Singapore MAS on Global Outage of Microsoft & CrowdStrike Affecting IT Systems in Singapore: SGD Money Market & Foreign Exchange Market Functioned Normally on 19th July 2024, Financial Institutions Reported No or Limited Impact to Customers & Key Operations, Some Experienced Disruptions to Internal-Facing Systems, Access to Singapore Exchange Post-Trade System was Disrupted Temporarily
25th July 2024 | Hong Kong
Monetary Authority of Singapore (MAS) on global outage of Microsoft & CrowdStrike affecting IT systems in Singapore – SGD money market & foreign exchange market functioned normally on 19th July 2024, financial institutions reported no or limited impact to customers & key operations, some experienced disruptions to internal-facing systems, access to Singapore Exchange (SGX) post-trade system was disrupted temporarily. Outage is a period when a service, such as electricity, is not available. Singapore MAS (19/7/24): “The Monetary Authority of Singapore (MAS) is aware of a global outage affecting the IT systems of organisations around the world, including Singapore. The Singapore Dollar (SGD) money market and foreign exchange market functioned normally today. MAS asked major financial institutions to report the impact of the outage. They reported no or limited impact to customers and their key operations. Some experienced disruptions to internal-facing systems used by staff but in all cases, critical systems were unaffected. Access to SGX’s post trade system was temporarily disrupted, but other critical trading and clearing services were not affected. MAS’ systems, including MAS Electronic Payment System (MEPS+), the real time gross settlement system for SGD payments, have not been affected. As a precautionary measure, MAS extended the operating hours of MEPS+ by two hours to 9pm, to ensure smooth settlement of SGD payments by MEPS+ participants. MAS continues to monitor the situation closely.”
“ Singapore MAS on Global Outage of Microsoft & CrowdStrike Affecting IT Systems in Singapore: SGD Money Market & Foreign Exchange Market Functioned Normally on 19th July 2024, Financial Institutions Reported No or Limited Impact to Customers & Key Operations, Some Experienced Disruptions to Internal-Facing Systems, Access to Singapore Exchange Post-Trade System was Disrupted Temporarily “
Singapore MAS on Global Outage of Microsoft & CrowdStrike Affecting IT Systems in Singapore: SGD Money Market & Foreign Exchange Market Functioned Normally on 19th July 2024, Financial Institutions Reported No or Limited Impact to Customers & Key Operations, Some Experienced Disruptions to Internal-Facing Systems, Access to Singapore Exchange Post-Trade System was Disrupted Temporarily
![](https://www.caproasia.com/asia/wp-content/uploads/2020/07/Singapore.jpg)
Sign Up / Register
Caproasia Users
- Manage $20 million to $3 billion of assets
- Invest $3 million to $300 million
- Advise institutions, billionaires, UHNWs & HNWs
Caproasia Platforms | 11,000 Investors & Advisors
- Caproasia.com
- Caproasia Access
- Caproasia Events
- The Financial Centre | Find Services
- Membership
- Family Office Circle
- Professional Investor Circle
- Investor Relations Network
Monthly Roundtable & Networking
Family Office Programs
The 2024 Investment Day
- March 2024 - Hong Kong
- March 2024 - Singapore
- July 2024 - Hong Kong
- July 2024 - Singapore
- Sept 2024 - Hong Kong
- Sept 2024 - Singapore
- Visit: The Investment Day | Register: Click here
Caproasia Summits
- The Institutional Investor Summit
- The Investment / Alternatives Summit
- The Private Wealth Summit
- The Family Office Summit
- The CEO & Entrepreneur Summit
- The Capital Markets Summit
- The ESG / Sustainable Investment Summit