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 major European wholesale and investment bank with global reach was put under a Section 166 order due to regulatory concerns regarding their KYC and AML controls.
A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
Lysis reviewed the exchange’s AML/CTF framework which resulted to a successful maturity assessment review.
