A Report by CYS Global Remit Legal & Compliance Office Part 2: How Proliferation Financing Exploits the Cross-Border Payment Ecosystem Introduction  Now that we've introduced what Proliferation Financing (PF) is and why it matters, it's time to zoom in on how PF risks specifically affect the cross-border payment industry. This sector is vulnerable due to its global reach, high transaction volumes, and reliance on complex networks of intermediaries. In this article, we explore

A Report by CYS Global Remit Counterparty Sales & Alliance Unit JPY/USD   152.50 – 153.50   The Yen’s Slide and the Prospect of Intervention  The Japanese yen has entered a renewed phase of weakness, with the USD/JPY pair climbing nearly 5% over the past month to levels unseen since January. After months of relative summer stability, the move has reignited market speculation over potential intervention by Japan’s Ministry of Finance (MoF). According to Goldman Sachs, while ve

A Report by CYS Global Remit Human Resource Management Unit In today's fast-evolving financial landscape, innovation is no longer a luxury—it is a necessity. Organisational culture plays a pivotal role in shaping how ideas are generated, nurtured, and implemented. A culture that encourages innovation and creativity empowers employees to think beyond conventional boundaries, explore new solutions, and drive meaningful change. Without such a culture, even the most talented team

A Report by CYS Global Remit Digital Media Marketing Team Last week, our team from CYS Global Remit  attended SWITCH 2025 – the Singapore Week of Innovation and Technology , Asia's leading event that brings together innovators, entrepreneurs, and investors from across the world. The energy at the venue was electric, with ideas flowing freely and creativity on full display. Innovation With Impact: A New Direction This year's showcase revealed a clear shift in focus—innovation

A Report by CYS Global Remit FinTech Development Unit The financial industry is on the verge of a quantum revolution, set to redefine how international payments are made, secured, and optimized. As global trade accelerates, payment providers face increasing pressure to deliver faster, more secure, and cost-effective cross-border transactions. Traditional infrastructure is nearing its limits; in this context, quantum computing offers groundbreaking solutions to current challen

A Report by CYS Global Remit Office Facilities Management Unit Hong Kong Char Siew Rice is not just a meal; it's a vibrant bite of the city’s culinary soul, a delicious testament to its rich food heritage. Picture this: Char Siew, the Cantonese-style barbecued pork, with its glossy, caramelized glaze and tender, juicy interior. Served on a bed of fluffy white rice, accompanied by fresh, blanched greens, it’s the quintessential dish that fuels Hong Kong's bustling eateries.  W

A Report by CYS Global Remit Counterparty Sales & Alliance Unit USD/SGD   1.2975 – 1.3025   Fed Division Exposes Uncertainty in U.S. Monetary Outlook  The U.S. dollar extended its mid-week gains into Friday (Oct 31), after the Federal Reserve’s widely expected rate cut on Wednesday triggered a surprisingly hawkish market response. While the cut was largely priced in, the tone struck by Fed Chair Jerome Powell—combined with visible dissent within the Federal Open Market Commit

A Report by CYS Global Remit Customer Success Management Team In today’s rapidly changing financial landscape, compliance has evolved from a mere regulatory obligation into a strategic opportunity—and a potential competitive edge. For cross-border businesses and high-net-worth individuals, navigating the complex maze of ever-shifting rules, stringent KYC protocols, and tightening AML standards can seem daunting. But what if compliance could do more than just meet requirements

A Report by CYS Global Remit Digital Media Marketing Team If you've ever attempted to transfer funds in Chinese Yuan, also known as Renminbi (RMB, 人民币 ), you've likely discovered that it's a bit more challenging than handling transactions in US Dollars (USD). But what makes sending RMB trickier? Let's explore the key factors at play.  Regulations and Control  The foremost reason lies in strict regulations and government oversight. The Chinese government exercises vigorous con