PaySafeCard.com Case Study
PaySafeCard.com had applied for permission to issue E-Money in the UK, but was suffering delays due to a lack of appropriate UK compliance procedures. We reviewed their existing documentation and application, briefing them on the required changes and navigating them through the redesigns and amendments required. We also designed a personal development plan for the newly appointed MLRO, and provided the appropriate training and mentoring sessions. He was very successful in this position and was eventually promoted to the Board.