SKS365 Group creates AML supervisory body
Independent group will monitor AML and company compliance at sports betting operator
Italy-focused sports betting operator SKS365 Group has created a supervisory body which will be charged with overseeing the group’s legal, compliance and AML activities.
The new independent body will work with SKS365’s existing compliance, legal and AML departments and is tasked with providing independent control, audit and risk management tasks.
It will oversee the security of the operator’s IT networks and cash flows, the risk management function and will also work alongside the AML/MLRO to further develop SKS365’s internal control systems.
Four individuals have been appointed to the supervisory body, with retired police brigadier general Massimo Ignesti appointed as chair.
Current president of the Italian association of anti-money laundering and special advisor to the parliamentary anti-mafia commission, Professor Ranieri Razzante, has been appointed to the post of deputy chair.
Italian lawyer Antonio Conte and cybersecurity expert Stefano Mele was also named to the supervisory body.
SKS365 country manager Francesco Gaziano said compliance is a “competitive lever” for the business, adding value to an operator’s reputation while enhancing transparency and reducing operational risk.
“For SKS365 it is essential that we offer to our customers a safe, fair and open environment where they can enjoy our entertaining product and share our passion for sports,” Gaziano added.
Read more about SKS365’s new focus on its corporate culture here.