Category Singapore

Transaction Monitoring  ·  October 2026  ·  Singapore Notice 626 puts ongoing monitoring in paragraphs 6.19 to 6.26 and then reaches into COSMIC, group policy, records and audit, so monitoring has to work across a bank group. MAS Notice 626 transaction…

Transaction Monitoring  ·  October 2026  ·  Singapore COSMIC lets Singapore banks share customer red flags, and Notice 626 makes that information part of each participating bank’s own monitoring decisions. MAS COSMIC transaction monitoring changes who a bank learns from. COSMIC,…