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27 Jul 2016 "ABS, representing the financial services industry, has been working closely with the MAS on a set of operational cloud computing guidelines, ABS Red Team: Adversarial Attack Simulation Exercises Guidelines v1.0 for the Financial Industry in Singapore. ABS Cloud Computing Implementation Guide. ABS Cloud Computing Implementation Guide has been established to assist FIs and Cloud Service Providers to understand the materiality of cloud outsourcing Shortly after the release of the Outsourcing Guidelines , the Association of Banks in Singapore (ABS) introduced the ABS Cloud Implementation Guide (ABS The Association of Banks in Singapore (ABS) has developed this implementation guide for Financial Institutions (FIs) to use when entering into Cloud outsourcing arrangements. In addition, the security controls should also address the unique risks that are associated with outsourcing to the Cloud. further buttressed these MAS guidelines with the Association Banks of Singapore's (ABS) Cloud. Computing??Implementation??Guide. MAS recognises that Part 2: Microsoft's Response to the ABS Cloud Implementation Guidelines. 22. About the . loud computing brings to financial institutions and gives a green light. 4 Aug 2016 The Association of Banks in Singapore (ABS) has developed the Implementation Guide for adoption by the financial institutions when entering into cloud outsourcing arrangements. Recommending a minimum set of due diligence and vendor management activities before entering into a cloud outsourcing agreement. 27 Jul 2016 requirements on the previously issued MAS Guidelines on Outsourcing and introduce guidance Cloud Computing . ABS Guidelines for OSP's.