

A significant UK and US corporate bank with questions around the quality of the firm’s AML capabilities and customer files
Corporate, Wholesale and Investment Banking
KYC Remediation
A significant UK and US corporate bank
The bank had grown rapidly and an audit in late 2020 raised questions about the quality of the firm’s AML capabilities and customer files.
Lysis worked with the bank’s AML compliance and AML operations team to provide the following services:

Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.

Our client wished to outsource the Client On-Boarding and AML Operations for its merchant acquiring business in Europe, replacing their current major global outsourcing partner.

A UK-based online bank that provided multicurrency accounts for cross-border European transactions. The client wanted to enhance their customer on-boarding experiences and improve their CLM process.