A U.K. Branch of a major Asian bank needed an in-depth review and enhancement of their AML governance framework. Lysis conducted a success review and drafted all required policies & procedures, and established a KYC Target Operating model.
Corporate, Wholesale and Investment Banking
Financial Crime Framework Review and Enhancement
Lysis conducted an end-to-end review and enhancement of the client's AML Governance Framework. Furthermore, Lysis redrafted their entire AML policies and procedures covering KYC, Trade Finance, Transaction Monitoring, Treasury Services, Sanctions and Retail. We also established and chaired board level committees and conducted an end-to-end review and enhancement of the retail division of the firm. Lysis managed a team of analyst to review all existing clients and established a new KYC Targeting Operating Model.
A major wholesale and retail bank with global reach had deficiencies it is AML governance framework and consequently with its KYC operations.
Seamless KYC & AML Systems Integration for a Leading Specialist Bank
Our client wished to outsource the Client On-Boarding and AML Operations for its merchant acquiring business in Europe, replacing their current major global outsourcing partner.
