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- MAS
- Speeches
Last revised date:
- standards and I would strongly encourage all managers to make use of the Notice to implement cyber security best practices.
- McKinsey & Co, "How COVID-19 has pushed companies over the technology tipping point—and transformed business forever" (Oct 2020) • Technology is rapidly re-shaping the provision of financial services, with: o Online securities crowdfunding platforms intermediating share placements and disintermediating
- In ensuring that technology and cyber security practices are in line with the revised Technology Risk Management Guidelines that MAS issued last year, asset managers should bear two things in mind: • One, the board of directors and senior management should possess the relevant knowledge to understand
- PDPC
- Public Consultations
Last revised date:
- Our members are professionals from the areas of Governance, Assurance, Risk & Compliance and Cyber Security. ISACA has 4 renowned certifications in Information Security.
- That is CISA (Certified Information Systems Auditor), CISM (Certified Information Security Manager), CRISC (Certified in Risk and Information System Control) and CGEIT (Certified in Governance of Enterprise IT).
- Consider working with sectorial regulators as deputy commissioner, like that proposed in the CSA Cyber Security Bill. To which, an organization’s point of contact is kept to one and regulatory bodies work together on the backend.
- MAS
- Speeches
Last revised date:
- High security. The central platform leverages on the strong security and risk mitigation protocols built into national faster payment system.
- For example: Security. How do we get multiple central banks to share a common platform and mitigate national security concerns associated with sharing critical infrastructure? Access. Who should participate in such a shared platform?
- Securely-backed stablecoins or tokenised bank deposits issued by private sector players can also be used to enable cheaper and faster cross-border payment and settlement.
- MAS
- Enforcement Actions
Last revised date:
- Advisers Act (FAA); and (ii) taking part in the management of, acting as a director of, or becoming a substantial shareholder of any capital market and financial advisory services firm under the SFA and FAA The POs against Ms Tang were issued under section 101A of the SFA and section 59 of the FAA.
- The ban against the three individuals took effect from 5 April 2019. 20-year POs issued against Ms Emeline Tang Wei Leng 3 Ms Tang is prohibited for a period of 20 years from (i) providing any capital markets and financial advisory services under the Securities and Futures Act (SFA) and the Financial
- MAS
- Media Releases
Last revised date:
- it from engaging in securities lending or repurchase transactions.
- SFA 04-N12 (193.8 KB) ] and the Notice on Recommendations on Investment Products [ Notice No.
- Collective Investment Schemes and Investment-Linked Life Insurance Policies 6 All CIS, including those with a mandate to invest in EIPs, are currently classified as SIPs since they may undertake activities such as securities lending or investing in derivatives to achieve their mandate.
- MAS
- Media Releases
Last revised date:
- We will ensure that digital banking remains secure, efficient, and trusted.” 8.
- Mr Wee Ee Cheong, Chairman of The Association of Banks in Singapore said, “As an industry, we have always focused on the need to ensure robust security measures while meeting customers’ expectations for convenient and swift services.
- Singapore, 19 January 2022… The Monetary Authority of Singapore (MAS) and the Association of Banks in Singapore (ABS) are introducing a set of additional measures to bolster the security of digital banking, in view of the recent spate of SMS-phishing scams targeting bank customers. 2.
- MAS
- Notices
Last revised date:
- incident means an event that involves a security breach, such as hacking of, intrusion into, or denial of service attack on, a critical system, or a system which compromises the security, integrity or confidentiality of relevant person information; processes transactions that are time
- critical; or provides essential services to relevant persons; relevant incident means a system malfunction or IT security incident, which has a severe and widespread impact on the licensed credit bureaus operations or materially impacts the licensed credit bureaus service to relevant persons;
- relation to a licensed credit bureau, means a system, the failure of which will cause significant disruption to the operations of the licensed credit bureau or materially impact the licensed credit bureaus service to a relevant person, such as a system which (a) (b) IT security
- MAS
- Media Releases
Last revised date:
- Advisers Act (FAA); and (ii) taking part in the management of, acting as a director of, or becoming a substantial shareholder of any capital market and financial advisory services firm under the SFA and FAA The POs against Ms Tang were issued under section 101A of the SFA and section 59 of the FAA.
- The ban against the three individuals took effect from 5 April 2019. 20-year POs issued against Ms Emeline Tang Wei Leng 3 Ms Tang is prohibited for a period of 20 years from (i) providing any capital markets and financial advisory services under the Securities and Futures Act (SFA) and the Financial
- PDPC
Last revised date:
- Usage of security cameras for monitoring of internal and external perimeters of secure areas such as data centres and server rooms. -------- 8 DATA BREACH MANAGEMENT PLAN Planning to manage a data breach is best done early.
- • Were audits regularly conducted on both physical and IT-related security measures? Were the action items from the audits remediated?
- • Were the methods for accessing and transmitting personal data sufficiently secure (e.g. access only limited to authorised personnel)?
- MAS
- Consultations
Last revised date:
- This Notice is issued pursuant to section 9(4) of the Securities and Futures Act (SFA) and applies to all recognised market operators formed or incorporated in Singapore (Specified RMOs). 1.2.
- General comments InvestaX is a digital securities platform based in Singapore offering end-to-end solutions of the issuance, trading and custody of digital securities for private markets, including real estate, private equity and other alternative investments.
- Ltd., - Phillip Securities Pte. Ltd., - Fundnel Pte. Ltd. Response from Respondent General comments None.