Our client had a substantial backlog of transaction alerts. They were concerned that these included a number of true positives that therefore indicated suspicious activity and required reporting.
Payment Services & Card/ Merchant Acquirers
Irish Payment Services Provider
Our client had a substantial backlog of transaction alerts. They were concerned that these included a number of true positives that therefore 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) for those that were suspicious.
Our client had been advised that their AML provisions were not up to the required standard and wished to remedy this before regulatory sanctions were imposed.
A U.K. based broker dealer required assistance with the management of their Financial Conduct Authority (FCA) issued Section 166 remediation notice.
Assessment and remediation of the client monies safeguarding arrangements at a UK EMI.
