Monetary Authority of Singapore Annual Report 2012/2013
Serving the Public

ENGAGING THE INDUSTRY

Enhancing Physical Security of the Financial Industry

MAS continued to work with the financial industry through the Financial District Security Programme (FDSP) to enhance their physical security, crime prevention and business resilience measures. FDSP members assessed their financial institutions against the baseline physical security guidelines developed in 2011. A self-assessment checklist was also developed to facilitate the industry’s understanding and adoption of these guidelines. To strengthen crisis coordination and response, members validated the contingency preparedness and response framework as part of an evacuation exercise at the Marina Bay Financial Centre. Members also engaged critical service providers to understand their resilience and business continuity plans, so that continuity planning and responses by financial institutions and service providers can be enhanced.