We provide regulatory advisory, financial crime risk assessments, compliance programme development, operational support, and managed services, ensuring that retail banks can meet regulatory obligations, mitigate financial crime risks, and improve operational efficiency.

Our Expertise Covers:

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Regulatory Compliance & AML Frameworks

Retail banks must comply with strict anti-money laundering(AML) and counter-terrorist financing (CTF) regulations, including:

• Financial Conduct Authority (FCA) AML rules

• UK Money Laundering Regulations (MLR)

• EU AML Directives

• US Bank Secrecy Act (BSA) and FinCEN regulations

• Basel III risk management frameworks

Lysis helps banks develop and enhance risk-based AML programmes, ensuring compliance with:

• Customer due diligence (CDD) and enhanced due diligence(EDD) processes

• Transaction monitoring and suspicious activity reporting(SARs)

• Politically Exposed Persons (PEP) and sanctions screening

• Financial crime governance and regulatory reporting

Know Your Customer (KYC) & Customer Due Diligence(CDD)

Retail banks must verify customer identities, assess risks,and monitor accounts to detect illicit activity. We help banks implement:

• Automated KYC/CDD processes to streamline onboarding

• Risk-based customer segmentation for tailored due diligence

• Ongoing monitoring for high-risk customers and transactions

• Remediation of legacy KYC backlogs

Sanctions Screening & Financial Crime Risk Management

Retail banks must prevent transactions involving sanctionedindividuals, entities, and jurisdictions. Lysis provides:

• Sanctions screening solutions for real-time customer andtransaction checks

• Risk exposure assessments and controls for sanctionscompliance

• Policy frameworks aligned with UK, EU, US (OFAC) and UNsanctions regimes

Fraud Detection & Prevention

Retail banking faces constant threats from fraud, includingidentity theft, account takeover, and payment fraud. Lysis supports banks with:

• Enterprise-Wide Risk Assessments (EWRA) to identifyvulnerabilities

• Fraud risk mitigation frameworks

• Transaction monitoring and AI-driven fraud detection

• Training on fraud red flags and typologies

Governance, Risk & Compliance (GRC) Frameworks

Strong governance is critical for regulatory compliance inretail banking. Lysis helps firms establish:

• Board-level compliance governance structures

• Three Lines of Defence (3LoD) risk management models

• Operational resilience and risk oversight frameworks

Operational Support & Managed Services

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Lysis provides specialist operational support to retailbanks, including:

• KYC remediation and backlog clearance

• Transaction monitoring and quality assurance (QA)

• Interim compliance officers and MLROs

• Regulatory audit preparation and reporting

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