Singapore’s central bank to weigh actions after DBS suffers massive glitch

Singapore’s central bank on Wednesday said it would consider supervisory actions after DBS Group Holdings suffered one of the worst digital disruptions for Southeast Asia’s biggest lender in the past decade.“This is a serious disruption and MAS expects DBS to conduct a thorough investigation to identify the root causes and implement the necessary remedial measures,” Marcus Lim, assistant managing director at the Monetary Authority of Singapore, said in an emailed response to questions on…


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