Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
Payment Services & Card/ Merchant Acquirers
UK Payment Services Provider
Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
Lysis provided a team of compliance experts to review the AML framework, governance and operating model and to provide a report summarizing the strengths and weaknesses found. The report also included recommendations to fix areas that were considered below par. The board of the firm accepted the report and Lysis was then asked to draft enhanced AML framework documents, policies and procedures.
Our client was looking at options for the location of new Level 2 teams to support retail customers with affordability and suitability issues.
A UK branch of a prominent Middle Eastern bank operating in the wholesale and correspondent banking space. The bank is subject to UK regulatory oversight and provides services to a range of international clients.
A major bank with two major trading entities wished to decrease time-to-trade processing overheads for new customers and for new products for existing customers.
