E116: Why remediation projects are spiking!

Many institutions are running at one hundred miles an hour to keep up with compliance, new regulations, and sanctions.

But sometimes, it’s crucial to slow down and ensure everything is running smoothly before you’re forced to slam on the brakes.

Remediation projects act as a critical tune-up, helping financial institutions stay ahead of fines, money laundering risks, and threats to customer funds.

Our expert host, Marit Rødevand, is joined by Steve Lamb, COO of Kyckr, and Eoin Davis, Director of Consulting Division at Davies, to discuss: why remediation projects are spiking!

The panel discuss: the factors making banks and financial services re-think their processes, the impact of big fines, and the challenges when getting remediation projects off the ground.

Producer: Matthew Dunne-Miles

Editor: Dominic Delargy

Engineer: Nicholas Thon

____________________________________

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, Fredrik Riiser, and Robin Lycka – this podcast features renowned experts from 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.

Get in touch at: [email protected]

Subscribe to our newsletter, Fresh Laundry, here.

The views, opinions, and statements expressed by guests of this podcast are solely their own and do not necessarily reflect the views, opinions, or positions of the podcast hosts, The Laundry team, or Strise.

Hosted on Acast. See acast.com/privacy for more information.