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MAS Technology Risk Management Guidelines 2021

These guidelines require financial institutions in Singapore to establish a robust technology risk management framework, governance, and oversight to…

What MAS Technology Risk Management Guidelines 2021 requires

These guidelines require financial institutions in Singapore to establish a robust technology risk management framework, governance, and oversight to ensure the security and resilience of their IT systems. As per Section 4, the Board of Directors and Senior Management are ultimately responsible for the institution's technology risk management.

Pillar: Banking & Global Finance · Authority: Monetary Authority of Singapore (MAS) · Version: 1.0.0 · Last updated:

Primary source: https://www.mas.gov.sg/regulation/guidelines/technology-risk-management-guidelines

SHA-256 integrity: a6d2e1cac02d545411e842c24c8d81e1524133a15098566d1a42c51c01f29ef9

Primary Citations — 7 traced to source

  • MAS Technology Risk Management Guidelines, Section 4: Technology Risk Governance and Oversight
  • MAS Technology Risk Management Guidelines, Section 5: Technology Risk Management Framework

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