The vocabulary.
Curated definitions across ERM, cyber, financial, operational, AI risk and Singapore-specific terminology.
RiskPedia's composite metric combining MAS TRM, PDPA, AI risk, money-flow and operational-resilience signals into a single 0-100 score for Singapore FIs.
Technology Risk Management Guidelines issued by Monetary Authority of Singapore. The de-facto operating manual for IT risk in any MAS-regulated entity.
Singapore's data protection statute. Imposes 9 obligations and mandatory breach notification within 72 hours of assessment.
Singapore Dollar Nominal Effective Exchange Rate — the trade-weighted basket against which MAS conducts its exchange-rate-based monetary policy.
Fairness, Ethics, Accountability and Transparency — MAS-led principles for responsible AI in Singapore finance.
Cybersecurity Code of Practice for Critical Information Infrastructure (Version 2.0), issued by CSA Singapore.
Risk-Based Capital framework 2 for Singapore insurers — operational since 2020, replacing the original RBC.
Singapore's regulatory term for crypto-assets used as a medium of exchange, governed under the Payment Services Act.
Own Risk and Solvency Assessment — insurer's internal process for assessing capital adequacy across all material risks.
Third-Party Risk Management — programmes governing risk arising from vendors, outsourcing and cloud service providers.
Computer systems essential to the continuous delivery of essential services in Singapore — designated by the CSA Commissioner.
Singapore's real-time peer-to-peer fund transfer service using NRIC, FIN, UEN or mobile number as proxy.
Cross-border real-time payment connectivity between India's UPI and Singapore's PayNow, launched Feb 2023.
Internal Policies, Procedures and Controls — required under MAS Notices for AML/CFT and TRM.
Financial Advisers — entities or representatives licensed under Singapore's Financial Advisers Act.
Open-source AI risk assessment methodology and code released under the MAS Veritas Initiative.
Inland Revenue Authority of Singapore — administers tax. Relevant for tax-related risk and FATCA/CRS reporting.
Notice on Risk Management Practices for the Conduct of Outsourcing Arrangements, applicable to merchant banks and FIs.
Digital Operational Resilience Act — EU regulation impacting Singapore FIs serving EU clients or having EU operations.
International risk management guideline. The most adopted high-level risk management framework globally.