We work with financial services firms, both
buy-side and sell-side, and RegTech firms to identify, test and implement
new innovations with an objective of streamlining and lowering the costs
associated with AML and CLM processing.
A Norway-based crypto broker registered with the Norwegian Financial Authorities. The client had rapidly scaled its operations to meet growing demand in the crypto sector but faced increasing regulatory scrutiny from both national and European regulators.
Lysis designed and implemented a compliance monitoring framework for a UK-regulated EMI. The aim of the framework was to ensure ongoing compliance with the Electronic Money Regulations 2011 (EMRs), including with the Money Laundering Regulations 2017 (MLRs).
Lysis enabled a major US crypto exchange to achieve UK FCA registration through full regulatory transformation, governance design, and compliance support.
A successful regulatory turnaround for a UK EMI and crypto firm, restoring FCA permissions and avoiding administration under new leadership.
Our client wished to gain an ACPR Payment Institution license in France and asked for Lysis' assistance to prepare all the documents and for general support during the application process.
A crypto asset business, a subsidiary of a US Nasdaq-listed company requested assistance with the process to obtain FCA registration. Lysis provided the client with a highly experienced MLRO and compliance team who worked with senior management to implement required controls and processes. The client was successful in obtaining FCA registration.
A crypto asset custodian based in the U.K. with global reach approached Lysis with the request to assist them with the process to obtain registration from the FCA which would enable them to operate in the UK market as a crypto asset business. Due to the holding company’s strong global footprint, part of the FCA requirements for registration included the need for a UK based money laundering reporting officer (MLRO).
A UK domiciled crypto exchange with global reach had a regulatory requirement for crypto Money Laundering Reporting Officer (MLRO) support.
A new to market crypto asset business domiciled in Ireland received a regulatory requirement from the Central Bank of Ireland to design and embed a financial crime, AML/CTF, governance framework.
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.
Assessment and remediation of the client monies safeguarding arrangements at a UK EMI.
Lysis reviewed the exchange’s AML/CTF framework which resulted to a successful maturity assessment review.
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.
Qadeem is the Head of Innovation at Lysis Group. A seasoned entrepreneur with over 15 years of consulting experience in wholesale financial markets, having held various leadership roles across client lifecycle management. Qadeem has partnered with a range of major institutions on their fintech portfolios including HSBC Innovation Bank, Silicon Valley Bank, JP Morgan, RBS, Mizuho and Ebury, driving both innovation and operational efficiency. Earlier in his career, Qadeem co-founded a mobile tech startup at the forefront of digital disruption. The venture raised significant investment, including $15M from BT for a 17% equity stake, and secured many strategic partnerships with global brands such as IBM, Microsoft, Nokia and Vodafone.
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Mark has been CEO of digital and challenger banks in the UK. In 2016 he co-founded Chetwood Bank which he steered to launch and beyond, through multiple funding rounds and to successfully achieving regulation from the UK PRA and the FCA. In 2023 he became co-CEO of digital bank Ziglu, overseeing its re-finance and in parallel successfully resolved multiple issues (including a Section 166) with the UK regulators resulting in permissions being restored. Prior to founding Chetwood Mark was a partner at CapCo and a Managing Principal at TCA Consulting.
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Matthew has extensive experience of global crypto markets and their regulation. He has deep knowledge and experience of both Financial Services and Fintech/Tech VC /CVC deal flow and M&A and is an expert in digital and crypto assets, ICOs, Stablecoins and STOs. He has a keen interest in digital identity, APIs, Open Banking, PSD2, ML & AI applications, cloud infrastructures, sandboxes and start up ecosystems. He advises on their role in transforming legacy platforms, payment & settlement networks, capital markets, securities and asset management with full consideration of corporate governance, regulation and policies and institutions including Basel II, Dodd-Frank, MiFID 2, FATF.
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