A UK domiciled crypto exchange with global reach had a regulatory requirement for crypto Money Laundering Reporting Officer (MLRO) support.
Crypto & Digital Assets
Governance & Compliance Framework/ Section 166/ SMCR
A UK domiciled crypto exchange with global reach.
A regulatory requirement to have expert crypto Money Laundering Reporting Officer (MLRO) support.
Lysis provided on-going support to fulfil the role of MLRO and the nominated officer which included being the point of escalation for all financial crime related matters, reviewing and taking ownership of anti-money laundering (AML) and counter financing of terrorism (CFT) policies and procedures. Lysis also managed the annual reporting and enterprise-wide risk assessment and provided on going board-level guidance on day-to-day regulatory matters.
Lysis successfully completed the risk management of AML/CTF matters for a U.K. and ensured Financial Conduct Authority (FCA) temporary registration for a major crypto exchange.
A major Egyptian bank with UK operations had a requirement to identify possible AML and CTF gaps and suggested improvements.
A large U.S. based end-to-end human resources management firm and Lysis delivered a solution for the newly established UK/EU subsidiary which forms part of the SEC regulated entity.
A UK-based Crypto custodian with a global reach need to meet a regulatory requirement for all personnel to undergo specific training successfully delivered by Lysis.
