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.
Payment Services & Card/ Merchant Acquirers
Irish Payment Services Firm
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.
Lysis provided a small team of experienced compliance SMEs to draft the required documents including Enterprise Wide Risk Assessment (EWRA), risk models and policies and then designed the overall control framework to be implemented.
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.
Although the client is based in the US, they have European subsidiaries which include the UK and therefore required Financial Conduct Authority (FCA) registration. In order to obtain registration as a crypto asset firm in the U.K. they had to comply with specific FCA requirements.
A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
