Malkit G Singh

Director & Specialist Leader, Banking Department II
Monetary Authority of Singapore

IBF Distinguished Fellow (2008)

Compliance

"Our learning journey is a lifelong one. With international standards on risk management continuously evolving, we cannot remain static but must keep up with the latest regulations and best practices globally. I believe in reading extensively on international practices, developments and standards relating to AML/CFT, as well as finance, on a wider front. I'm glad that I could help in enhancing the risk management practices and standards in Singapore to keep pace with the ever-changing environment."

Biography

Mrs Malkit G Singh is a Director & Specialist Leader in the Banking Department, Monetary Authority of Singapore (MAS). She started her career with MAS as a Forex Dealer in the Reserve Management Department, after which she moved on to supervision of banks. She has extensive experience in banking supervision. Malkit is a Specialist Leader on anti money laundering and countering financing of terrorism (AML/CFT) in MAS, responsible for AML/CFT matters in the financial sector. She is also a lead member of the MAS AML/CFT Peer Group, which is tasked to deepen and advance MAS' leading knowledge and expertise in the area of AML/CFT.

Malkit has, at the invitation of the IMF, given several presentations on AML/CFT Examination & Supervision of Financial Institutions to Asian and South Pacific banking supervisors in Sydney, Tokyo and Singapore, and to the ASEAN Judiciary in Kuala Lumpur. She has also participated in panel discussions organised by IBF, as well as presented in financial crime seminars conducted by ABS. On the international front, Malkit is a member of the AML/CFT Expert Group, under the Basle Committee on Banking Supervision. The AML/CFT Expert Group comprises senior banking supervisors from US, European and Asian supervisory authorities.

Malkit graduated from the National University of Singapore with a Second Upper degree in Economics.