Text size

MAS loosens requirements for “material outsourcing arrangements”, introduces cloud computing guidelines

The Monetary Authority of Singapore (MAS) has loosened rules to speed up financial institutions’ (FI) outsourcing arrangements and, for the first time, issued cloud computing guidelines. According to the watchdog, FIs are no longer expected to “pre-notify [the regulator] of material outsourcing arrangements”, a definition that includes middle and back office operations, document processing, investment management and others. In a…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].

Have a confidential tip? Get in touch [email protected]