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 global financial services firm engaged Lysis Group to support a strategic review of its Financial Crime Risk Management Framework (FCRMF). The review was driven by the need to assess the effectiveness, alignment, and maturity of the firm’s current financial crime controls across key domains.
A major European wholesale and investment bank with global reach asked for help meeting customer classification requirements.
Lysis reviewed the exchange’s AML/CTF framework which resulted to a successful maturity assessment review.
