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.
Our client wished to gain an ACPR Payment Institution license in France and asked for Lysis' assistance to prepare all the documents and for general support during the application process.
A global bank, following a substantial cross-boarder banking merger, had two separate KYC/AML firms, policies, & IT infrastructures and need help with the harmonisation process.
A European Retail Bank with over 4000 employees globally had a tight regulatory deadline to review five years of transactions to identify suspicious transaction and cases of money laundering and/or terrorist funding.
