On Feb. 6, SIN MAS updated notice on technology risk management.
SIN MAS updated PSN05 technology risk management, to include a new class of FIs.
Notice now also applies to all holders of a payment services license under the Payment services act 2019, that carry on a business of providing digital payment token service.
Amended FAQs to update row 10 of table under Section A1 with the above changes.
Follows SIN MAS Dec. 2019 issued AML for digital payment token services, #68625.
