Consultation paper on enhancements to technology risk and business continuity management guidelines (1)

The Monetary Authority of Singapore (MAS) has issued two consultation papers on the new engancements to the Technology Risk Management (TRM) and the Business Continuity Management (BCM) Guidelines. The proposed changes will require financial institutions' to put in place enhanced measures to strengthen operational resilience. Roundtable will set out the practical implications of the MAS consultation paper. It will also seek to collate feedback which will be distilled into a set of submissions to MAS.