SKS365 establishes board to oversee compliance efforts

30 July 2019

Planetwin365 operator SKS365 has moved to enhance its legal, compliance and anti-money laundering (AML) measures by establishing a new supervisory board.

Comprising four senior members, the supervisory board will now work with the operator’s legal, compliance and AML department, assuming responsibility for independent control, audit and risk management tasks across the business.

The board’s other responsibilities will include overseeing the security of IT networks and cashflow, as well as working to develop the operator’s internal control systems.

Massimo Ignesti, an international expert on security and terrorism financing, will serve as chairman of the board, with legal scholar Professor Ranieri Razzante to act as deputy chair.

Barrister Antonio Conte will also take a place on the supervisory board, as will cybersecurity expert and current president of the Cyber Security Commission of the Italian Atlantic Committee, Stefano Mele.

“We keep investing in compliance, risk management and internal controls," SKY365 Italian country manager and chief marketing officer Francesco Gaziano said. "In fact, we believe that compliance is a competitive lever and creates value by improving reputation, enhancing transparency, and reducing operational risk for the benefit of our customers and employees.

“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.”

The move marks the latest change to SKS365’s management structure, with the operator in January handing additional responsibilities to four senior managers following the departure of a trio of executives, including chief executive Ian McLoughlin.

Chief marketing officer Gaziano, chief product and technology officer Jim Parkins, chief people officer Brian Dean and chief commercial officer Troy Cox have taken on additional responsibilities.

In April, SKS365 also appointed Luca Grisci as its new director of retail as part of an effort to enhance its land-based operations, while the operator this month named former politician Maurizio Bernardo as its new senior strategic advisor for its core Italian market.