The collaboration will enable MAS will develop its own generative AI capabilities and "inspire greater adoption" of the technology in the financial sector.
June 1, 2023US Treasury and MAS tested information exchange protocols and incident response coordination for cyber incidents involving banks operating in both jurisdictions.
May 3, 2023The joint exercise "fully confirmed" the ability of the MAS, BdF and ACPR to exchange and share information efficiently in times of crisis.
June 20, 2022CSAP members cite poor risk culture as a frequent contributing factor during cyber incidents, highlighting that clear expectations must be set at the board and senior management level.
October 1, 2019The legally binding cyber hygiene requirements must be implemented by all MAS regulated financial institutions by 6 August 2020.
August 7, 2019