Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.
Payment Services & Card/ Merchant Acquirers
Global Card Services Operator and Merchant Acquirer
Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls
Lysis reviewed the firm's business model and mapped it to UK regulations. We then mapped that to the firm's policies, processes and controls and documented evidence to demonstrate that the firm had suitable controls to meet its regulatory obligations. A small number of areas were found to be sub-standard and were remediated.
A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
Following a review from the Financial Conduct Authority (FCA) in 2021, and a subsequent letter from the regulator, the client had to address a number of gaps that were identified by the regulator.
A global bank, following a substantial cross-boarder banking merger, had two separate KYC/AML firms, policies, & IT infrastructures and need help with the harmonisation process.
