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.
Payment Services & Card/ Merchant Acquirers
Global Card Services Operator and Merchant Acquirer
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.
Lysis conducted a review of the firm's AML Governance and Compliance capabilities and then authored changes to the framework and policy and procedure documents in order to ensure they met the new requirements and were fit for purpose for the evolving business model. We then worked with the firm to embed the new processes and controls including setting up a new European Risk Committee and defining its membership and terms of reference.
A US corporate bank in the UK needing BAU On-boarding resources
A listed UK-Based subprime lender offering lower value short term loans needed to enhance, redesign, and implement a new FC framework. Lysis provided the client with a understanding of risks, practical advice on risk mitigation, & robust policies.
A successful regulatory turnaround for a UK EMI and crypto firm, restoring FCA permissions and avoiding administration under new leadership.
