Our client was applying for Payment Services permissions from the Central Bank of Ireland and required support in defining and documenting the Governance and Compliance framework.
Payment Services & Card/ Merchant Acquirers
Irish Payment Services Firm
Our client was applying for Payment Services permissions from the Central Bank of Ireland and required support in defining and documenting the Governance and Compliance framework.
Lysis provided a small team of experienced compliance SMEs to draft the required documents including Enterprise Wide Risk Assessment (EWRA), risk models and policies and then designed the overall control framework to be implemented.
Following a review from the Financial Conduct Authority (FCA) in 2021, and a subsequent letter from the regulator, the client had to address a number of gaps that were identified by the regulator.
Our client was setting up a new online gaming licensing authority and sought a partner to on-board licensees and to manage the on-going governance and compliance operation.
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.
