Tencent Cloud has obtained the Outsourced Service Provider’s Audit Report (OSPAR) attestation since June 2020 for multiple products and services in the Singapore region, and had since diligently ensuring that its controls comply with ABS' guidelines. OSPAR is the outsourcing standard for the Singapore financial industry. Obtaining this attestation demonstrates that Tencent Cloud’s security capabilities meet the stringent requirements for financial services in Singapore and even Southeast Asia.
The OSPAR assessment is performed by an independent third-party auditor in accordance with the security guidelines (Association of Banks Guidelines) for Outsourced Service Providers ("OSPs") to provide services for financial institutions in Singapore. These guidelines are based on the Singapore Standards on Assurance Engagement (SSAE 3000) and are intended to assure financial institutions of the capability of their outsourced service providers in three aspects - entity level controls, general information technology controls and service controls. OSPAR is recognized by the Monetary Authority of Singapore (MAS) and meets their compliance requirements.
Obtaining OSPAR attestation proved Tencent Cloud’s overseas products and services are able to meet the stringent requirements of Singapore's financial sector, demonstrating our position as a leading global cloud service provider.