KPMG’s KRIS is a cloud-based Regulatory Reporting solution for banks, hosted on MS Azure. The solution is able to comply with the revised MAS 610 regulatory reporting requirements.
Details of Solution
Applicants must meet the following eligibility criteria at the point of application:
a) must be registered in Singapore
b) purchase/lease of the IT solution or equipment must be used in Singapore
c) must not have:
- Made any payment to a supplier, vendor or third party in relation to the purchase/lease of the IT solution or equipment
- Signed any contract with a supplier, vendor or third party in relation to the purchase/lease of the IT solution or equipment
Please refer to ‘Things to Note’ for additional requirements.
Mode of Payment
Up to 30% for SMEs
N.A. for non-SMEs
Things to Note
For MAS Notice 610 and Notice 1003 Regulatory Reporting.
Eligible applicants must be FIs licensed or registered in Singapore with headcount not more than 200.
Interested companies can get a quotation from your selected vendor, before applying for the PSG through the Business Grant Portal (BGP).