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Clarity and control over your bank's exposure to crypto financial crime risk
Identify what your controls miss - and what it's costing you.
The problem leaders in FEC and Compliance don't see
Most banks assume their financial crime controls sufficiently mitigate crypto-related risk. In reality, few can clearly demonstrate how effective or efficient those controls truly are. What’s missing is control clarity.
This isn’t simply a lack of knowledge or expertise. The real issue is fragmentation. Responsibility for crypto-related risk is spread across multiple teams—KYC, Transaction Monitoring, Compliance, —without clear ownership. As a result, controls are inconsistent, misaligned, and often ineffective.
The consequence is twofold: material client integrity risks remain undetected or insufficiently mitigated, while operational costs continue to rise.
This gap becomes critical. Criminal use of crypto is accelerating across money laundering, sanctions evasion, terrorist financing, and fraud. At the same time, banks are under pressure to reduce costs, increase automation, and apply a truly risk-based approach.
Without clarity, neither objective is achievable.

What this means for your bank:
  • High risk crypto exposure increases without visibility
  • False comfort replaces real control
  • Operational costs rise due to inefficiencies
  • Regulatory expectations are not met

Symptoms of inefficient or ineffective controls:
  • No clear implementation of crypto in SIRA/EWRA or risk appetite leading to increased residual risks
  • KYC guidance is generic and not connected to risk appetite, leading to inconsistent risk classification of clients
  • Large amount of false positives in TM leading to unnecessary manual labor
  • Superficial assessment of Crypto Source of Funds / Source of Wealh leading to the acceptance of clients that should be having an unacceptable risk classification
  • Poor evidencing leading to high risk and costly client offboarding procedures.
CASE EXAMPLE:
A retail client is transacting with multiple crypto-asset service providers. Though, the bank has not identified the counterparties as crypto-asset service providers, failing to generate a TM alert for this increased risk. This means:
  • no investigation of the transaction in TM and possible SAR-filing
  • no review of the clients risk classification in KYC
  • underreporting of volume and values of clients transactions from or to high-risk counterparties, like crypto-asset service providers
  • Incomplete management information
Introducting: Crypto Control Clarity
Crysk helps banks understand whether they are truly in control of crypto financial crime risk — and what that is costing them. Crypto Control Clarity is built upon years of experience, helping multiple Tier1 banks achieve cost reductions and improved effectiveness, first hand.
What you gain:
  • Full visibility of where your bank is facing exposure of crypto financial crime risk
  • Clarification of control gaps
  • An overview of suggested actions leading to control clarity, reduced costs and improved effectiveness

Who is this for:
  • Heads of Financial Economic Crime
  • Heads of Financial Crime Compliance
  • Heads of KYC
  • Heads of Transaction Monitoring
Ready to take the first step?
Contact Crysk for a free Crypto Control Clarity intake. Once started, the solution includes a questionnaire, interviews and potential document review, leading to a tailored Crypto Control Clarity-report. The main findings and actions can be presented to your leadership.
In addition and when requested, Crysk can support your bank with the execution of follow-up actions, usually leading to delivering a crypto risk framework and training.
Meet Eric Groothedde, founder of Crysk
Eric founded Crysk in the autumn of 2023, building on years of experience in senior leadership roles across both banking and crypto. Since launching the firm, he has partnered with leading financial institutions—including Rabobank and ABN AMRO—to design and strengthen executive‑level financial crime controls for crypto.
The experience gained from shaping and delivering these multiyear programs forms the foundation of Crypto Control Clarity. This solution enables Crysk to support more clients with proven, real‑world methods rather than theoretical models—bringing clarity, structure, and actionable results to crypto financial‑crime risk management.
Contact Information
E-mail
info@crysk.eu
Phone
+31 6 12 62 38 33
Chamber of Commerce
The Netherlands, 93817851
© 2026 Crysk