As global governance and compliance experts, Lysis Advisory has an extensive track record of helping firms to successfully achieve and maintain regulatory permissions and compliance by focusing on providing consulting services across the governance and compliance landscape with the dual objectives of reducing the short and long-term costs linked to compliance whilst ensuring regulatory requirements are met.
successful projects
countries supported
Helping firms to work successfully with regulators and to achieve/ maintain efficient and effective Regulatory and anti-Financial Crime Compliance
All firms should be vigilant in identifying and protecting themselves against potential money laundering activities.
Explore serviceAssisting firms to determine their exact level of compliance and to identify the various controls to reach a level of realignment
Explore serviceImplementing the CLM Efficiency model could help you achieve total savings of 58% in their third years
Explore serviceDesigning effective policies and supporting the writing of procedures to ensure compliance and operational efficiency
Explore serviceSeamless operational, systems, and data integration for mergers and acquisitions (M&A).
Explore serviceA financial crime framework outlines the regulatory compliance standards that are relevant to the firm, and the required internal controls needed to comply with these standards.
Explore serviceWe assist firms to obtain the required regulatory permissions to conduct regulated activities. We can write or advise on governance and compliance frameworks and documentation and assist firms in implementing them and demonstrating that they are embedded and that controls are working. We can also assist with the structuring and evidencing of effective governance arrangements and support the regulator-liaison journey throughout the process.
Explore serviceWe understand the challenges during each step of a Section 166 review in the UK and similar reviews in other jurisdictions. We can support our clients with an experienced team of highly skilled individuals who understand the scope of the review and the reviewer’s and regulator’s expectations.
Explore serviceWe have the necessary experience to advice firms regarding the design of effective risk rating methodologies, policies and the writing of supporting procedures to ensure compliance and operational efficiency, in line with the strategic business objectives.
Explore serviceLysis’ CLM consulting services include Target Operating Model (TOM) definition, systems and data source selection and implementation and CLM process efficiency improvements.We also have the necessary skills and experience to assist your firm to compile, review and optimise FC controls across the entire CLM process since we focus on the overall chain of client activities. The objective is to encourage retention, improve customer experiences, and maximise profitability for the firm while remaining fully compliant.
Explore serviceWe assist firms in selecting the right Regulatory Technology (RegTech) that is aligned with their bespoke operational requirements because we know first-hand that, over time, firms develop both generic and unique operating characteristics.
Explore serviceLysis has extensive experience of conducting governance reviews and assisting firms to improve the structure and documentation of their governance arrangements. We have also helped multiple firms with the Senior Managers and Certification Regime (SMCR) in the UK and advised on the Senior Executive Accountability Regime (SEAR) in Ireland.
Explore service
A new to market crypto asset business domiciled in Ireland received a regulatory requirement from the Central Bank of Ireland to design and embed a financial crime, AML/CTF, governance framework.
A UK-crypto asset subsidiary of a Nasdaq-listed firm in the U.S. has a requirement to review their anti-money laundering (AML) policy framework and idetify possible gaps in line with FCA requirements.
A large operator of bank infrastructure wanted to develop a shared operating model and managed service for client lifecycle management (CLM), anti-money laundering (AML) and Know Your Customer (KYC).
A crypto asset custodian based in the U.K. with global reach approached Lysis with the request to assist them with the process to obtain registration from the FCA which would enable them to operate in the UK market as a crypto asset business. Due to the holding company’s strong global footprint, part of the FCA requirements for registration included the need for a UK based money laundering reporting officer (MLRO).
An international payment company with offices in major European hubs outsourced KYC service provision was unsatisfactory. A significantly enhanced and more effective capability was developed by Lysis.
Our client had a requirement to review and update its AML Framework to take account of the Fifth Money Laundering Directive and also some changes in its business model.
Our client was in the middle of an extensive regulatory remediation for the Central Bank of Ireland and the remediation.
A global wholesale bank wished to select and implement a strategic, scalable, flexible client lifecycle management application that would be able to support the customer assessment requirements of its KYC and MiFID programmes as part of its Compliance framework.
