MAS – Monetary Authority Of Singapore – Compliance

Obtaining Full Data Integrity and Immunizing Organizations Against Cyberthreats with MAS Compliance Services that are fully managed.


Maximize Security and the Shield for Future Growth Without Compromise

Today’s organizations handle more data than ever before, which necessitates a plethora of safeguarding duties. The effect is evident in the form of financial losses, increased operational expenses, performance hazards, compromised data security, management of conflicts of interest, and efficient customer service. As firms struggle to comply with data privacy and protection laws, regulatory compliance has become an arduous and arduous undertaking.

MAS is unquestionably the best method for implementing wider controls across IT security operations. It plays a crucial role in mandating frequent risk assessment, establishing and maintaining security policies, conducting regular security testing, managing software and patches, protecting against malware, and defending against sophisticated threats.

Enhancing Cybersecurity with MAS Compliance – Singapore’s Monetary Authority

The Monetary Authority of Singapore (MAS) is the centralized Singaporean financial regulator. MAS assists financial institutions in implementing effective risk management, enhancing system security, and protecting sensitive data and transactions. The MAS has established Technology Risk Management (TRM) standards as best practices for Singaporean financial institutions to adhere to. MAS has recently approved cloud services as outsourcing and implemented many data protection and cybersecurity laws that facilitate the technology adoption and solve difficulties influencing the deployment of cloud solutions by the financial sector.

To handle technological risk management and comply with cybersecurity regulations in the financial industry, CDWT provides an innovative method for upgrading the organizational security framework with MAS compliance. By combining the knowledge of professionals in technology security and governance, we develop a truly sustainable governance security model compliant with international compliance requirements and assist financial institutions in keeping up with evolving technologies and cybersecurity best practices.

Increase regulatory emphasis while bolstering public trust.

Why MAS Compliance is Required

ompliance with cybersecurity regulations is rising importance in technology-driven banking. Cyber resilience frameworks are urged to handle significant challenges such as data security and integrity, regulatory risks, reputational harm, etc. In the following ways, an inclusive and compliance-focused financial activity may benefit:

Typically, businesses scurry to comply with newly enacted legislation, divert corporate resources from other operations to concentrate on compliance, and strive to overtake incumbent market leaders. Compliance with MAS may avoid last-minute scrambling. It enables you to stay ahead of the curve by anticipating forthcoming regulatory changes and implementing them without disrupting normal company operations.
Any resource diversion from the organization's fundamental objectives might result in significant time loss. For company development, timely compliance with new rules is required to support business operations and effectiveness. With MAS Compliance, firms can strategically comply with anticipated changes without sacrificing company goals. It will allow for development and progress without the danger of noncompliance.
Any resource diversion from the organization's fundamental objectives might result in significant time loss. For company development, timely compliance with new rules is required to support business operations and effectiveness. With MAS Compliance, firms can strategically comply with anticipated changes without sacrificing company goals. It will allow for development and progress without the danger of noncompliance.
Customers are worried about the frequency with which companies acquire and use personal information to improve services and goods. By implementing legislation, firms may display data policies in locations where consumers may miss them. Compliance with MAS enables enterprises and consumers to submit privacy demands in accordance with regulations, therefore fostering a more trustworthy and stable relationship. It promotes client retention and protects consumer privacy.
When organisations want to enter new markets, MAS compliance provides an extra degree of protection. It facilitates a speedy start and encourages enterprises to establish themselves in the new market. Adapting rules prior to entering a new market will aid in understanding how local laws and data privacy policies operate in new areas or when interacting with authorities, allowing enterprises to concentrate on marketing and company growth.
The banking industry has been altered by technological progress, yet cyber resilience is achieved via data leaks and solid security practises. Compliance and cybersecurity requirements enable firms in mitigating the risks of malware attacks, internal and external data breaches, and the protection of sensitive information. Businesses may strengthen their cybersecurity compliance and framework with MAS compliance.
Numerous compliance guidelines mandate the preservation of organised data, the simplification of business operations, and the frequent auditing of operational activities. All of these will progressively boost your company's efficiency and decrease expenses. Global compliance standards aid organisations in understanding what is required for success and promote market homogeneity while allowing them to participate in fair, ethical, and equitable conduct. With MAS compliance, businesses may acquire a strong standing in their respective industries.

MAS Compliance Mapping

Phase 1: Planning and Assessment
  • During this phase, regulatory inspectors conduct face-to-face discussions and seminars to review the business environment, current architecture, procedures, and services of financial institutions.
  • Additionally, this individual discovers systems and infrastructures that fall within the scope of MAS TRM rules and technologies.
Phase 2: Adopt
  • This step involves analysing all current policies, procedures, and processes to establish the effectiveness with which financial institutions manage technological risk and cyber resilience.
  • The regulatory inspector employs and conducts sample-based testing to evaluate controls and ascertain the operational efficacy of the proposed and implemented system.
Phase 3: Review and Recommendation
  • During this step, the regulator inspector prepares reports based on the fieldwork results and delivers them to the organization.
  • It discusses the possible gaps observed in comparison to the MAS TRM Guidelines, as well as specific areas for improvement and appropriate recommendations for filling those gaps.

