Risk management principles and best practice standards to guide financial institutions in managing technology risk.
Notice TCA-N05 Technology Risk Management
Requirements on technology risk management for trust companies.
This notice applies to all trust companies in Singapore. It sets out requirements for a high level of reliability, availability and recoverability of critical IT systems and for trust companies to implement IT controls to protect customer information from unauthorised access or disclosure.
- 01 Jul 2014
- MAS Notice TCA-N05 takes effect.