CYS INSIGHTS

Oct 31, 2023

S$360,000 to Become Singaporean?

A Report by CYS Global Remit Transaction Monitoring Compliance Function Group In recent news, the CYS Global Remit Transaction...

Oct 25, 2023

Leading the Battle Against Money Laundering | CYS Transaction Monitoring Compliance Unit

Contributed by CYS Global Remit Transaction Monitoring Compliance Unit At CYS Global Remit, the Transaction Monitoring Compliance Unit or...

Oct 17, 2023

SG Banks Tighten AML

A report by CYS Global Remit Legal & Compliance Office Singapore's recent crackdown on a money laundering network involving over S$2.8...

Oct 11, 2023

MAS Upholds Financial Integrity Vigilant Stand Against Money Laundering

Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance Singapore remains resolute in its commitment to upholding a...

Oct 3, 2023

S$2.4 Billion Money Laundering Case Continues

Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance In recent developments, we've seen the major transnational money...

Sep 27, 2023

Staying Ahead of Scams - CYS Commitment to Cyber Security

Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance In the first half of 2023, Singapore witnessed a concerning surge...

Sep 20, 2023

DPM Heng Swee Kiat on AML

Contributed by Jarret Tham, Head of Compliance "We want Singapore to be a financial center that people can trust." This was shared by...

Sep 13, 2023

CYS Navigates the Crypto Frontier

Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance The World Federation of Exchanges (WFE), a prominent global...

Sep 6, 2023

How CYS Safeguards Against Money Laundering

Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance In what has become one of Singapore's most significant police...

Aug 30, 2023

Technology in AML

Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance In the ever-evolving battle against money laundering, we...

Aug 23, 2023

Abuse of Financial System for Illicit Activities - MAS Won't Tolerate

Contributed by Jarret Tham, Head of Compliance The collaboration of stakeholders within the financial system to counter money laundering...

Aug 16, 2023

AI + Machine Learning

The New Frontier in Global AML Efforts Contributed by Ang Cong Shen, Head of Transaction Monitoring Compliance In a rapidly evolving...

Aug 9, 2023

FraudGPT@Dark Web!

Contributed by Jarret Tham, Head of Compliance The dark web's illicit activities have taken an alarming turn with the emergence of a...

Aug 2, 2023

Leveraging AI to Enhance Anti-Money Laundering Efforts

Contributed by Jarret Tham, Head of Compliance In recent months, the world has been inundated with the new buzzword - AI or Artificial...

Jul 27, 2023

Driving Collaboration and Innovation in AML and CFT through Data, Technology and Analytics

Contributed by Jarret Tham, Head of Compliance FTI Consulting Inc Managing Director, Neha Parmar wrote an article on 19th July 2023...

Jul 18, 2023

Understanding and Mitigating Money Laundering/Terrorism Financing Risks in Your Company

Contributed by Jarret Tham, Head of Compliance Serving a network of over 300,000 Fintech professionals from market leading organizations,...

Jul 11, 2023

Regtech Solutions for AML and KYC: Streamlining Compliance Efforts

Contributed by Jarret Tham, Head of Compliance Finance Magnates provides news on Fintech, electronic trading, payments and banking...

Jul 4, 2023

Google Launches Anti-Money Laundering AI Tool for Banks

Contributed by Jarret Tham, Head of Compliance The above-mentioned article (Google Launches Anti-Money Laundering AI Tool for Banks) is...

Jun 30, 2023

Launch of Transaction Monitoring Compliance (TMC) System

Contributed by Jarret Tham, Head of Compliance Since the founding of CYS Global Remit Pte Ltd, one of our key goals has always been to...

Jun 28, 2023

MAS fines DBS, OCBC, Citibank, Swiss Life S$3.8 million for breaches linked to Wirecard case

Contributed by Jarret Tham, Head of Compliance Published on Channel News Asia (CNA), the article informs on penalties imposed by MAS on 4...