SG Banks & MAS stance on Cyprus-Style Bail-ins & impact of our deposits when Bank is failing.

Hello all, I was reading this article talking about the Cyprus Financial Crisis in 2012 and I learnt about bail-ins where the government charged a levy on the savings of the common people who deposited their savings with the banks, this is indirectly taking money from the poor and saving the rich people who owns the banks.

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Although SDIC gives protection for savings up to $75,000 but I am not sure if it is adequetely funded if thousands of people need the protection.

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So, does anyone know what is the stance of Singapore Banks on this and if they will do the same to us? As I know G20 and Europe28 countries are adopting this.