Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls.
Payment Services & Card/ Merchant Acquirers
Global Card Services Operator and Merchant Acquirer
Our client wished to ensure that it had all UK regulatory requirements covered by policy, procedures and controls
Lysis reviewed the firm's business model and mapped it to UK regulations. We then mapped that to the firm's policies, processes and controls and documented evidence to demonstrate that the firm had suitable controls to meet its regulatory obligations. A small number of areas were found to be sub-standard and were remediated.
A London based financial institution with global reach asked Lysis to perform a review of their AML governance framework.
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.
Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
