes in business models associated with the transition. While the underlying risk principles are similar, the Guidel...
1.2 O&M Scenarios Table 1-1 describes O&M scenarios and guidelines for O&M personnel after software has been installed and initial services are running properly.Issue 01 (2024-12-31) Copyright © Huawei Cloud Computing Technologies Co., Ltd. 1 Multi-Site High Availability Service (MAS)...
Your agreement with Atlassian governs the terms of use for Atlassian’s products and services, however, we have also provided guidance on how we assist MAS supervised financial institutions in considering the Technology Risk Management Guidelines. If you would like to understand how these guidelines ...
The Microsoft response to the MAS Guidelinesfocuses on MAS recommendations for prudent risk management practices for outsourcing. It describes point by point how Microsoft has the right policies, processes, and tools to help you evaluate the risks, provides checklists to help you assess our business...
These expectations have been articulated in our Guidelines on Business Continuity Management. MAS will be taking two key steps to further sharpen FIs' focus on resilience of service delivery.First, we will consult on enhancing the requirements set out in MAS' Notice on Technology Risk Management. ...
The Outsourcing guidelines will fundamentally aim to change the way financial institutions evaluate their outsourcing arrangement to protect themselves and their customer information, from financial and reputational damage or loss.The changes to the regulation influence all financial institutions on a global ...