Notice 126 Enterprise Risk Management (“ERM”) for Insurers
Enterprise risk management (ERM) requirements and guidelines for licensed insurers.
The guidelines set out risk management principles and best practices to guide financial institutions to establish sound and robust technology risk governance and oversight, as well as maintain IT and cyber resilience.
Resources:
Enterprise risk management (ERM) requirements and guidelines for licensed insurers.
Requirements and guidelines on enterprise risk management for designated financial holding companies that has a subsidiary that is a licensed insurer incorporated, formed or established in Singapore (“DFHC (Licensed Insurer”)).
Notice issued under the Payment Services Act 2019 that set out requirements on technology risk management.
When to report suspicious activities and incidents of fraud.
Information paper outlining MAS' key observations from a review of the industry’s Own Risk and Solvency Assessment (ORSA) reports, with the aim of guiding insurers towards improving their respective ORSAs.
Provides guidance to financial institutions operating online trading platforms on the use of Two-factor authentication to protect online customer accounts against unauthorised access.
Requirements on technology risk management for capital markets entities.
Requirements on technology risk management for insurance brokers.
Requirements on technology risk management for financial advisers.
Requirements on technology risk management for trust companies.
Requirements on technology risk management for insurers.
Requirements on technology risk management for credit card or charge card licensees.
Requirements on technology risk management for banks.
Requirements on technology risk management for merchant banks.
Requirements on technology risk management for money brokers.
Requirements on technology risk management for finance companies.
Guidelines on risk management practices to mitigate insurance fraud risk.