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.
A U.K. Branch of a major Asian bank needed an in-depth review and enhancement of their AML governance framework. Lysis conducted a success review and drafted all required policies & procedures, and established a KYC Target Operating model.
Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
Lysis provided project management, senior & junior BA and domain expert expertise for a Fen-E to Fen-X Fenergo migration. Our team worked with client stakeholders.
