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 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.
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.
