Shows / The Laundry
The Laundry
The Laundry is a podcast about financial crime and what it does in the real world.
Each episode looks at AML (anti-money laundering), sanctions, compliance and global financial regulation through the stories making the news.
Hosts Marit Rødevand, Fredrik Riiser, and Robin Lycka talk with people from banking, fintech, regtech, compliance and investigative journalism. They read the headlines the way a compliance team would and follow money laundering and terrorist financing through to the people…
Episodes
The LaundryE87: This VAT loophole is funding criminal empires
The most dramatic criminal actions can often be hidden behind the dullest of language. 'VAT Refunds’ is unlikely to have your pulse racing – but hidden within…
The LaundryE86: How technology became a money laundering machine
Technology has drastically changed nearly every aspect our lives – but has it all been for the better? In this episode, we are spelling out the complex…
The LaundryE85: The line between humans and AI in fighting financial crime
Live on stage at VENUE81 in Stockholm, Sweden! AI is powerful tool in combatting financial crime and its impact can no longer be ignored. But where do we draw…
The LaundryE84: Connecting oligarchs to a sovereign wealth fund
What could link oligarchs and FATF grey-list countries to the world’s largest sovereign wealth fund? The Government Pension Fund of Norway, known more commonly…
The LaundryE83: Financial crime in the football industry
The beautiful game – a sport adored by billions across the world. Fans will buy their tickets on match days and pay for subscription packages to watch all the…
The LaundryE82: What keeps compliance professionals up at night?
This podcast is coming to you from the floor of Penningtvättsdagarna - Sweden’s biggest event focussed on professionals combating financial crime. So what…
The LaundryE81: Bull Run: Is crypto still the Wild West of compliance?
Whisper it quietly, but crypto might be back. The industry is feeling confident following a few tough years, with Bitcoin’s market value skyrocketing, bills…
The LaundryTrailer: We're a financial crime podcast, of course!
We're a financial crime podcast, and of course, we're jumping on a viral trend – but making it our own! The Laundry is back with 12 new episodes starting next…
The LaundryE80: De-banked SMEs: How 140,000 small businesses ended up on a banking blacklist
Some pretty shocking statistics surfaced recently from an enquiry by the UK’s Treasury Committee looking into access to finance. Obtaining data from eight UK…
The LaundryE79: How Wirecard's collapse shaped the future of whistleblowing
The Wirecard scandal has become the subject of legend in the financial industry. The German payments company, formerly worth tens of billions of euros…
The LaundryE78: The financial crime risks of Sweden’s cashless society dream
Sweden is the global poster-child of the journey to completely digital transactions – with the number of Swedes using cash falling from 39% in 2010 to just 9%…
The LaundryE77: Can compliance professionals tackle romance fraud?
You may have seen the Netflix documentaries, TikTok sagas, or long-read articles about charming con artists using elaborate stories to extract life savings…
The LaundryE76: The rise of state-backed gangsters
We are witnessing the birth of a new criminal class complicating life for authorities, AML professionals, and law enforcement. In today’s episode, our expert…
The LaundryE75: What Elon Musk needs to know about AML and compliance
Elon Musk, owner of ‘X’ (or Twitter), has announced plans to turn the social media platform into an app that is the centre of ‘someone’s entire financial…
The LaundryBonus: Økokrim og DNB om utfordringene, samarbeidet og veien videre
(Episode in Norwegian) I denne spesielle bonus-episoden tar vi for oss en nyhetssak som har dominert flere norske medier den siste tiden – nemlig utfordringene…
The LaundryE74: Sanction Me Not: The evolving landscape of sanctions in 2024
Roses are red, violets are blue. Sanctions are working – or is that statement untrue? With global tensions rising; sanctions have moved from the subjects of…
The LaundryE73: Know Your Donor: How elections are influenced by dark money
Every political election is pitched as the biggest and most significant – but in 2024, more than half the world's population (that’s four billion people) will…
The LaundryE72: How do we stop MLRO burnout?
