Risk management principles and best practice standards to guide financial institutions in managing technology risk.
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.
- 01 Jul 2014
- MAS Notice 644A dated 21 June 2013 takes effect.