A European Retail Bank with over 4000 employees globally had a tight regulatory deadline to review five years of transactions to identify suspicious transaction and cases of money laundering and/or terrorist funding.
Retail & SME Banking
Transaction Monitoring Remediations and Alert Backlogs
Lysis successfully identified deficiencies in the way in which the reviews of these cases had formerly been done which allowed the client to take positive remedial steps remain compliant with regulatory requirements.
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.
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 was in the middle of an extensive regulatory remediation for the Central Bank of Ireland and the remediation.
