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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: e98dfb4f332eb41f77d6258f9ba2395daa1a38c1c04d128ab098cb708cf1ff32

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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