Regulatory Alerts2024-05-09
Added
Cancellation of MAS Notices 127, 132, 506, and 507 on Technology Risk Management and Cyber Hygiene
The Monetary Authority of Singapore issued this notice under section 154(4) of the Insurance Act 1966 to formally revoke four previous regulatory instruments. MAS Notice 127 and MAS Notice 506, both concerning Technology Risk Management, are cancelled effective 10 May 2024. Additionally, MAS Notice 132 and MAS Notice 507, which addressed Cyber Hygiene, are simultaneously repealed on the same date.
MAS Notices 127, 132, 506, 507 (Cancellation) 2024 Issue Date: 9 May 2024 CANCELLATION OF NOTICES ON TECHNOLOGY RISK MANAGEMENT AND ON CYBER HYGIENE ISSUED UNDER THE INSURANCE ACT 1966
- This Notice is issued under section 154(4) of the Insurance Act 1966.
- The following Notices are cancelled with effect from 10 May 2024: (a) MAS Notice 127 “Notice on Technology Risk Management” dated 21 June 2013; (b) MAS Notice 132 “Notice on Cyber Hygiene” dated 6 August 2019; (c) MAS Notice 506 “Notice on Technology Risk Management” dated 21 June 2013; (d) MAS Notice 507 “Notice on Cyber Hygiene” dated 6 August 2019.
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