Singapore: MAS Revises Technology Risk Management Guidelines
By EsqSocial Corporation 01/02/21
The guidelines aim to promote the adoption of robust practices for managing technology risks in the financial sector. On 18 January 2021, the Monetary Authority of Singapore (the MAS) issued revised guidelines (the Guidelines) to take into account the fast-changing cyber threat landscape and financial institutions’ increased reliance on cloud technologies, application programming interfaces (APIs), and rapid software development....
By: Latham & Watkins LLP