Waystone Compliance Solutions

Waystone Compliance Solutions is an international compliance consulting provider that supplies outsourced MLRO and Compliance Officer functions, including AML/KYC and licensing support. Its office is at 4th Floor, 35 Shelbourne Road, Ballsbridge, Dublin, Ireland.

Services

Six services are listed:

• outsourced MLRO or Compliance Officer;
• AML/KYC outsourcing;
• AML framework;
• AML training;
• remediation;
• regulatory authorisation.

The mix suits regulated firms that need a named compliance function without hiring one, and applicants who have to build an AML framework and present it to a regulator. Remediation applies where an existing programme has gaps after an inspection or internal review.

Markets

The profile lists fifteen countries and regions: the United Kingdom, Singapore, Hong Kong, the United Arab Emirates, the Cayman Islands, the United States, Ireland, Luxembourg, Switzerland, France, Germany, Bermuda, Canada, the Philippines and India. The European Union is also named as a market. Which services are available in which country, and through which entity, should be confirmed with the firm.

Who it suits

The offer fits payment institutions, EMIs, funds and other regulated companies that want to outsource MLRO and compliance work or prepare a licence application.