BRIEF-Singapore's MAS Issues Statement On Global Outage Affecting IT Systems

Reuters SG

July 19 (Reuters) - Monetary Authority of Singapore :

* MAS STATEMENT ON GLOBAL OUTAGE AFFECTING IT SYSTEMS

* SINGAPORE DOLLAR (SGD) MONEY MARKET AND FOREIGN EXCHANGE MARKET FUNCTIONED NORMALLY TODAY

* MAS ASKED MAJOR FINANCIAL INSTITUTIONS TO REPORT THE IMPACT OF THE OUTAGE

* MAS’ SYSTEMS, INCLUDING MAS ELECTRONIC PAYMENT SYSTEM THE REAL TIME GROSS SETTLEMENT SYSTEM FOR SGD PAYMENTS, NOT BEEN AFFECTED

* MAS CONTINUES TO MONITOR THE SITUATION CLOSELY

* ACCESS TO SGX’S POST TRADE SYSTEM WAS TEMPORARILY DISRUPTED, BUT OTHER CRITICAL TRADING AND CLEARING SERVICES WERE NOT AFFECTED Further company coverage: