Our client was setting up a new gaming licensing and taxation authority for a national government and sought external support to develop its Compliance and AML Framework.
Gaming Compliance
A National Gaming Licensing and Taxation Authority
Our client was working with a national government to set up a new gaming licensing and taxation authority and sought external support to develop a Compliance and AML Framework suitable for assessing applicants for gaming/gambling licenses and on-boarding successful applicants.
Lysis worked with our client to define an appropriate risk management approach for the potential licensees and then developed and documented a Compliance and AML Controls Framework to deliver the risk model and support the on-boarding and on-going monitoring of successful applicants.
One of our client's banks has flagged areas of our client's Ant-Money Laundering (AML) Governance and Compliance operation as a potential cause for concern. Our client asked Lysis to perform an independent review for them to establish if anything was genuinely wrong.
A major wholesale and investment bank with global reach was placed under a Section 166 order regarding their KYC and AML controls.
A U.K. based broker dealer required assistance with the management of their Financial Conduct Authority (FCA) issued Section 166 remediation notice.
