How Financial Institutions Stay Compliant with MAS FSM-N22 Through CSA Cyber Essentials

In Singapore’s financial sector, cybersecurity and compliance are inseparable. The Monetary Authority of Singapore (MAS) Notice FSM-N22 sets out essential cyber hygiene practices that all capital market intermediaries must follow — from securing admin accounts to ensuring timely patching, logging, and third-party risk management.

At the same time, the Cyber Security Agency of Singapore (CSA) promotes the Cyber Essentials framework — a practical certification that helps organisations strengthen their defences in five areas: accounts, devices, networks, malware protection, and data backups.

Bridging Compliance and Security

While FSM-N22 focuses on regulatory obligations, Cyber Essentials provides a technical roadmap to achieve them. Together, they form a strong foundation for financial firms to protect their operations and client data.

How Planet Tech Makes It Simple

Planet Tech’s managed cybersecurity services help financial institutions operationalise FSM-N22 and meet CSA Cyber Essentials standards through:

• Privileged Access Management (PAM) and enforced MFA to secure admin accounts

• Automated patching and vulnerability remediation

• 24/7 monitoring and logging with our SOC-as-a-Service

• Managed EDR and malware protection

• Vendor risk assessments and secure cloud posture reviews

• Verified data backups and recovery plans

Here’s how we map both frameworks into actionable security operations:

FSM-N22 Requirement	CSA Control	Planet Tech Solution
Secure administrative & privileged accounts	Securing accounts	Privileged Access Management (PAM) with enforced MFA and least privilege enforcement
Timely patching & vulnerability management	Securing devices & software	Automated patching and continuous vulnerability scanning
Baseline configurations & security standards	Securing devices & networks	Managed configuration baselines and hardening templates
Asset visibility & inventory	Securing devices & software	Asset inventory management
Malware protection	Malware protection	Managed EDR and threat response
Logging & monitoring	Monitoring and detection	24/7 SOC-as-a-Service
Backup & recovery	Data backup and recovery	Managed backups and verified restores

Why It Matters

Partnering with Planet Tech means staying secure and audit-ready — without the overhead of managing compliance manually. You get continuous visibility, faster response times, and the confidence that your systems align with MAS and CSA expectations.

Ready to ensure your firm meets MAS FSM-N22 requirements while achieving CSA Cyber Essentials certification?

Contact us now - info@planettech.sg or +65 6929 6324.