MAS, Bank of Thailand Seal Cybersecurity and Fraud Pact

The Monetary Authority of Singapore (MAS) and the Bank of Thailand (BOT) have longstanding ties spanning financial supervision, payments, financial technology and cybersecurity. In 2019, they jointly established CERES to facilitate the exchange of cyber-threat information, policies and regulatory frameworks among central banks and financial regulators. Formal coordination has become increasingly important as deeper digital and cross-border connectivity allows cyberattacks and fraud schemes to spread rapidly between financial markets.

MAS and BOT announced the cybersecurity cooperation and digital fraud protection memorandum on July 24, 2026. MAS Managing Director Chia Der Jiun and BOT Governor Vitai Ratanakorn signed it during the 31st Executives’ Meeting of East Asia-Pacific Central Banks Governors’ Meeting, held in Singapore from July 22 to 24. The framework covers regulatory and incident updates, threat intelligence, staff training, study visits, research and policy exchanges, as well as joint cross-border cybersecurity and crisis-management exercises. No funding amount was disclosed.