Strengthening financial crime controls and AML/CTF capability
A leading gaming operator was facing increasing regulatory scrutiny and needed to validate its financial crime controls to ensure risks were being effectively managed.
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Related Industries
Leisure, Gaming & HospitalityRelated Solutions
Implementation ServicesA leading gaming operator was facing increasing regulatory scrutiny and needed to validate its financial crime controls to ensure risks were being effectively managed.
At the same time, the business required support to uplift its Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) processes and address resourcing challenges within its AMLCO function.
How we helped
Our role
We were engaged to perform a comprehensive review of the organisation’s financial crime controls and provide advisory support to strengthen compliance across its AML/CTF obligations.
Controls testing and assurance
- Conducted an end-to-end review of internal controls, focusing on operational design and effectiveness related to internal fraud.
- Delivered eight detailed control workpapers, identifying five high-risk and 14 medium- and low-risk findings.
- Reviewed transaction monitoring rules and the quality assurance framework.
- Identified and remediated one ineffective process and six partially effective controls.
AML/CTF advisory
- Designed and performed a comprehensive ML/TF risk assessment.
- Enhanced existing process and procedure documentation.
- Delivered targeted training sessions to build internal capability.
- Provided a senior resource to act as interim AMLCO and lead the recruitment process.
Outcomes acheived
- Delivered a more robust and efficient AML/CTF framework, strengthening the organisation’s governance and operational resilience.
- Provided confidence in the effectiveness of financial crime controls through a phased, evidence-based testing approach.
- Improved clarity and efficiency, enabling the business to meet regulatory expectations and proactively manage risk.