Money Laundering Reporting Officers are a vital component of financial services - a crucial link between companies, the risks they face, and the authorities…
The LaundryE71: Exposing the money laundering secrets of the insurance industry
Ask yourself: What are the first three words that come to your mind when you think of insurance? Security? protection? safety? I doubt many would think: money…
The LaundryE70: 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…
The LaundryE69: Trump, sanctions, narcotics: Predicting the fight against financial crime in 2024
In Phillip K. Dick’s classic sci-fi novel Minority Report, by the year 2054, future crimes are predicted and solved before they happen using psychic abilities…
The LaundryTrailer: Make The Laundry your New Year's resolution!
The podcast connecting AML, compliance and financial crime to the real world is back with 12 fresh episodes – with your hosts Marit Rodevand and Fredrik…
The LaundryBonus: Live fra DNB's Banksjefseminar: Fremtidens AML
(Episode in Norwegian) Velkommen til en innsiktsfull bonus-episode tatt opp live fra DNB sitt Banksjefseminar. I denne episoden samler vi noen av de fremste…
The LaundryE68: Deepfakes, de-banking, OCGs: The financial crimes stories that mattered in 2023
It’s our final episode of the season and it’s time for some reflection at the end of the 2023! While financial crime continues to make big headlines all over…
The LaundryE67: One year on: How ChatGPT is supercharging financial crime
November 30th marked exactly a year since the launch of OpenAI’s ChatGPT. Since then we’ve seen: a record 1 million users in just five days, now more than 180…
The LaundryE66: How Russian money still flows through Europe
Following the invasion of Ukraine in 2022, Russia became the most-sanctioned country in the world – with more than 14,000 sanctions currently in place. Despite…
The LaundryE65: KYC in 2024: What should be on your roadmap?
Due Diligence, Enhanced Due Diligence, Ongoing Due Diligence, Know Your Customer, and Know Your Business – if you’re reading this then you’re more than likely…
The LaundryE64: Can we kill the scam call for good?
You receive a call. Your account has been compromised – you need to move all your funds to a different secure account. The person on the other end is from…
The LaundryE63: De-banking: What is a PEP, anyway?
If you’ve picked up a British newspaper, switched on the TV, logged on to social media, or attended a political party conference – there is one word you will…
The LaundryE62: How money laundering is fuelling Sweden’s gang crime epidemic
With over 130 bomb attacks, a record numbers of shootings, and a criminal network estimated to include over 30,000 individuals – Sweden is in the grip of an…
The LaundryE61: Why the UK should pay attention to the Economic Crime Bill
Let’s face it. When it comes to money laundering – the UK is a serious player! If money laundering was an olympic sport – research suggests that the UK would…
The LaundryE60: I went from a life of crime to an anti-corruption hero
Our guest for this episode is unique to The Laundry so far! In 2007, he was convicted under the Foreign Corrupt Practices Act for the kind of financial crimes…
The LaundryE59: Exposing the dark money at the heart of UK universities
The University of Oxford is currently *the* top higher learning institution in the world and two more British universities also make it into the top 10…
The LaundryE58: Can banks tackle human trafficking?
Human trafficking is one of those terms which hides a lot of human suffering. Estimates put the number of people trafficked globally at around 27 million –…
The LaundryE57: How can compliance keep the legal world ethical?
Law firms are responsible for some of the largest transactions globally – from M&As, to real estate deals, to setting up new companies. But no money movement…
The LaundryWelcome to The Laundry
From fine art to global wars – financial crime is everywhere! So, how does the industry keep up, who are the people fighting crime on the front line, and what…
The LaundryE56: How crypto fuels the deadly fentanyl epidemic
You've probably seen the disturbing images in the news—people appearing like zombies, ravaged by the ruthless grip of the deadly drug, Fentanyl. In this…
The LaundryE55: How to combat Trade-Based Money Laundering
Dive into the complexities of Trade-Based Money Laundering (TBML) in this insightful episode. Join us with our guest, Bruce Viney, the Director of Financial…
The LaundryE54: Why compliance teams can't afford to miss the AI train
In this week's episode, we speak with Patrick Skjennum, CTO of Strise, to delve deep into the fascinating world of Generative AI and its potential impact on…
The LaundryE53: Why banks are increasingly worried about the shipping industry
In this episode, we're diving into the murky world of shipping and its challenges for banks. With little oversight and a global reach, the maritime industry…
The LaundryE52: Money launderer's friend or enemy? We invited ChatGPT to our podcast.
