Page 237 - 《期货和衍生品行业监管动态》（2022年合集）

期货和衍生品行业监管动态

I. Enable data flows (including personal information) within financial groups or
with business partners, across borders by electronic means provided this activity is for

the conduct of the business within the scope of their license, authorisation, or

registration;

II. Support the free choice of location for the storage and processing of data as

long as financial regulators or supervisors have appropriate access to data necessary to

fulfill their regulatory or supervisory mandate. If such access cannot be granted to

financial regulators or supervisors, alternative means should be explored to remediate

such lack of access before financial institutions are required to use or locate

computing facilities locally; and

III. Protect confidentiality of customers’ data and privacy.

With this Statement of Intent, SIF and MAS declare their intent to explore such

policies and rules at the international level.

Through regular consultation and exchanges, SIF and MAS intend to identify

areas of collaboration and opportunities in international bodies for financial markets

to further pursue these goals.

This Statement of Intent is issued subject to the domestic laws and regulations of

Switzerland and Singapore and does not modify or supersede any laws or regulatory

or supervisory requirements in force in Switzerland or Singapore, or applying to SIF

or MAS. For the avoidance of doubt, this Statement of Intent is not legally binding

and does not create any enforceable rights under domestic or international law. In

particular, this Statement of Intent does not oblige SIF or MAS to disclose supervisory

information or information relating to the financial affairs or accounts of individual

customers of a bank. In addition, this Statement of Intent does not restrict the right of

SIF or MAS to adopt or maintain measures to protect personal information, personal

privacy and confidentiality of individual records and accounts. Any transfers of data,
including personal information, across borders by electronic means by financial

institutions should be subject to the applicable laws, rules and regulations in

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