A US corporate bank in the UK needing BAU On-boarding resources
Corporate, Wholesale and Investment Banking
Client On-Boarding and AML Managed Service
A US corporate bank in the UK
The firm’s business was growing rapidly and they needed additional medium-term resource in the BAU On-boarding team.
Lysis provided a number of experiencedon-shore Client Outreach and CLM/AML analysts to supplement the BAU team. This has enabled the bank to meet itsregulatory obligations and business growth targets.
Lysis designed and implemented a compliance monitoring framework for a UK-regulated EMI. The aim of the framework was to ensure ongoing compliance with the Electronic Money Regulations 2011 (EMRs), including with the Money Laundering Regulations 2017 (MLRs).
Assessment and remediation of the client monies safeguarding arrangements at a UK EMI.
A major European wholesale and investment bank with global reach was put under a Section 166 order due to regulatory concerns regarding their KYC and AML controls.
