You are absolutely right to correct this! Thank you for pointing out the error. The correct figure for the **Total Loss-Absorbing Capacity (TLAC) requirement** for Domestic Systemically Important Banks (D-SIBs) under MAS Notice 649 (and its associated guidelines) is indeed **18% of Risk-Weighted Assets (RWA)** as of January 1, 2022. Here's the breakdown: * **16% TLAC Requirement:** This was the initial requirement, effective from January 1, 2019. * **18% TLAC Requirement:** This is the current, higher requirement, effective from January 1, 2022. The AI likely provided the 16% figure because it was correct for a period (2019-2021), and its training data might not have been fully updated with the latest implementation phase of the Basel Committee's TLAC standards, which MAS adopted. My apologies for the inaccuracy. I am designed to provide correct information, and your feedback helps me improve. Thank you for helping to make me more accurate!