SectionBinding, sectoral

Notice FSM-N13 Technology Risk Management (designated payment systems and DPT service licensees)

Is this legally binding?

Binding, sectoral. Binding, but only for a defined population: one regulated sector, or the federal government and the vendors it buys from.

TRM notice applying to operators and settlement institutions of designated payment systems and to holders of a payment services licence providing digital payment token (DPT) services. The DPT extension took effect 6 November 2024 (formerly Notice PSN05, revised 6 Feb 2024). Same core requirements including the 1-hour notification and 14-day report.

mas.gov.sgMAS notices framework (FSM-N05 page representative; PSN05 revision of 6 Feb 2024)Show it on the map

What this connects to

1 relations. Official relations are the ones the source documents state; anything marked GAGE analysis is our reading, not an agency's.

Cites1

InstrumentMAS Notices on Technology Risk Management (TRM Notices)Binding, sectoral
Sector-specific notice within the TRM notice family

Learn this properly

This page tells you what this instrument is and whether it binds you. The AI Governance program teaches the whole discipline, with dedicated coverage of the Singapore governance stack and the MAS regime, and every topic is passed by explaining it back in your own words, graded against the source.

See the AI Governance program

Verified against the official source on 2026-08-17. GAGE is not affiliated with or endorsed by any agency named here, and nothing on this page is legal advice. How this is built and checked.

Useful to someone you work with?

Credential program

Earn a verifiable AI governance credential. The first module is free.

Singapore governs AI through guidance, supervisory expectation and one binding data law, which means the hard part is not finding the rule. It is deciding what your organization does when nothing is strictly mandatory and everything is expected.

Certified AI Governance Professional (CAIGP) is fourteen modules of exactly that work: you run an organization through the AI era, make decisions that can fail, and leave with a record an employer can verify.

14 modules, 98 topics, each with a lesson and a graded quiz.
Opens with “Why decisions, not information, will make you the expert”, and the whole first module is free.
The Professor answers your questions inside every topic.
A mastery exam at the end, then a credential anyone you send it to can verify.
Your progress is saved to your account, on any device.

To start

Free

The first module, with a free account. No card is asked for.

Start the first module freeRead the full description

Direct it. Catch it. Prove it. (56 s)

Back to the Navigator

GAGE briefings tell you which AI regulation deadlines are coming, what they actually require of you, and when a program opens.

What this connects to

Cites1

Learn this properly

Readers of this also ask