Our client was in the middle of an extensive regulatory remediation for the Central Bank of Ireland and the remediation.
Payment Services & Card/ Merchant Acquirers
Irish Payment Services Provider
Our client was in the middle of an extensive regulatory remediation for the Central Bank of Ireland. They asked Lysis to provide a highly experienced AML SME to provide input to an Enterprise Wide Risk Assessment (EWRA) and to lead development of a new Customer Risk Rating Methodology (CRRM).
Lysis personnel mapped the firm's business model to Irish regulation to ensure that all relevant regulations were covered and then provided input to the EWRA. We also lead the development of a revised CRRM.
Assessment and remediation of the client monies safeguarding arrangements at a UK EMI.
A listed UK-Based subprime lender offering lower value short term loans needed to enhance, redesign, and implement a new FC framework. Lysis provided the client with a understanding of risks, practical advice on risk mitigation, & robust policies.
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.
