Notice 644A Technology Risk Management
Requirements on technology risk management for credit card or charge card licensees.
This notice applies to all credit card and charge card licensees in Singapore. It sets out requirements for a high level of reliability, availability and recoverability of critical IT systems, and for credit card and charge card licensees to implement IT controls to protect customer information from unauthorised access or disclosure.
See also:
Amendment Notes
- 01 Jul 2014
- MAS Notice 644A dated 21 June 2013 takes effect.
Related to this Notice
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Forms and TemplatesLast Revised Date: 02 October 2023
Incident Reporting Template
Template for financial institutions to report incidents to MAS, including incidents relating to IT systems, cyber attacks, information loss and liquidity.
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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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CircularsPublished Date: 27 July 2016
SRD TR 01/2016: MAS Circular (Cancellation) 2016
Informs financial institutions that MAS Circular SRD TR01/2011 on Information Technology Outsourcing has been superseded and cancelled by the Guidelines on Outsourcing dated 27 July 2016.
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CircularsPublished Date: 21 August 2013
SRD TR 02/2013: MAS Circular (Cancellation) 2013
Informs all financial institutions of the circulars that have been superseded and cancelled by the Technology Risk Management Guidelines dated 21 June 2013.
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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.
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ConsultationsPublished Date: 13 June 2012
Consultation Paper on Notice on Technology Risk Management
- Consultation number:
- P013 - 2012
- Start date:
- 13 June 2012
- Closing date:
- 16 July 2012
- MAS response date:
- 16 July 2012