Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
Gaming & Gambling
Global Gaming Operator
Our client had a large backlog of increasingly old transaction alerts that potential indicated suspicious activity and required reporting.
Lysis provided a team of Compliance SMEs to review the backlog of alerts, discount those that were not suspicious and raise Suspicious Transaction Reports to the country’s Financial Intelligence Unit (FIU) where this was deemed necessary.
Our client had a requirement to review and update its AML Framework to take account of the Fifth Money Laundering Directive and also some changes in its business model.
A major bank with two major trading entities wished to decrease time-to-trade processing overheads for new customers and for new products for existing customers.
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.
