Chon Yoong Lai
AML & Sanctions Expert
Chon Yoong has joined a well known FinTech company in Payment Industry as an AML & Sanctions Expert in 2021, focusing on international AML and Sanctions business governance. He used to be working in Standard Chartered Bank (SCB) over ten years for several units including business finance, global digital alliances and global personal & preferred segment. He has been focusing on performance management, retail product value propositions, mobile payment initiative partnered with listed telecommunication company and cost optimisation initiatives throughout Retail Bank, Private Banking and SME Segment. The last role was to lead project, process and governance team for various risk exposures including AML, Sanctions, FATCA, CRS, Tax Compliance, Fraud Risk, Cyber Security, Data Privacy and Operational Risk. His main objective is to ensure mentioned risk exposures are mitigated with automated systems and better monitoring processes. Prior to joining SCB, Chon Yoong has worked for PricewaterhouseCoopers (PwC) over four years as an external auditor covering several listed groups of companies in oil & gas, pipe lining, construction and property development industries.