Welcome to a special episode where we're thrilled to announce a very famous guest, ChatGPT! In this thought-provoking discussion, we delve into the complex and…
The LaundryE51: The dark secrets of North Korea's cyber army
Get ready to uncover the secrets of one of the world's most notorious hacking groups - The Lazarus Group. In this episode, we chat with investigative…
The LaundryE50: Combining intelligence and sanctions: Uncovering the next move of criminals
Join us as we sit down with Jørgen Holmlund, who brings over 25 years of experience in intelligence, to discuss sanctions and intelligence work. This episode…
The LaundryE49: Silicon Valley Bank: A risk management nightmare?
In this episode, we'll take a closer look at the collapse of Silicon Valley Bank (SVB), one of the biggest US bank runs in over a decade. We'll examine how the…
The LaundryE48: AML trends 2023 and beyond
Last week we hosted, The Laundry Live - a live-streamed community event featuring subject-matter experts such as; Louise Brown, Graham Barrow, Gregory Dellas…
The LaundryE47: The episode the money launderers don't want you to hear
Join us as we uncover the truth behind Britain's 'kleptocracy capital'. Award-winning and investigative journalist Oliver Bullough joins this week's The…
The LaundryE46: The key takeaways from FCG's AML State of Play report
In this week's episode, we're deep-diving into FCG's "AML State of Play report", a comprehensive study of the AML practices of ten of Denmark's largest…
The LaundryE45: How effective are neobanks' financial crime controls?
In 2022, the FCA (Financial Conduct Authority in the UK) raised the possibility that criminals may take advantage of the speedy onboarding process of…
The LaundryE44: How the ridiculous UK business register fuels financial crime
Guess where the business name 'Adolf Tooth-Fairy Hitler' is registered? Registering a business at Companies House, the official business registry in the UK is…
The LaundryE43: How Vipps MobilePay turns compliance into a competitive advantage
As Head of Risk and Compliance at Vipps MobilePay, one of Europe's largest fintech companies, Silke Øverby knows that compliance is more than just a cost…
The LaundryE42: Is the EU's new UBO ruling a Christmas gift to criminals?
The EU's new Ultimate Beneficial Ownership (UBO) ruling has been making headlines all over Europe. At first glance, it appears to be a major win for those who…
The LaundryE41: Dette må du vite om den nye veilederen til hvitvaskingsloven
(Episode in 🇳🇴) Finanstilsynet publiserte nylig et oppdatert rundskriv til hvitvaskingsloven som gir uttrykk for Finanstilsynets tolkning og…
The LaundryE40: How Danske Bank keeps up with the evolving sanctions measures.
The financial frontline of Russia's war in Ukraine runs through the offices of overworked sanctions officers at banks and financial institutes everywhere. It's…
The LaundryE39: How a naive compliance culture opened the doors for money-laundering.
This week's special guest is Swedbank's former Chief Compliance Officer Viveka Strangert, also known through media as the "whistleblower" in the massive money…
The LaundryE38: How do we move from ‘1%’ to greater AML efficiency?
Billions are invested in KYC, but only 1% of money laundering is stopped. So why is that? This week we have AML expert Louise Brown from Financial Compliance…
The LaundryE37: Crypto - the biggest Ponzi scheme ever?
Now the popular crypto exchange FTX is bust, and crypto is plummeting. What happens next? We've invited the biggest crypto sceptic of them all to The Laundry…
The LaundryE36: The 3 main challenges in corporate transaction monitoring.
(Episode in 🇬🇧) In today's episode, we go through Magnus' report on corporate transaction monitoring. We also include tips on what banks can do to uncover…
The LaundryE35: Bedriftsovervåkning gjennom Økokrims øyne.
Denne uken har vi besøk av leder i enheten for finansiell etterretning (EFE) i Økokrim, Sven Arild Damslora. Jobben til teamet hans er å ta i mot rapporter fra…
The LaundryE34: Why a siloed approach to AML, fraud and cyber crime no longer works.
Cybercrime and financial crime are moving closer and closer together. A growing number of cyber-attacks are believed to be the work of organised crime and…
The LaundryE33: What is the next frontier in AML?
Banks and financial institutions at the forefront are moving into the next frontier of AML. They focus on four primary areas, which we look more closely at in…