Standards Comparison

    FSSC 22000

    Voluntary
    2023

    GFSI-benchmarked scheme for food safety management systems

    VS

    MAS TRM

    Mandatory
    2021

    Singapore guidelines for financial technology risk management

    Quick Verdict

    FSSC 22000 certifies food safety systems globally for supply chain trust, while MAS TRM mandates technology risk controls for Singapore FIs to ensure cyber resilience. Food firms seek market access; banks avoid fines and outages.

    Food Safety

    FSSC 22000

    Food Safety System Certification 22000 Version 6

    Cost
    €€€€
    Complexity
    High
    Implementation Time
    6-12 months

    Key Features

    • GFSI-benchmarked certification combining ISO 22000 and PRPs
    • Mandates food defense, fraud, and allergen management plans
    • Covers full food chain categories B-K with sector PRPs
    • Requires leadership-driven food safety culture objectives
    • Enforces PDCA continual improvement and audit integrity
    Technology Risk Management

    MAS TRM

    MAS Technology Risk Management Guidelines

    Cost
    €€€
    Complexity
    Medium
    Implementation Time
    12-18 months

    Key Features

    • Board and senior management accountability
    • Proportional risk-based controls
    • Third-party risk assessments
    • Annual penetration testing requirement
    • Defence-in-depth cyber resilience

    Detailed Analysis

    A comprehensive look at the specific requirements, scope, and impact of each standard.

    FSSC 22000 Details

    What It Is

    FSSC 22000 (Food Safety System Certification 22000 Version 6.0) is a GFSI-benchmarked certification scheme for Food Safety Management Systems (FSMS). It applies across food chain categories (B-K), using a risk-based PDCA approach integrating hazard analysis, PRPs, and governance.

    Key Components

    • **Three pillarsISO 22000:2018 (clauses 4-10), sector-specific PRPs (ISO/TS 22002 series), FSSC Additional Requirements (e.g., food defense, fraud, allergens, culture).
    • Over 100 requirements across management, operations, verification.
    • Built on HACCP principles within ISO harmonized structure.
    • Third-party certification by licensed CBs per ISO 22003-1:2022.

    Why Organizations Use It

    • Enables global market access and buyer acceptance.
    • Reduces recalls, enhances supply chain trust via public register.
    • Manages risks like adulteration, allergens; supports SDGs.
    • Builds competitive edge through verified FSMS maturity.

    Implementation Overview

    • Phased: gap analysis, FSMS design, training, audits (6-24 months).
    • Applies to manufacturers, packagers, logistics; all sizes.
    • Involves internal audits, management review, CB Stage 1/2 certification.

    MAS TRM Details

    What It Is

    MAS Technology Risk Management (TRM) Guidelines (January 2021) are supervisory guidelines from Singapore's Monetary Authority of Singapore (MAS) for financial institutions (FIs). They provide a risk-based framework for managing technology and cyber risks across governance, operations, and resilience, emphasizing proportionality to FI size and complexity.

    Key Components

    • Covers 15 sections: governance, asset management, SDLC, IT services, resilience, access controls, cryptography, cyber operations, testing, and audit.
    • Core principles: board accountability, defence-in-depth, continuous monitoring.
    • No fixed controls count; focuses on outcomes for CIA (confidentiality, integrity, availability).
    • Compliance via supervisory assessment, no formal certification.

    Why Organizations Use It

    • Mandatory for MAS-regulated FIs to avoid fines, license issues.
    • Enhances resilience, reduces systemic risks, builds trust.
    • Supports digital transformation securely.

    Implementation Overview

    • Phased: governance setup, asset inventory, control deployment, testing.
    • Targets banks, insurers, fintechs in Singapore.
    • Involves audits, board reporting; 12-18 months typical.

    Key Differences

    Scope

    FSSC 22000
    Food safety management systems, PRPs, additional requirements
    MAS TRM
    Technology/cyber risk governance, resilience, controls

    Industry

    FSSC 22000
    Global food chain (manufacturing, packaging, logistics)
    MAS TRM
    Singapore financial institutions (banks, insurers, fintechs)

    Nature

    FSSC 22000
    GFSI-benchmarked voluntary certification scheme
    MAS TRM
    Supervisory guidelines with enforcement consideration

    Testing

    FSSC 22000
    CB audits, surveillance, recertification cycles
    MAS TRM
    VA/PT annually for internet systems, DR tests, red teaming

    Penalties

    FSSC 22000
    Loss of certification, market access denial
    MAS TRM
    Fines, license conditions, supervisory actions

    Frequently Asked Questions

    Common questions about FSSC 22000 and MAS TRM

    FSSC 22000 FAQ

    MAS TRM FAQ

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