Notices
Notice 506 Notice on Technology Risk Management
Requirements on technology risk management for insurance brokers.
Issued pursuant to:
Applies to:
Registered Insurance Broker
This notice applies to all registered insurance brokers.
It sets out requirements for a high level of reliability, availability and recoverability of critical IT systems and for registered insurance brokers to implement IT controls to protect customer information from unauthorised access or disclosure.
See also:
Amendment Notes
There are no amendment notes for this notice.
Related to this Notice
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FAQsLast Revised Date: 05 May 2023
FAQs - Notice on Technology Risk Management
Frequently asked questions about the Notice on Technology Risk Management.
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GuidelinesPublished Date: 18 January 2021
Guidelines on Risk Management Practices – Technology Risk
Risk management principles and best practice standards to guide financial institutions in managing technology risk.
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Forms and TemplatesPublished Date: 21 June 2013
Incident Reporting Template
Template for financial institutions to report incidents to MAS, including incidents relating to IT systems, cyber security, information loss and liquidity.
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Forms and TemplatesPublished Date: 21 June 2013
Instructions on Incident Notification and Reporting to MAS
Provides guidance to financial institutions on the notification and reporting of incidents to MAS.