AS9120B
Aerospace standard for distributor quality management systems
MAS TRM
Singapore guidelines for technology risk management in finance
Quick Verdict
AS9120B certifies aerospace distributors' QMS for traceability and counterfeit prevention, enabling supply chain approval. MAS TRM mandates financial firms' tech risk governance and cyber resilience via supervisory enforcement, ensuring stability and trust.
AS9120B
AS9120B: Quality Management Systems for Aerospace Distributors
Key Features
- Prevents counterfeit parts via verification and quarantine processes
- Ensures traceability for split lots and chain-of-custody
- Mandates risk-based external provider evaluation and monitoring
- Implements configuration management using sales order records
- Requires product safety and ethical behavior awareness training
MAS TRM
MAS Technology Risk Management Guidelines
Key Features
- Board and senior management accountability
- Proportional implementation by risk profile
- Third-party risk management requirements
- Cyber resilience via defence-in-depth
- Annual penetration testing for internet systems
Detailed Analysis
A comprehensive look at the specific requirements, scope, and impact of each standard.
AS9120B Details
What It Is
AS9120B is the IAQG quality management system standard for aviation, space, and defense distributors, building on ISO 9001:2015's 10-clause structure. It targets organizations procuring, storing, splitting, and reselling parts without alteration, using a risk-based approach to address distribution risks like traceability loss and counterfeits.
Key Components
- Over 100 aerospace-specific requirements beyond ISO 9001.
- Core areas: context analysis, leadership, planning, support, operations (traceability, counterfeit prevention, provider controls), evaluation, improvement.
- Built on PDCA cycle; requires documented information, not full manual.
- Certification via accredited bodies, OASIS listing.
Why Organizations Use It
- Commercial necessity for OEM supply chains.
- Mitigates risks of nonconformities, counterfeits, recalls.
- Enhances market access, customer trust, efficiency.
- Builds resilience via KPIs, audits, reviews.
Implementation Overview
- Phased: gap analysis, process design, training, audits (6-12 months).
- Applies to distributors globally; scales by size.
- Involves cross-functional teams, internal audits, Stage 1/2 certification.
MAS TRM Details
What It Is
MAS Technology Risk Management (TRM) Guidelines (revised January 2021) are supervisory guidance from Singapore's Monetary Authority for financial institutions. They promote sound practices for managing technology and cyber risks across governance, operations, and resilience, using a principles-based, proportional, risk-focused approach.
Key Components
- 15 sections covering governance, risk frameworks, secure development, IT service management, resilience, access controls, cryptography, data security, cyber operations, assessments, and audit.
- Synthesised into 12 core principles like board accountability and defence-in-depth.
- No fixed controls; emphasises outcomes for CIA (confidentiality, integrity, availability) with independent assurance.
Why Organizations Use It
- Meets MAS supervisory expectations to avoid fines/enforcement.
- Enhances resilience, reduces cyber incidents, builds trust.
- Supports digital transformation securely.
Implementation Overview
- Phased: governance, asset inventory, controls, testing, monitoring.
- Applies to all MAS-supervised FIs; scales by risk/complexity.
- No certification; demonstrated via audits, metrics, board reporting. (178 words)
Key Differences
| Aspect | AS9120B | MAS TRM |
|---|---|---|
| Scope | Aerospace distribution QMS, traceability, counterfeit prevention | Financial sector technology/cyber risk governance, resilience |
| Industry | Aerospace distributors globally | Singapore financial institutions |
| Nature | Voluntary IAQG certification standard | Supervisory guidelines with enforcement |
| Testing | Internal audits, certification audits | Annual pen tests, vulnerability assessments, DR tests |
| Penalties | Loss of certification, market exclusion | Fines, license revocation, executive prohibitions |
Scope
Industry
Nature
Testing
Penalties
Frequently Asked Questions
Common questions about AS9120B and MAS TRM
AS9120B FAQ
MAS TRM FAQ
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