Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.
Payment Services & Card/ Merchant Acquirers
Global Card Services Operator and Merchant Acquirer
Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls
Lysis reviewed the firm's business model and mapped it to UK regulations. We then mapped that to the firm's policies, processes and controls and documented evidence to demonstrate that the firm had suitable controls to meet its regulatory obligations. A small number of areas were found to be sub-standard and were remediated.
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.
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.
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.
