Tag Archives: MAS

Are Singapore’s Monetary Authority’s proposed outsourcing rules clear enough?

The Monetary Authority of Singapore  (“MAS“) is consulting on a new notice and guidelines on outsourcing. Having already commented on its positive message for cloud services, this post addresses the rest of the consultation. In summary, we think: MAS’s proposals are generally positive and helpful. However, … Continue reading

Posted in ASEAN, Outsourcing, Regulatory action, Singapore, Technology | Tagged , , ,

MAS Embraces Cloud: A Silver Lining

There should be relief at the moment felt by financial institutions and cloud service providers alike, following the release of the MAS’s consultation on the proposed new outsourcing notice and updated guidelines as mentioned in Rob’s previous post. The MAS doesn’t … Continue reading

Posted in ASEAN, Government policy, Hardware, Outsourcing, Regulatory action, Services, Singapore, Software, Technology | Tagged , ,

Monetary Authority of Singapore publishes consultation on revising outsourcing guidelines

On Friday 5 September, the Monetary Authority of Singapore (which regulates financial institutions in Singapore) published a consultation on revising its existing guidelines on outsourcing. Responses are due by the 7th October.  

Posted in Outsourcing, Payment, Regulatory action, Singapore, Technology | Tagged , | 1 Comment