AML/CFT Policy and Risk Assessments
|Department||Anti-Money Laundering Department|
|Preferred internship window||Summer Internship: May to August 2023|
|Description of Project||
To assist in the development of national-level risk assessments in relation to (i) virtual assets and (ii) legal arrangements, including reviewing money laundering and terrorist financing threats, vulnerabilities to the threats in Singapore, and reviewing regulatory/supervisory framework in Singapore.
To assist in review and drafting of legislation related to sanctions, conduct research such as literature review, cross jurisdictional comparisons on various AML Policy areas e.g. sanctions, virtual assets, beneficial ownership of legal arrangements/trusts.
|Expected deliverables for the project||Presentation on outcomes of risk assessment - (i) virtual assets, ii) legal arrangements, and draft sanctions-related legislation|
|Experience and/or skills that the intern(s) may gain from the internship||Through this internship, the intern will be able to glean a good understanding of MAS’ AML/CFT regulatory framework, be exposed to both policy thinking and articulation, and legislative drafting and processes.|
|Pre-requisites preferred from the intern(s)||
Ideal if the intern has some familiarity with topics mentioned, or has a passion for learning and exploring more about the ongoing/emerging developments in virtual assets (including DEFI/NFTs etc).
Exposure in relation to legal arrangements/trusts would be an advantage.
|Other Job Functions||Decentralised Finance (DeFi), Crytocurrencies
|Keywords related to the project||Anti-Money Laundering, Countering Terrorism Financing, Policy, Legislation, Sanctions, Virtual Assets, Trusts, Regulations|
|Apply Now||. Shortlisted candidates can expect to be notified within a month from the date of application.|