Regulatory Alerts2024-05-09
Added
Cancellation of Technology Risk Management and Cyber Hygiene Notices 2024
The Monetary Authority of Singapore issued this notice on 9 May 2024 to cancel six specific regulatory notices regarding technology risk management and cyber hygiene. The cancelled instruments include MAS Notices 644, 655, 644A, 655A, 1114, and 1118, which were originally issued under the Banking Act 1970. These cancellations take effect on 10 May 2024, removing the previous regulatory requirements established by these specific notices.
MAS Notices 644, 655, 644A, 655A, 1114, 1118 (Cancellation) 2024 Issue Date: 9 May 2024 CANCELLATION OF NOTICES ON TECHNOLOGY RISK MANAGEMENT AND ON CYBER HYGIENE ISSUED UNDER THE BANKING ACT 1970
- This Notice is issued under sections 55(1), 57D(1)(a) and (3) and 55(1) as applied by section 55ZJ(1) of the Banking Act 1970.
- The following Notices are cancelled with effect from 10 May 2024: (a) MAS Notice 644 “Notice on Technology Risk Management” dated 21 June 2013; (b) MAS Notice 655 “Notice on Cyber Hygiene” dated 6 August 2019; (c) MAS Notice 644A “Notice on Technology Risk Management” dated 21 June 2013; (d) MAS Notice 655A “Notice on Cyber Hygiene” dated 6 August 2019; (e) MAS Notice 1114 “Notice on Technology Risk Management” dated 1 July 2021; (f) MAS Notice 1118 “Notice on Cyber Hygiene” dated 1 July 2021.
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