Investigating Recent Disruptions to DBS' Banking Services

37 Mr Desmond Choo asked the Prime Minister in view of the second disruption to DBS' digital banking services in the last two months (a) whether MAS will be taking action to investigate the root causes; (b) whether the further additional capital requirement imposed by MAS on DBS Bank following the second disruption will be adequate; and (c) whether MAS will be sharing any preliminary findings by the DBS Special Board Committee.

Mr Tharman Shanmugaratnam (for the Prime Minister): This question will be answered in the reply to Dr Tan Wu Meng's Parliamentary Question filed for tomorrow's Sitting. [Please refer to "Probe into Recent Disruptions of DBS' Digital Bank and Physical ATM Services and Preventive Measures Implemented", Official Report, 5 July 2023, Vol 95, Issue 107, Written Answers to Questions for Oral Answer not Answered by End of Question Time section.]