A Report by CYS Global Remit Legal & Compliance Office Part 3: Regulatory Landscape and Compliance Obligations Introduction Singapore’s role as a regional trade and financial hub brings stringent expectations for AML/CFT execution. Compliance leaders must align TBML controls with local and international standards, embedding trade risk into a risk-based framework that spans onboarding, screening, monitoring, and reporting. Regulatory Anchors Relevant to TBML Several core pilla

A Report by CYS Global Remit Counterparty Sales & Alliance Unit JPY/SGD 7.88 – 7.90 Japanese authorities have renewed warnings that they are prepared to intervene in currency markets as the yen weakened beyond ¥163 against the US dollar, reaching its lowest level in nearly four decades. The yen's decline has also been felt in Singapore, where the Singapore dollar has climbed to record or near-record levels against the Japanese currency. The move highlights the broad-based n

A Report by CYS Global Remit FinTech Development Unit Every time money crosses a border, certain information about the sender and recipient must travel with it. Here's what the Travel Rule is, why it exists, and what the latest updates mean for businesses and individuals. A Rule With Deep Roots The Travel Rule — formally known as FATF Recommendation 16 — has governed international bank transfers since 2001. Its core requirement is straightforward: when money moves between fin

A Report by CYS Global Remit Digital Media Marketing Team For decades, business success has often been measured by one number: Revenue. Higher sales meant growth. Growth meant success. And success meant the business was heading in the right direction. While that thinking still holds true, today's business environment is telling a different story. Increasingly, some of the strongest companies are not necessarily those growing the fastest—they are the ones managing their cash

A Report by CYS Global Remit Human Resource Management Unit Setting the Foundation for Employee Success Starting a new job is a defining moment in any employee’s journey. The first few weeks often shape how individuals perceive their role, their team, and the organization as a whole. A well-structured onboarding process can set the tone for long-term success, while a poor experience may lead to uncertainty and disengagement. At CYS, we recognize onboarding as more than just a

A Report by CYS Global Remit Digital Media Marketing Team Why Smart Businesses Are Rethinking Cross-Border Payments When businesses look at cross-border payments, they usually focus on three things. Exchange rates. Transfer fees. How quickly the money arrives. That's understandable. After all, every international payment appears as another business expense. But what if we've been looking at cross-border payments from the wrong perspective? What if the real question isn't,

A Report by CYS Global Remit Counterparty Sales & Alliance Unit USD/SGD 1.2875 – 1.2925 The past week in G10 FX was characterised less by broad directional moves and more by subtle shifts in relative performance. While the US dollar ended the week modestly stronger against most major currencies, underlying price action reflected diverging domestic fundamentals rather than a broad-based flight into the greenback. The dollar continued to draw support from resilient US economi

A Report by CYS Global Remit Network Admin Support Team Apple's annual Worldwide Developers Conference unveiled iOS 27, macOS Golden Gate, a brand-new Siri, and a wave of AI-powered features. Here's a plain-English guide to what's worth paying attention to. The Headline: Siri Gets a Serious Upgrade For years, Siri was the butt of voice assistant jokes. That era may finally be ending. At WWDC 2026, Apple unveiled Siri AI — an entirely rebuilt version of its assistant that is,

A Report by CYS Global Remit Office Facilities Management Unit Few dishes tell the story of migration and shared culture as vividly as roti prata. Though now deeply associated with everyday life in Singapore and Malaysia, roti prata traces its roots to South India, where a similar layered flatbread known as parotta has been made for generations. Indian Muslim traders and labourers carried the technique overseas during the colonial era, and over time, the dish evolved into the