Singapore sets out new banking rules to mitigate cyber risks

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The Monetary Authority of Singapore (MAS) has announced new rules that seek to better mitigate risks to banks from cyberattacks. Singapore's financial regulator this morning released the new Technology Risk Management Guidelines, which will apply to all banking, insurance, brokerage and payment services firms. The new guidelines stipulate that banks and other financial institutions must secure the development of so-called application programming interface (API) codes (which allow applic...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.

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