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.
A crypto asset business, a subsidiary of a US Nasdaq-listed company requested assistance with the process to obtain FCA registration. Lysis provided the client with a highly experienced MLRO and compliance team who worked with senior management to implement required controls and processes. The client was successful in obtaining FCA registration.
A UK branch of a prominent Middle Eastern bank operating in the wholesale and correspondent banking space. The bank is subject to UK regulatory oversight and provides services to a range of international clients.
A major wholesale and retail bank with global reach had deficiencies it is AML governance framework and consequently with its KYC operations.
