BRIEF-DBS Responds To MAS' Decision Not To Extend 6-Month Pause On Bank's Non-Essential Activities
April 30 (Reuters) - DBS Group Holdings Ltd:
* DBS RESPONDS TO MAS' DECISION NOT TO EXTEND SIX-MONTH PAUSE ON BANK'S NON-ESSENTIAL ACTIVITIES
* 6-MONTH PAUSE ON NON-ESSENTIAL ACTIVITIES ENABLED BANK TO PRIORITISE ATTENTION AND RESOURCES ON ADDRESSING GAPS IN TECHNOLOGY RESILIENCY
* BANK'S ABILITY TO RESUME NON-ESSENTIAL IT CHANGES AND ACQUIRE NEW BUSINESS VENTURES WILL NOT DILUTE ITS FOCUS ON STRENGTHENING TECHNOLOGY RESILIENCY, OTHER
* UNDERTAKEN A NUMBER OF KEY ACTIONS IN AREAS OF TECHNOLOGY RISK GOVERNANCE AND OVERSIGHT, OTHERS
* IN MONTHS AHEAD, WILL CONTINUE TO PRIORITISE RESOURCES TO STRENGTHENING TECHNOLOGY RESILIENCY Further company coverage: