Elevate Your AML and Anti-Financial Crime strategy with expert consultancy and safeguard your business with Ophion Risk – A boutique consultancy with decades of practitioner experience in protecting businesses against criminal threats, exploitation, and regulatory risk.

Ophion’s suite of consultancy services are designed to empower businesses with the knowledge, tools, and confidence to tackle financial crime. We are committed to fostering longstanding relationships, delivering value and excellence, and ensuring that our client’s operations and strategies not only meet regulatory expectations, but are also robustly protected against exposure to unacceptable levels of Money Laundering, Terrorist/Proliferation Financing, Fraud, and other financial crime risk, and exploitation for the purposes of facilitating criminal activities.

Take the first step towards strengthening your AML, CTF/PF and AFC frameworks. Schedule a consultation and discover how Ophion’s expertise can benefit your business.

AML, CTF, and FinCrime Strategy Development

Crafting comprehensive strategies that address your unique risk profile and regulatory requirements, including transformation/change projects, mitigation action plans, roadmaps, and post-enforcement contingency and continuity planning

AML, CTF, and FinCrime Risk Assessment and Management

Conducting robust risk assessments to identify vulnerabilities and implement effective risk management practices, supported by a documented methodology and vigorous testing programme

AML, CTF, and FinCrime Policy and Procedure Development

Developing clear, actionable policies and procedures that comply with regulatory standards, developments, and best practices

Customer Due Diligence (CDD, SDD, and EDD) Framework Development

Assisting in the establishment of robust CDD, KYC, and Enhanced Due Diligence processes to verify and monitor your individual and corporate clients

Regulatory Compliance Audits and Assurance

Performing detailed audits to evaluate your compliance status and recommend strategies and remedial actions to support board assurance

Training and Capacity Building

Providing specialised training programs to enhance your team’s capability in managing AML and AFC risks at all lines of defence

Corporate Governance

Supporting Nominated Officers and MLROs in managing high risk workloads to effectively discharge their regulatory duties and responsibilities, and to reinforce the business against exploitation and exposure to criminal activity

Retail Gambling and iGaming

In today’s fast-evolving regulatory landscape, robust Anti-Money Laundering (AML) and Anti-FinCrime (AFC) strategies are paramount for compliance and protecting your business integrity.

As a boutique consulting firm of award-winning AML and Anti-Financial Crime experts, Ophion brings extensive experience and a deep understanding of the complexities within the in the retail casino, betting and gaming, and iGaming sectors.

Partner with Ophion to fortify your defences against financial crime and ensure adherence to jurisdiction-applicable legislative and regulatory requirements.

Why choose Ophion?

In-depth Industry Expertise

With decades of AML, CTF, Fraud prevention and AFC practitioner experience in the regulated gambling sector (UK, EU, EMEA and US), Ophion Risk Consultants have honed their skills in identifying, analysing, and mitigating risks associated with Money Laundering, Terrorist/Proliferation Financing, Fraud, and Criminal Lifestyle Spend. 

Ophion’s expertise ensures your business remains compliant with the latest legal obligations, regulatory requirements, and industry best practices.

Tailored AML, CTF/PF, AFC, and Regulatory Compliance Solutions

Every sector, business model, and customer demographic of the gambling industry is unique, and so are its challenges.

Ophion offer bespoke consultancy services that are specifically tailored to meet the needs of retail betting and gaming and iGaming operators.

From risk assessments and policy development, to training and system implementation, Ophion provide solutions that align with your business objectives and regulatory obligations.

Proactive and Dynamic AML, CTF/PF, and AFC Risk Management

Stay ahead of potential threats with a proactive and dynamic approach to AML risk management. Ophion assists in the establishment of robust AFC frameworks and controls to detect and prevent ML, TF/PF, Fraud, financial crime, and Criminal Lifestyle Spend, safeguarding your assets and reputation. 

Ophion’s services include supporting the expansion of comprehensive AML/CTF/Fraud/Financial Crime programmes, Suspicious Activity Reporting, and CDD/KYC/SDD and Enhanced Due Diligence regimes.

Regulatory Compliance

Navigate the complexities of the UK, EU, US, and EMEA regulatory environments with confidence. Ophion provides expert guidance on complying with relevant domestic AML, CTF/PF, Fraud, Economic Crime, ABC, and Sanctions regulation and legislation, and international best practices by ensuring that your policies and procedures are compliant and effective in mitigating risks. 

Ophion consultants are longstanding UK Gambling Commission Personal Management Licence (PML) holders with in-depth experience and understanding of regulatory assessments, engagements, and expectations.

Corporate Governance

Ophion provide expert advisory and execution to support Nominated Officers/MLROs and Heads of AML in the discharge of their duties and responsibilities to meet regulatory requirements and board expectations.

 

We also provide support in the development of internal Operational Guidance and other comprehension collateral to empower your teams in the interpretation of high-level AML, CTF/PF and POC policies and procedures into practical application and technical compliance.

Limitless Lab - Training and Awareness

Empower your teams with the knowledge and skills necessary to combat financial crime in the gambling industry. 

Ophion offer bespoke, targeted and role-specific training programmes that cover essential AML and AFC topics, equipping your employees with the tools they need to protect themselves and your business against criminal threats, legal liabilities, and regulatory risks.

Ophion training sessions are designed to enhance awareness and foster a positive culture of AML, TF/PF, Fraud prevention and AFC compliance within your organisation.

Enterprise-Wide/Corporate AML Risk Assessments

Ophion undertake rigorous qualitative and quantitative assessments of the AM/, CTF/PF, Fraud and Economic Crime risks, vulnerabilities, threats, and trends specific to organisational size, nature, complexity, and customer demographic, through identification and analysis of the inherent AML risks unique to your business from established, applicable risk sources against your internal AML control framework.

Ophion have extensive experience in the formulation of AML Risk Assessments and the development of the institutional AML Risk Assessment methodologies and Control Frameworks.

  • Risk evaluation specific to the operator’s customer demographic, jurisdiction of operation, delivery channel(s), product and services.
  • Performance of gap-analysis and other detailed comparison of internal policies, procedures, systems and controls against compliance with applicable legislation, regulation, and sanctions regimes.
  • Report production detailing the degree of any perceived exposure, and the proposed controls to strengthen the operator’s Risk Control Library and Framework.
  • Production of proposed new product, service, technology, business practice, and delivery channel AML Risk Assessments (i.e., pursuant to MLR2019 Regulation 19(4)9c) – Either standalone assessments, or for integration into the wider annual corporate ML, TF/PF, Fraud and Financial Crime Risk Assessment

AML, CTF/PF, and AFC Policies, Procedures & Control Frameworks

Ophion instil gaming operators with confidence in the efficacy, effectiveness, integrity, and credibility of their AML Control Framework by conducting detailed qualitative and quantitative evaluations, gap-analyses, and stress-testing of existing policies and procedural documentation to protect the business and drive operational efficiencies.
Ophion Risk Assessments ensure AML policies, procedures, systems, and controls are technically compliant with regulatory obligations and expectations, align with organisational risk appetite, and mitigate risk identified in the course of the ML, TF, and FC Risk Assessment process.
  • AML process and procedure integrity testing
  • Gap analysis, testing, and metrics
  • Analysis of AML and DD procedural workflows
  • Support with AML and EDD Remediation Projects
  • Advice regarding third party sanctions, PEP, and Adverse Media screening systems and configurations
  • Transformation and change projects, post-enforcement contingency and continuity strategies and action planning

Customer Risk Assessment & Enhanced Due Diligence

At Ophion, Customer Risk Assessment, risk profiling, and Enhanced Due Diligence are our specialities. 

We provide end-to end guidance and support for operators in all facets of customer risk; from the initial CDD, KYC customer acquisition and onboarding stages, through to Enhanced Due Diligence case resolution.

We develop processes that achieve legal and regulatory compliance, meet regulatory expectations, yet streamline and minimise the frictional impact of conducting Enhanced Due Diligence on the customer experience.
  • Enhanced Due Diligence Report Production
  • Acquisition and Onboarding Processes
  • Initial Customer Risk Profiling (holistic approach with weighted scoring)
  • Enhanced Due Diligence Strategy, Policies and Procedures
  • PEP, Sanctions Exposure, and Adverse Media Alert evaluation advice
  • Effective Internal Risk Threshold-setting
  • Exponential Risk Identification (Qualitative and Quantitative Customer Risk Assessment)
  • Customer Demographic Analysis and Metrics
  • Quality Control Reviews
  • Sample Testing Sessions
  • Standard-setting against regulatory obligations and industry best practices
  • Objective Risk Framework Health Check
  • Remediation Projects

AML Risk Appetite Statements

Ophion Risk assist the board in the generation of a formalised, documented Risk Appetite Statement, defining AML risk tolerances and setting internal parameters, ensuring consistency of risk management and ownership, and effectively underpinning and communicating the AML compliance culture of the organisation.

We work at the corporate governance level, to provide support in respect of all stages of Risk Appetite Statement development and risk tolerance and benchmarking, demonstrating to the regulator that the operator understands (and can articulate) their tolerance for risk, and that commercial strategic objectives and decisions are commensurate with, and developed through consultation and consideration of the organisation’s Risk Appetite Statement.

FinCrime Solution Consultation – Retail Gambling/iGaming

Are you a company with a new or existing AML/KYC/CDD/EDD/Fraud platform, product, service or solution that you are looking to launch, expand, or diversify into the retail betting and gaming/iGaming industry?

Schedule a live demonstration of your platform, product, or presentation of your service with one of Ophion’s highly experienced consultants for a review and evaluation. In this consultation, Ophion will –

Examine the features, specifications, and capabilities of the product/service, and provide advice on how it could be optimised or improved for application in the gambling industry
Identify and communicate any potential issues you may encounter from a regulatory perspective (specific to the relevant/jurisdiction-specific regulatory environment of your operations)
Suggest improvements, developments, or potential weaknesses/vulnerabilities of the product/service for your consideration
Highlight any impressive or proprietary features and/or capabilities (in comparison to existing competitor products/services in the sector/industry) to focus your USPs
Provide general feedback on the aesthetics, ergonomics, and functionality of the product compared to pre-existing competitors in the gambling space
Discuss the viability of the pricing model of the product/service against others in the gambling market

Ophion deliverables include a high-quality report of the assessment findings to enhance your product or services’ operational efficiency, scalability, and market credibility in the gambling and iGaming industry.


Multiple consultations can be scheduled over time for products in development.

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