SINGAPOREoperational-resilienceregulatory-textVerified 2026-07-31

MAS Business Continuity Management Guidelines — selected text

Working briefRegulatory text

Applies to

Collective investment schemes; Variable capital companies

Owner

Operator and designated control owner

Effect / trigger

Issued in June 2022, superseding the 2003 Guidelines and 2006 circular; check the current MAS version

Evidence

Official text, applicability record and approval trail

Legal effect

Operational guidance (non-binding)

Site review

Draft / under review

Source version / verified

June 2022 · Verified 2026-07-31

To respect republication controls, this site neither reproduces the complete Guidelines nor mirrors the official PDF.

一级来源

原文概要

The Guidelines apply to financial institutions within the Monetary Authority of Singapore Act definition and require a proportionate, critical-service-centred continuity framework. They cover identification of critical services and functions, recovery objectives, mapping of people, technology and third-party dependencies, concentration risk, continuous improvement, testing, independent audit, incident and crisis management, and Board and senior-management responsibility; the asset-management appendix expressly includes fund administration, valuation and transfer agency.

发布机关

Monetary Authority of Singapore

法律层级

Regulatory guideline

翻译范围

Document overview and six short extracts on critical services, recovery objectives, third parties, audit and governance

使用权限

转载须另行许可

Editorial translation / 非官方译文

The Chinese text below is an unofficial editorial translation for learning and research. If it differs from the official English text, the English text prevails. Verify the current primary source before relying on it.

Selected text / 条文精选

中文： 以下短摘聚焦基金管理和基金行政最常用的业务连续性控制，并提供本站编辑译文。资产管理附录明确列举投资组合管理与交易、交易结算与运营、受托服务（包括基金行政及估值）以及基金份额申赎处理。

English: These short extracts focus on continuity controls most relevant to fund management and administration. The asset-management appendix expressly lists portfolio management and trading, trade settlement and operations, trustee services including fund administration and valuation, and processing subscriptions and redemptions.

Scope and critical services / 范围与关键服务

Regulatory passage

Paragraphs 1.4–1.6 / 第1.4至1.6段#

SourceSG-MAS-BCM-2022

English original

“… risk profile and complexity …”

Editorial Chinese translation

“……风险状况及复杂程度……”

Translation note

Implementation should be proportionate to the institution's nature, size, risk profile and complexity. MAS considers observance when assessing oversight, internal controls and risk management.

Regulatory passage

Paragraphs 2.3–2.5 / 第2.3至2.5段#

SourceSG-MAS-BCM-2022

English original

“… critical business services …”

Editorial Chinese translation

“……关键业务服务……”

Translation note

The institution identifies critical services and functions, maps their dependencies end to end, and assigns accountability for recovery and resumption of each critical service.

Recovery objectives and providers / 恢复目标与服务机构

Regulatory passage

Paragraphs 3.1–3.3 / 第3.1至3.3段#

SourceSG-MAS-BCM-2022

English original

“… Service Recovery Time Objective …”

Editorial Chinese translation

“……服务恢复时间目标……”

Translation note

Each critical business service needs an SRTO aligned with the recovery objectives of underlying functions and dependencies, plus criteria for timely plan activation during partial disruption.

Regulatory passage

Paragraphs 4.3–4.5 / 第4.3至4.5段#

SourceSG-MAS-BCM-2022

English original

“… audits on the third parties …”

Editorial Chinese translation

“……对第三方进行审计……”

Translation note

Provider controls may include measurable recovery commitments, reviews of tested continuity plans, audits and joint tests, together with plans for unexpected disruption, failure or termination.

Audit and governance / 审计与治理

Regulatory passage

Paragraphs 8.1–8.4 / 第8.1至8.4段#

SourceSG-MAS-BCM-2022

English original

“… at least once every three years …”

Editorial Chinese translation

“……至少每三年一次……”

Translation note

A qualified independent party audits the overall framework and each critical service on that cycle. Remediation is tracked and significant findings are escalated to the Board and senior management.

Regulatory passage

Paragraphs 10.1–10.6 / 第10.1至10.6段#

SourceSG-MAS-BCM-2022

English original

“… ultimately responsible …”

Editorial Chinese translation

“……承担最终责任……”

Translation note

The Board and senior management own continuity. Senior management maintains and tests plans, remediates weaknesses and provides an annual attestation on preparedness and significant residual risks.

For learning and research only. This material is not legal, tax, investment or compliance advice. Confirm current primary sources and obtain professional advice for specific facts.