Monetary Authority of Singapore Annual Report 2012/2013
Anchor of Economy

During the year, we introduced department self-assessments as a structured process for departments to identify, assess and prioritise their risks, and review the adequacy of controls that are in place. We also revised our information security policies to enhance safeguards for the handling of classified information. To ensure that MAS’ business continuity management (BCM) continues to be effective, we conducted a mobilisation exercise in November 2012 to validate our internal recovery processes. We also introduced an interactive e-learning module, known as the iBCM to deepen staff’s knowledge and awareness of BCM issues and procedures.