Business Continuity Guidelines Mas
The changes will require financial institutions to put in place enhanced measures to strengthen operational resilience which will take into account.
Business continuity guidelines mas. Monetary authority of singapore subscribe to updates. Regulations guidance and licensing for capital market entities. Guidelines on risk management practices june 2003 business continuity management monetary authority of singapore 1 1 0 introduction 1 1 readiness is your only protection1 1 1 1 the global financial system is a set of interlinked networks of markets systems and participants.
These guidelines were supplemented by additional guidance on pandemic and physical security measures in 2006. These guidelines were supplemented by additional guidance on pandemic and physical security measures in 2006. Addendum to the mas guidelines on business continuity management bcm issued in 2003 providing additional guidance to assist financial institutions in their bcm efforts.
Including business continuity and outsourcing. Addendum to the mas guidelines on business continuity management bcm issued in 2003 providing additional guidance to assist financial institutions in their bcm efforts. The monetary authority of singapore mas has released two consultation papers on proposed changes to its business continuity management guidelines and technology risk management trm guidelines.
Guidelines on risk management practices operational risk. While financial institutions institutions 2 acknowledge the need to strengthen their resilience against. These guidelines set out mas expectations of a financial institution that has an outsourcing arrangement or is planning to outsource its business activities to a service provider.
1 please refer to mas website www mas gov sg for details of the classification of instruments issued by mas. The mas first issued the business continuity management bcm guidelines in 2003. 2 any reference in these uidelines to business activities of an institution is to be construed as a reference to the business and operational functions and processes of the institution.
Find out about the opportunities and plans that mas has to grow your business areas. Guidelines on business continuity management monetary authority of singapore 3 1 preface 1 1 the monetary authority of singapore mas first issued the business continuity management bcm guidelines in 2003. Monetary authority of singapore subscribe to updates.