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
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.
A large U.S. based end-to-end human resources management firm and Lysis delivered a solution for the newly established UK/EU subsidiary which forms part of the SEC regulated entity.
