CYS INSIGHTS

A Report by CYS Global Remit Human Resource Management Unit Recognising the People Behind Every Achievement Every organisation celebrates major milestones, but behind every achievement are individuals who contribute through countless smaller actions every day. A problem solved, a colleague supported, a deadline met, or a customer helped may not always make headlines. Yet these contributions are often what keep an organisation moving forward. Employee recognition is about maki

A Report by CYS Global Remit Legal & Compliance Office Part 3 — Third-Party & Cloud Vendor Risks in AML Controls Introduction Payment institutions increasingly rely on external technology providers, especially for sanctions screening, transaction monitoring and analytics. Hybrid infrastructure amplifies these dependencies, as controls are spread across on-premises systems, private environments and third-party platforms. Outsourcing can bring real improvements in capability, s

A Report by CYS Global Remit FinTech Development Unit Why banks sometimes withdraw from payment corridors, and how regulated specialists can help keep legitimate cross-border payments flowing. Imagine you run a business in Singapore. For years, you have been buying goods from the same overseas supplier. The relationship is good. The invoices are legitimate. The payments have become routine. Then one day, something changes. Your bank tells you it can no longer support payments

A Report by CYS Global Remit Digital Media Marketing Team Singapore is one of the most connected cities in the world. People arrive here to work, study, build businesses and create better opportunities for themselves and their families. But while many may call Singapore their workplace or temporary home, their families, responsibilities and financial commitments often remain thousands of kilometres away. Every month, money travels alongside these connections. From Singapore t

A Report by CYS Global Remit Counterparty Sales & Alliance Unit AUD/SGD NZD/SGD 0.8850 – 0.8900 0.7150 – 0.7200 The Australian dollar has been asserting itself against its closest regional counterpart, with AUD/NZD pushing towards 1.2500, a level the cross has not seriously tested since 2013. The move reflects an increasingly pronounced monetary-policy divergence between Australia and New Zealand. While both central banks are responding to persistent inflation, the Reserve Ba