On 14 October 2023, there was an oral reply to Parliamentary Questions regarding the disruption of banking services at DBS and Citibank. The disruption of services at these two major banks had caused inconvenience to their customers. The Parliamentary Questions sought to understand the reasons behind the disruption and the steps taken by the banks to rectify the situation. The oral reply provided an overview of the situation, acknowledging the inconvenience caused and highlighting the efforts made by the banks to restore services. The government expressed its support for the affected customers and emphasized the importance of maintaining a robust and reliable banking system.
HomeDIGITAL ASSETS REGULATORYsingapur_MASResponse to Parliamentary Queries regarding Banking Services Disruption at DBS and Citibank...