Notices
 Published Date: 09 May 2024

Notice FSM-N03 Technology Risk Management

Requirements on technology risk management for licensed insurers other than captive insurers and marine mutual insurers.
Issued pursuant to: Financial Services and Markets Act 2022
Applies to: Direct Insurer (Life) , Direct Insurer (General) , Direct Insurer (Composite) , Reinsurer (Life) , Reinsurer (General) , Reinsurer (Composite)
View Notice Notice FSM-N03 Technology Risk Management (67.7 KB)

 

This Notice sets out requirements for a high level of reliability, availability and recoverability of critical IT systems and to implement IT controls to protect customer information from unauthorised access or disclosure.


Amendment Notes

09 May 2024
MAS Notice FSM-N03 (67.7 KB) is effective from 10 May 2024.

Resources

Instructions on Incident Notification and Reporting to MAS

Incident Reporting Template