ONE MAS: INTEGRATED AND

COHESIVE

  • RISK MANAGEMENT AND BUSINESS CONTINUITY

RISK MANAGEMENT AND BUSINESS CONTINUITY

During the year, the Risk Management Department (RiMD) continued to work with MAS departments on their self-assessments, a structured process where departments identify, assess and prioritise their risks, and review the adequacy of controls that are in place. RiMD continued efforts to promote and enhance the risk awareness of staff and foster a vigilant risk culture in MAS.

To strengthen MAS' business continuity preparedness, MAS worked closely with relevant government agencies to review its pandemic flu plan to take into account changes to the national pandemic planning assumptions. MAS also enhanced its haze management plan to cater to more severe haze conditions should these arise.