Project Overview:
This project ensures the successful development and launch of new technology initiatives while mitigating anti-money laundering (AML) risks.
Key Components
- Legal and Regulatory Assessment
- Review and assess the legal implications of new technological features or functionalities.
- Identify potential regulatory hurdles and develop strategies for navigating them.
- Contract Management
- Draft and negotiate contracts with third-party vendors involved in the project.
- Provide ongoing legal advice and support to the development team throughout the project lifecycle.
- Risk Evaluation
- Evaluate potential risks associated with the new technology, considering its design and functionalities.
- Develop and implement a comprehensive compliance program tailored to the specific technology and its use cases.
- Monitor transactions and activities for suspicious patterns that might indicate money laundering attempts.
Deliverables
- Detailed documents outlining the regulatory landscape and potential risks.
- Tailored to the specific technology.
- Reviewed and negotiated on behalf of the organization.
- Clear and continuous communication with the development team and other stakeholders throughout the project, ensuring informed decision-making.
- Proven experience in designing and implementing compliance programs.
- Ability to stay informed on emerging risks and mitigation strategies.
- Excellent communication and interpersonal skills.
- Strong teamwork and collaboration skills.
- Ability to work independently and manage multiple priorities.
- Problem-solving and critical thinking skills.
- Commitment to continuous learning.
- Experience working in the Web3 industry.
