E70: How to spend a financial crime compliance budget

The start of a new year often means money is flowing and big plans for the new year are being put into place.

Statistics from LexisNexis suggest £34.2 billion is spent each year on financial crime compliance by financial services in the UK.

So how do you make sure that all spending is going in all the right places?

In the latest episode of The Laundry – our expert host, Marit Rødevand, is joined by Emma Hagan, Chief Risk and Compliance Officer at ClearBank.

Together they discuss: the challenges of getting a budget signed off internally, the essential spending for banks and financial services of all sizes, and the room for experimentation.

Producer: Matthew Dunne-Miles

Engineers: Dominic Delargy, Nicholas Thon

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This February, we’re asking: KY-Be My Valentine?

We’re recording The Laundry live on February 8th at Shoreditch Studios in London – bringing you killer keynotes, expert guests, hot takes, and networking too.

If you can’t make it to London, we’ll also be streaming the whole thing on February 9th on Youtube.

• Join us in-person
• Join us on the livestream

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The Laundry podcast: Dive deep into the intricacies of financial crime, AML (anti-money laundering), compliance, sanctions, and the ever-evolving landscape of financial regulation.

Hosted by Marit Rødevand and Fredrik Riiser – this podcast features renowned experts from sectors such as banking, fintech, compliance, and investigative journalism.

Together, they shed light on the industry's trending topics, analyse mainstream news through a compliance-focused lens, and connect the fight against financial crime to its real-world consequences and ramifications.

The Laundry is proudly produced by Strise, an AML Automation Cloud..

Get in touch at: laundry@strise.ai

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