Effective Client On-Boarding and Client Lifecycle Management
Despite increasing regulatory directives and heightened awareness of the importance of KYC and AML, many firms still struggle to control these critically important business functions. We recognise that many firms, while keen to automate these highly complex policies and procedures, are often unwilling or unable to commit the significant investment typically needed to solve the challenges of being compliant with the demands of Know Your Customer (KYC) and the Anti-Money Laundering (AML) regulatory directives. To address this urgent requirement, Lysis and iMeta have come together to create a new one stop Managed Service solution which supports a firm’s entire on-boarding and Client Lifecycle Management (CLM) requirements.
Money Laundering Risks in the Australian Real Estate Industry
Australia’s real estate market is fertile ground for criminals looking for money laundering opportunities. This white paper covers several key themes such as the current government legislation regarding the real estate industry (or lack thereof), a comparison of Australia’s AML framework with five countries’ best-practice approaches, and a number of recommended strategies for addressing the deficiencies.
Case Study: LYSIS & NAPIER Transaction Monitoring
Lysis Operations Case Study. The challenge: A requirement to have an effective transaction monitoring framework, operational controls and processing to manage and monitor payments across Europe and to establish a solution which can adapt and iterate with the constantly-changing regulations and requirements.