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MAS Compliance 101: Key Regulations for Financial Institutions in Singapore
By Katrina Thompson on Tue, 03/25/2025
The Monetary Authority of Singapore (MAS) is both the central bank and chief financial regulator of Singapore. As such, they publish best practices (“Guidelines”) and legally binding regulations (“Notices”) regarding technology risk management and cyber hygiene. Mandatory requirements include:Notice on Technology Risk Management (FSM N21)Notice on Cyber Hygiene (FSM N22)Notice on Management of...