Singapore finalises guidelines

Singapore -- the Monetary Authority of Singapore (MAS) has issued final, but not compulsory, guidelines for the country’s risk management, business continuity and technology risk management practices.

The MAS’ risk management guidelines, introduced in draft form in October 2002, focus on strong board oversight, accountability of senior management, sound risk management policies and procedures, and vigorous risk measurement, monitoring, and control capabilities. Although the guidelines will not be

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