Page 48 - 期货和衍生品行业监管动态（2023年4月）

期货和衍生品行业监管动态

The Monetary Authority of Singapore (MAS) yesterday hosted the inaugural

Financial Sector Cloud Resilience Forum (Forum) for Asia Pacific financial regulators

and Cloud Service Providers (CSPs) to exchange views on appropriate public cloud risk

management practices for the financial sector.

Chaired by Mr Vincent Loy, Assistant Managing Director (Technology), MAS, the

inaugural Forum saw more than 20 participants, comprising senior representatives from
financial regulatory authorities from other countries, Amazon Web Services, Google

Cloud and Microsoft Azure. The Forum will convene twice a year.

Key takeaways from the Forum include:

 Trend of increasing adoption of public cloud services by financial institutions

(FIs). The Forum noted that along with increasing adoption, some critical

systems and workloads of FIs are already being hosted in the public cloud.

 CSPs will need to assist their FIs clients to maintain high standard of

operational resilience. The Forum stressed the importance for financial

regulators, FIs and CSPs to co-create IT resilience and security best practices,

to meet stringent financial sector resilience standards.

 Information sharing between CSPs and financial regulators will be
critical. The participants called for greater information sharing between

financial regulators and CSPs on cloud technology, cyber security risk
management practices, to build collective competencies to address these risks

that may be unique to public cloud deployment.

Mr Loy said, “This Forum will serve as a useful platform for financial regulators

in Asia Pacific and major CSPs to pursue meaningful initiatives to engender a more

resilient and secure adoption of cloud services for the financial sector. MAS is pleased

to establish this Forum to foster closer collaboration between financial regulators and

CSPs. The open discussion and commitment by all parties in the Forum to work

together is heartening.”

37