Singapore banks tighten electronic communication scrutiny

Access to chat rooms restricted.

According to a report by Bloomberg, DBS Group Holdings Ltd. (DBS), Southeast Asia’s largest lender, restricted access to chat rooms, while Singapore rivals United Overseas Bank Ltd. (UOB) and Oversea-Chinese Banking Corp. increased scrutiny on electronic communications.

“In line with evolving industry practice, we have restricted access to chat rooms and enhanced our guidelines to further strengthen governance and controls,” DBS said yesterday in an e-mailed statement. UOB said it tightened guidelines and OCBC said it put monitoring protocols in place.

Read full report here.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!