Monetary Authority of Singapore states there’s an analytical approach to assess and monitor cyber risk to the financial sector Cyber risk is an emerging source of systemic risk in the financial sector, and possibly a macro-critical risk too. It’s therefore important to integrate it into financial sector surveillance. According to…
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Financial institutions transmitting data across borders
Data connectivity between Bangko Sentral ng Pilipinas and The Monetary Authority of Singapore. Bangko Sentral ng Pilipinas (BSP) and The Monetary Authority of Singapore (MAS) have recognised the ability to aggregate, store, process, and transmit data across borders is critical to the development of the financial sector. The expanding use…
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