The pause was among penalties imposed on Nov 1 in response to disruptions to the bank's services in 2023.
However, Singapore's largest bank must continue to set aside additional regulatory capital by applying a multiplier of 1.8 times to its risk-weighted assets for operational risk - a penalty imposed in May 2023 the authority said in a statement on April 30.
Such buffers help banks deal with unexpected losses and remain solvent in times of crisis.
In 2022, DBS Bank was required to apply a multiplier of 1.5 times to these assets after it suffered its worst outage in more than a decade the previous year.
This story is from the May 01, 2024 edition of The Straits Times.
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This story is from the May 01, 2024 edition of The Straits Times.
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