Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
Gaming Compliance
Global Gaming Operator
Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
Lysis provided a team of Compliance SMEs to review the backlog of alerts, discount those that were not suspicious and raise Suspicious Transaction Reports to the country’s Financial Intelligence Unit (FIU) where this was deemed necessary.
Following a review from the Financial Conduct Authority (FCA) in 2021, and a subsequent letter from the regulator, the client had to address a number of gaps that were identified by the regulator.
Our client was looking at options for the location of new Level 2 teams to support retail customers with affordability and suitability issues.
A large U.S. based end-to-end human resources management firm and Lysis delivered a solution for the newly established UK/EU subsidiary which forms part of the SEC regulated entity.
