A London based financial institution with global reach had Lysis preform an AML Health Check.
Crypto & Digital Assets
A London based financial institution with global reach.
Lysis deployed a team of AML and regulatory specialists to carry-out a review of the firm’s governance framework relating to AML. They also reviewed all policies and procedures relating to AML, ABC and sanctions and reviewed and tested all operational processes and systems relating to AML including KYC and transaction monitoring. In addition, Lysis interviewed all key staff from executive management to operational staff in order to establish the level of understanding and cultural awareness around AML and compliance. They further tested the Three Lines of Defence model in the firm to review its effectiveness.
Lysis deployed a team of AML and regulatory specialists to carry-out a review of the firm’s governance framework relating to AML. They also reviewed all policies and procedures relating to AML, ABC and sanctions and reviewed and tested all operational processes and systems relating to AML including KYC and transaction monitoring.In addition, Lysis interviewed all key staff from executive management to operational staff in order to establish the level of understanding and cultural awareness around AML and compliance. They further tested the Three Lines of Defence model in the firm to review its effectiveness.
Lysis met and exceeded the client’s expectations and provided the client a comprehensive understanding of the risks within their business and offered practical advice on how to mitigate these risks by having proportionate controls in place. Lysis also provided the client with robust policies and procedures that were based on best practice, to enable the client to conduct business in a regulated environment and stand them in good stead for future growth. As a result of the quality of work, Lysis was appointed as the “Partner of Choice” to support the client with all financial crime related challenges, throughout the period of growth and rapid transformation.
A UK-based specialist bank that is primarily a specialist mortgage lender to retail clients. The bank also provides both small business and personal finance. They needed assitance to ensure that their new and exisiting client books comply with AML regulations.
A leading Contract of Differences (CFD) broker, part of a larger financial services conglomerate believed they had a market-leading CFD platform and wished to white-label to smaller brokers and potential competitors to offer to their customers.
A major wholesale and investment bank with global reach was placed under a Section 166 order regarding their KYC and AML controls.
