Notices
Notice PSN05 Technology Risk Management
Notice issued under the Payment Services Act 2019 that set out requirements on technology risk management.
Issued pursuant to:
Payment Services Act 2019 (Act 2 of 2019) section 102(1)
It sets out requirements for a high level of reliability, availability and recoverability of critical IT systems and for such entities 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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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.
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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
- Status:
- Responded