A U.K. Branch of a major Asian bank needed an in-depth review and enhancement of their AML governance framework. Lysis conducted a success review and drafted all required policies & procedures, and established a KYC Target Operating model.
Corporate, Wholesale and Investment Banking
KYC Remediation
The client needed an in-depth review and enhancement of their AML governance framework.
Lysis conducted an end-to-end review and enhancement of the client's AML Governance Framework. Furthermore, Lysis redrafted their entire AML policies and procedures covering KYC, Trade Finance, Transaction Monitoring, Treasury Services, Sanctions and Retail. We also established and chaired board level committees and conducted an end-to-end review and enhancement of the retail division of the firm. Lysis managed a team of analyst to review all existing clients and established a new KYC Targeting Operating Model.
Lysis successfully reviewed the firm's AML governance framework and drafted all required AML policies and procedures and finally established an effective KYC Targeting Operating model.
Two global banks merged and Lysis was asked to manage the integration of the KYC Operations functions globally for the wholesale & Investment Banking division covering 200,000 customers and 65 countries.
A global securities house asked for help enhancing and streamlining its client on-boarding and AML TM capability and to off-shore certain parts of its AML processing.
Our client was setting up a new gaming licensing and taxation authority for a national government and sought external support to develop its Compliance and AML Framework.
