MAS proposes to expand the scope of FIs and employees subject to the mandatory reference checking regime. FIs will have to maintain records for all employees.
May 17, 2021Some jurisdictions have regulatory requirements for critical systems of trading venues that do not extend to outsourced functions.
May 8, 2021The review will seek to understand the events leading up to the breach, assess the appropriateness of the RBNZ's response, and identify factors that contributed to the breach.
February 1, 2021The legally binding cyber hygiene requirements must be implemented by all MAS regulated financial institutions by 6 August 2020.
August 7, 2019The updated guide offers best practices to ensure resiliency and recoverability while maximising the benefits FIs derive from cloud outsourcing arrangements, including for 'critical systems'.
August 5, 2019