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 & Gambling
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 London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
Two global banks merged and Lysis was asked to manage the integration of the KYC Operations functions globally for the wholesale & Investment Banking division covering 200,000 customers and 65 countries.