Managed Compliance Services from CDWT

CDWT’s Managed Compliance Services enable enterprises to supplement their IT infrastructure, security networks, cloud platforms, data structures, and software/apps in order to become completely compliant with global legislation and standards.

We investigate customer landscapes, access functionalities, and workloads in collaboration with A-star compliance professionals and modern technologies to validate whether or not they adhere to respective protocols while bestowing effective strategies and employing critical processes to risk-proof compliance globally. CDWT Managed Compliance Services protect essential cloud platforms including hyperscaler cloud landscapes, private clouds, third-party environments, on-premises or remote ecosystems, and assist them in becoming completely compliant with the following services:


The Information Security Registered Assessors Program (IRAP) is a collection of security procedures and frameworks designed to audit, assess, and measure an organization's cybersecurity effectiveness in accordance with Australian security laws and standards. The Australian Signals Directorate keeps an eye on this (ASD)

Bank Negara Malaysia

Bank Negara Malaysia oversees a key compliance structure and laws pertaining to BFSI operations and financial institutions (BNM)

Oman's Central Bank

Oman's Central Bank has approved regulations that apply to all BFSI services including financial institutions.


Saudi Arabian Monetary Authority-regulated centralized cybersecurity framework and methods to aid enterprises across all sectors in efficiently protecting their operations, assets, and data.


Swiss Financial Market Supervisory Authority regulations and frameworks for supervising banks, financial institutions, insurance companies, stock exchanges, securities dealers, and so on.

UAE Regulations

Enhanced UAE compliance with relation to data residency, privacy, and other legislation affecting corporate activities in the UAE.


Security, operational management, data administration, and other compliance rules apply to BFSI operations and financial institutions. Delivered by the Reserve Bank of India, the nation’s leading financial body.


The Monetary Body of Singapore, the country's primary BFSI authority, established guidelines on outsourcing financial institutions' operations and procedures.


The Financial Services Authority of Indonesia (Otoritas Jasa Keuangan) issues and monitors regulations on the running and operations of financial institutions.


The General Data Protection Regulation (GDPR) is a set of advanced laws that control the gathering and use of personal data from European Union residents.


The Payment Cards Industry Data Security Standard establishes guidelines and benchmarks to guarantee that all businesses receiving, storing, and processing credit card data operate in a secure environment.


The Health Insurance Portability and Accountability Act establishes standards and protocols to safeguard the privacy, confidentiality, and integrity of sensitive patient information. Healthcare organizations get the HITRUST (Health Information Trust Alliance) accreditation as verification that they meet HIPAA regulations.


The GXP compliance standard is an abbreviation for regulatory standards and recommendations applicable to a larger range of life sciences, food, and medical items, among other things (the 'X' stands for any letter appropriate vertically). Good Laboratory Practices (GLP), Good Clinical Practices (GCP), and Good Manufacturing Practices (GMP) are a few examples (GMP).

ISO Standards

Introduced by the International Organization for Standardization, these frameworks validate the worldwide standard standards applicable to any item or service. The number after an ISO denotes the category: ISO-27001, ISO-27017, ISO-27018, ISO-22301, ISO-20000, and so on.

Increase regulatory emphasis while bolstering public trust.

Why Partner with CDWT to Achieve Compliance in Your Industry?

The world's biggest Application-focused Managed Cloud Services Provider and a leader in managed cybersecurity. Dedicated security evaluation services.

12+ years of service to 4000+ corporations, including 60+ Fortune 500 companies, in 25+ countries spanning the Americas, Europe, Middle East, and APAC.

More than 40 Security Controls, twenty Centres of Excellence, and two thousand worldwide cloud specialists

Pre-met compliance demands for local, national, and international compliance regulations, such as IRAP, GDPR, HIPAA, SAMA, CSA, GXP, and ISO Certifications.

3200 UTMs, 13000 HBSS, 800000 EPS

Seven Security frameworks using the MITRE ATT&CK, CIS Critical Security Controls, and more

Comprehensive 24x7 monitoring of cyber security

Advanced Managed Detection and Response Solutions Automated Security Solutions for threat prediction, detection, and response (MDR)

Expertise in managed SOC (Security Operations Center) services and solutions on a global scale.

DevSecOps-specific portfolio

Cybersecurity Consulting, Cybersecurity Assessment, and Audit Reporting Services for the Entire IT Stack and Cloud Infrastructure.

Advanced Cybersecurity Incident and Response Team (CSIRT) for CDWT

Threat Intelligence powered by Industry-leading platforms such as Microsoft, OSINT, STIX&TAXI, MISP, etc. and CDWT Threat experts

Considerable threat management knowledge in protecting big and complex settings and using the sophisticated features of industry-leading technologies and Cloud-Native Security products.

Expertise in building and administering comprehensive SIEM - assisting organisations in proactively assessing vulnerabilities and automating and accelerating incident response.