dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Social Links
  • zedreviews.com
  • citi.io
  • aster.cloud
  • liwaiwai.com
  • guzz.co.uk
  • atinatin.com
0 Likes
0 Followers
0 Subscribers
dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
  • Cities

MAS Advises Financial Institutions To Adopt Recommended Measures For DORSCON Orange

  • February 9, 2020
Total
0
Shares
0
0
0

Following the raising of the Disease Outbreak Response System Condition (DORSCON) Alert Level from Yellow to Orange, the Monetary Authority of Singapore (MAS) issued an advisory on 7 February 2020 for financial institutions in Singapore to adopt additional measures and precautions. This is the third advisory to financial institutions since January 2020.

MAS’ advisory of 7 February 2020 called on financial institutions to adopt the additional recommended measures by the Ministry of Health (MOH) and the Ministry of Manpower, whilst ensuring the following when carrying out their business continuity plans:

  • a) Continue to maintain effective internal controls across their operations should split team arrangements be implemented;
  • b) Anticipate and be prepared to manage any increase in demand for certain financial services, such as cash withdrawal or online financial services;
  • c) Inform customers promptly of the availability of services and operating hours; and
  • d) Monitor and support staff morale.

Cyber threats and scams alert

MAS has also reminded financial institutions that they should remain vigilant on the cyber security front as there have been cases of cyber threat actors taking advantage of the 2019 Novel Coronavirus (2019-nCoV) situation to conduct email scams, phishing and ransomware attacks.

MAS has been informed about scammers impersonating MOH contact tracing officials and requesting for financial information from individuals. MOH does not ask for financial information during contact tracing calls, and members of the public are advised to verify the authenticity of the phone calls with the MOH hotline (Tel: 6325 9220) if they have any doubts about the caller’s identity.

MAS is closely monitoring the 2019-nCoV situation and remains engaged with financial institutions to ensure that appropriate business continuity plans are in place.

Total
0
Shares
Share
Tweet
Share
Share
Related Topics
  • 2019-nCoV
  • DORSCON
  • MAS
  • nCoV
dotlah.com

Previous Article
  • Cities

To Achieve Net-Zero Carbon Cities And Buildings We Need Systemic Efficiency

  • February 8, 2020
View Post
Next Article
  • People
  • World Events

As China Suffers From Coronavirus, Some Wonder: Is It Really That Serious?

  • February 10, 2020
View Post
You May Also Like
View Post
  • Cities
  • Research

Mathematicians uncover the logic behind how people walk in crowds

  • dotlah.com
  • April 3, 2025
“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch
View Post
  • Cities
  • Technology

“Toyota Woven City,” a Test Course for Mobility, Completes Phase 1 Construction and Prepares for Launch

  • John Francis
  • January 6, 2025
View Post
  • Cities

Popes were once confined to Rome. Now they travel the world – and Francis’ current journey is particularly significant

  • dotlah.com
  • September 13, 2024
Singapore
View Post
  • Cities
  • Economy

South Africa’s new pension rules: Australia, Chile and Singapore show how personal savings can grow the economy

  • dotlah.com
  • August 30, 2024
Singapore
View Post
  • Artificial Intelligence
  • Cities
  • Technology

These 5 cities are making innovative use of generative AI

  • dotlah.com
  • July 29, 2024
dotlah-singapore-kharl-anthony-paica-Btf-M-Hu8Xw-unsplash
View Post
  • Artificial Intelligence
  • Cities
  • Technology

These 4 cities are making innovative use of generative AI

  • dotlah.com
  • May 16, 2024
Fashion. Fashion walk.
View Post
  • Cities
  • Features

French Chic. An intro to Parisian Fashion.

  • John Francis
  • May 10, 2024
dotlah-sentosa-joshua-tsu-4sl0QBBHRRA-unsplash
View Post
  • Cities
  • Lah!

Discover Sentosa anew through partnership of iconic brands

  • dotlah.com
  • May 10, 2024


Trending
  • 1
    • Lah!
    • Technology
    Paving The Way For UV-Enabled Flexible Wearable Tech
    • July 29, 2021
  • 2
    • Business
    • Politics
    Which Countries Achieved Economic Growth? And Why Does It Matter?
    • February 17, 2020
  • hong-kong-mtr-cheung-yin-7PrfWLpoPSs-unsplash 3
    • Cities
    Top 10 Cities With The Best Public Transport
    • December 16, 2022
  • 4
    • Lah!
    • Science
    Top 10 Must-See Museums In Singapore
    • December 23, 2019
  • 5
    • Society
    CapitaLand Sets Up RMB10 Million Healthcare Fund To Support Relief Efforts In China
    • January 28, 2020
  • 6
    • Lah!
    • Technology
    Singapore Accelerates 5G Adoption And Commercialisation With New $30m Fund
    • January 22, 2021
  • 7
    • Technology
    SUTD Partners Ensign InfoSecurity To Develop More Local Cybersecurity Talents
    • February 2, 2021
  • 8
    • Lah!
    SUTD Collaborates With Shenzhen Technology University On Joint Immersion Programme
    • July 21, 2020
  • 9
    • Lah!
    Singapore Substantially Concludes Negotiations For Digital Economy Partnership Agreement With Chile And New Zealand
    • January 22, 2020
  • 10
    • Cities
    • Lah!
    Changi Airport Launches New Initiatives To Better Support Passengers With Invisible Disabilities
    • February 8, 2022
  • 11
    • Lah!
    Monetary Authority Of Singapore Invites Applications for New Digital Bank Licences
    • August 29, 2019
  • 12
    • Cities
    Electricity Consumption Reveals Proactive Community Response To COVID-19 Progression
    • October 5, 2021
Trending
  • 1
    Trump’s global trade plans are in disarray, after a US court ruling on ‘Liberation Day’ tariffs
    • May 29, 2025
  • 2
    315,000 Singaporeans have used new career and skills planning tool by SkillsFuture Singapore
    • May 23, 2025
  • college-of-cardinals-2025 3
    The Definitive Who’s Who of the 2025 Papal Conclave
    • May 8, 2025
  • conclave-poster-black-smoke 4
    The World Is Revalidating Itself
    • May 7, 2025
  • oracle-ibm 5
    IBM and Oracle Expand Partnership to Advance Agentic AI and Hybrid Cloud
    • May 6, 2025
  • 6
    Conclave: How A New Pope Is Chosen
    • April 25, 2025
  • 7
    Canonical Releases Ubuntu 25.04 Plucky Puffin
    • April 17, 2025
  • 8
    Mathematicians uncover the logic behind how people walk in crowds
    • April 3, 2025
  • 9
    Tokyo Electron and IBM Renew Collaboration for Advanced Semiconductor Technology
    • April 2, 2025
  • 10
    Tariffs, Trump, and Other Things That Start With T – They’re Not The Problem, It’s How We Use Them
    • March 25, 2025
Social Links
dotlah! dotlah!
  • Cities
  • Technology
  • Business
  • Politics
  • Society
  • Science
  • About
Connecting Dots Across Asia's Tech and Urban Landscape

Input your search keywords and press Enter.