MAS Seeks to Advance Quantum-Safe Migration in the Financial Sector
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AI-assisted source synthesis · not an independent investigation.
On November 9, 2026, Fintech News Singapore reported that the Monetary Authority of Singapore (MAS) proposed requiring financial institutions to develop quantum-safe migration plans and complete system migrations in phases. According to the report, financial institutions must develop plans by December 31, 2027; operators of critical information infrastructure (CIIOs), domestic systemically important banks (DSIBs), and NETS must submit plans to MAS by June 30, 2027. CIIOs must also complete migration of critical infrastructure systems by December 31, 2029; the remaining systems of financial institutions must be migrated by December 31, 2034. The report presents this as an MAS proposal with proposed deadlines and does not state that the requirements have formally taken effect.
AI-written from reports · updated 9 hours ago
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- Fintech News SingaporeMAS proposes phased migration of Singapore financial institutions to quantum-safe systems
MAS proposes requiring Singapore financial institutions to develop quantum-safe migration plans and complete the migration of their remaining systems by 2034 年 12 月 31 日. Financial institutions must develop plans by 2027 年 12 月 31 日; CIIOs, DSIBs and NETS must submit plans to MAS by 2027 年 6 月 30 日, and CIIOs must also complete the migration of critical infrastructure systems by 2029 年 12 月 31 日.
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