Business Continuity Management in Singapore remains essential for operational resilience amongst regulated financial institutions. Curia Regis provides insights on continuity planning and recovery strategies. Our guidance covers disruption management, crisis response and MAS expectations for financial institutions.
The Monetary Authority of Singapore (“MAS”) has issued a consultation paper proposing new Third-Party Risk Management Guidelines (“the Guidelines”), which, if implemented, will supersede the existing Guidelines on Outsourcing. The…
On 6 March 2026, the Monetary Authority of Singapore (MAS) issued its consultation paper on the Updated Guidelines on Operational Risk Management (updated ORMG). MAS ORMG Singapore introduces clearer expectations for…
What Financial Institutions Should Be Preparing for Ahead of 1 February 2026 Financial institution incident reporting requirements change from 1 February 2026. Financial Institutions in Singapore will need to submit…
In a financial ecosystem increasingly dependent on digital outsourcing, third-party failures have become a systemic risk. The Monetary Authority of Singapore (MAS) has addressed Third Party Risk Management (TPRM) concerns…
AI model risk management is under growing scrutiny following the Monetary Authority of Singapore's (MAS) thematic review of financial institutions' Artificial Intelligence (AI) and Generative AI practices in mid-2024. The…
For fund management companies in Singapore, liquidity risk refers to the risk that the Fund vehicles they manage may not have sufficient cash or liquid assets to meet obligations when…
Technology risk management is becoming essential as Financial Institutions (FIs) continue to adopt cutting-edge technologies for operational efficiency and better service delivery to their clients. As such, FIs such as…
Business Continuity Management Singapore practices are under renewed scrutiny following the recent global IT outage affecting CrowdStrike (CS). The outage disrupted a key provider on 19 July 2024, prompting Financial…
On the 11th of December 2023, the Monetary Authority of Singapore (“MAS”) published a revised version of the MAS outsourcing guidelines applicable to non-Bank Financial Institutions such as Fund Management…
A Business Continuity Plan (BCP) is crucial for any company, particularly regulated financial institutions. A BCP outlines the steps a company should take to keep providing necessary products and services…