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MAS Technology Risk Management Guidelines

The Monetary Authority of Singapore (“MAS”) issued a revised Technology Risk Management Guidelines (“Guidelines”) on 18 January 2021. The MAS shared that the revised Guidelines focus on addressing technology and cyber risks by financial institutions (FIs) with the growing use of cloud technologies, application programming interfaces, and rapid software development. …

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Singapore: Fund Management 2021 Outlook

Singapore’s AUM followed the global trend, rising by 15.7% in 2019 to reach S$4.0 trillion (US$2.9 trillion), with traditional sector seeing a strong rebound, registering 25% growth. Source: Singapore Asset Management Survey 2019 Many have focused on cost containment during the pandemic of 2020, fund raising activities in general slowed to a halt …

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Post-pandemic era : Time for agencies to lay groundwork now

I support Prime Minister Lee Hsien Loong’s call to “keep up the virtuous circle of good governance that results in political stability and enables long-term planning” (Keep cycle of good governance and stability going: PM, Nov 9). Visit the link below to read more: The Straits Times: Forum: Time for agencies …