29 October 2024

On 25 September 2024, the Monetary Authority of Singapore (“MAS”) announced the establishment of a Cyber and Technology Resilience Experts Panel (“CTREX Panel”). The CTREX Panel replaces MAS’ Cyber Security Advisory Panel formed in 2017, with an expanded mandate to cover technology resilience which, together with cybersecurity, significantly underpins the operational resilience of the financial sector.

Comprising 13 global industry thought leaders, experts, and practitioners, the CTREX Panel will advise MAS on key emerging technology risks and threats facing the financial sector and recommend strategies and measures to enhance the technology and cyber resilience of Singapore’s financial sector.

The CTREX Panel will convene for the inaugural meeting in mid-2025.

Reference materials

The media release is available on the MAS website www.mas.gov.sg.