Our client was applying for Payment Services permissions from the Central Bank of Ireland and required support in defining and documenting the Governance and Compliance framework.
Payment Services & Card/ Merchant Acquirers
Irish Payment Services Firm
Our client was applying for Payment Services permissions from the Central Bank of Ireland and required support in defining and documenting the Governance and Compliance framework.
Lysis provided a small team of experienced compliance SMEs to draft the required documents including Enterprise Wide Risk Assessment (EWRA), risk models and policies and then designed the overall control framework to be implemented.
A newly established digital bank required full regulatory permissions to operate as a licensed bank in the UK and to ensure compliance with EU PSD2 regulations.
Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
Our client was setting up a new online gaming licensing authority and sought a partner to advise on compliance requirements and develop its Governance and Compliance Framework.