A major global FTSE-100 financial services firm had one month to shape, scope and plan a 60-project programme of work in response to a Section 166 Skilled Persons Report requested by the Financial Conduct Authority (FCA). The firm also had to deliver all 60 projects over a twelve-month period with sub-deliveries due each month.
Seamless KYC & AML Systems Integration for a Leading Specialist Bank
A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
A major credit card company required the design and implementation of a bespoke iteration of the iMeta client on-boarding and lifecycle management system to meet specific business needs.
A leading Contract of Differences (CFD) broker, part of a larger financial services conglomerate believed they had a market-leading CFD platform and wished to white-label to smaller brokers and potential competitors to offer to their customers.
Following a review from the Financial Conduct Authority (FCA) in 2021, and a subsequent letter from the regulator, the client had to address a number of gaps that were identified by the regulator.
Our client was setting up a new online gaming licensing authority and sought a partner to advise on compliance requirements and develop its Governance and Compliance Framework.
Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.
A major European wholesale and investment bank with global reach asked for help meeting customer classification requirements.
A large operator of bank infrastructure wanted to develop a shared operating model and managed service for client lifecycle management (CLM), anti-money laundering (AML) and Know Your Customer (KYC).
Our client was looking at options for the location of new Level 2 teams to support retail customers with affordability and suitability issues.
Two global banks merged and Lysis was asked to manage the integration of the KYC Operations functions globally for the wholesale & Investment Banking division covering 200,000 customers and 65 countries.
SERVICE CAPABILITIES
All firms must review their AML and broader FC programmes on a regular basis to ensure that their programme conforms to current regulatory requirements and is fit for purpose. With increasingly sophisticated criminals and ever changing legislation, all firms should be vigilant in identifying and protecting themselves against potential financial crime activities.
clients we have assisted with their Financial Crime Compliance activities
average industry experience per expert
SERVICE CAPABILITIES
Lysis’ CLM consulting services include Target Operating Model (TOM) definition, systems and data source selection and implementation and CLM process efficiency improvements.We also have the necessary skills and experience to assist your firm to compile, review and optimise FC controls across the entire CLM process since we focus on the overall chain of client activities. The objective is to encourage retention, improve customer experiences, and maximise profitability for the firm while remaining fully compliant.
SERVICE CAPABILITies
We assist firms to obtain the required regulatory permissions to conduct regulated activities. We can write or advise on governance and compliance frameworks and documentation and assist firms in implementing them and demonstrating that they are embedded and that controls are working. We can also assist with the structuring and evidencing of effective governance arrangements and support the regulator-liaison journey throughout the process.
LEADING EXPERTISE
We have an extensive track record of helping firms to successfully achieve and maintain FC compliance
Lysis has extensive experience of conducting governance reviews and assisting firms to improve the structure and documentation of their governance arrangements. We have also helped multiple firms with the Senior Managers and Certification Regime (SMCR) in the UK and advised on the Senior Executive Accountability Regime (SEAR) in Ireland.
We have the necessary experience to advice firms regarding the design of effective risk rating methodologies, policies and the writing of supporting procedures to ensure compliance and operational efficiency, in line with the strategic business objectives.
We understand the challenges during each step of a Section 166 review in the UK and similar reviews in other jurisdictions. We can support our clients with an experienced team of highly skilled individuals who understand the scope of the review and the reviewer’s and regulator’s expectations. We can support our clients to maximise the effectiveness of their responses to the reviewer. Unfocussed responses often lead to an excessively negative audit report and higher than necessary regulatory sanction. Our expertise also includes thorough preparations for regulatory visits. Finally if a regulatory visit or Section 166 review leads to a significant remediation programme we have experience of planning and executing remediation programmes across the full governance, risk and compliance arena.
We assist firms in selecting the right Regulatory Technology (RegTech) that is aligned with their bespoke operational requirements because we know first-hand that, over time, firms develop both generic and unique operating characteristics.
