E93: The Holy Grail: How does a banking licence impact compliance?

In the world of financial services, a banking license is like the Holy Grail – key to unlocking powerful capabilities like holding deposits, lending, managing mortgage books, and more.

But, there are numerous trials and hurdles standing in the way of obtaining it. And once you do, what about the criminals ready to exploit your shiny new licence?

Our expert host, Marit Rødevand is joined by Emma Hagan, soon-to-be UK CEO of Clearbank.

The pair discuss: the hurdles for compliance teams of the application process, what happens once you get a UK banking licence, and what new financial crime risks do you open yourself up to.

Producer: Matthew Dunne-Miles

Engineers: Dominic Delargy and Nicholas Thon.

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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 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, the AML Automation Cloud.

Get in touch at: [email protected]

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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.

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