The Comply and Outperform Podcast

Hosted by KYC360

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Sep 2026

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Every month KYC360 are joined by an expert in the field to talk all things financial crime compliance, KYC and process optimisation. Hosted on Acast. See acast.com/privacy for more information.

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23 recent

September 30, 202626 min

GFSC Fines Utmost £1.96M - What Went Wrong?

The Guernsey Financial Services Commission's £1.96 million enforcement action against Utmost Worldwide is one of the most significant recent AML cases involving the life insurance sector. But beyond the headline fine lies a series of practical lessons for any firm responsible for managing high-risk customers, legacy books or ongoing customer due diligence. Join Stephen Platt, Founder and Executive Advisor, KYC360 and Tom Devlin, Managing Director, KYC360, for an in-depth examination of the regulatory findings, exploring where Utmost's AML framework failed and what compliance teams can learn from the case. The session will break down the weaknesses identified by the GFSC. Whether you work in insurance, wealth management or another regulated financial institution, this webinar will provide practical insights into strengthening AML controls, improving ongoing monitoring and avoiding the governance failures that can lead to significant regulatory action. Hosted on Acast. See acast.com/privacy for more information.

August 17, 202632 min

The PEP Screening Gaps Regulators Are Finding and How to Close Them

Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, for a practical guide to understanding PEP risk, evolving regulatory expectations and what effective PEP controls look like in 2026. PEPs exist as a risk category because individuals entrusted with prominent public functions may have access to public funds, influence, procurement decisions, licensing powers or state-owned enterprises. In 2026, firms continue to face pressure to get PEP screening right. Regulators expect firms to identify PEPs, family members and known close associates accurately, assess the risk they present, apply appropriate enhanced due diligence, obtain approvals where required, and monitor relationships over time. Firms also need to manage diverging global definitions, poor data quality, false positives, changes in PEP status, source-of-wealth questions, connected parties and ongoing monitoring across the customer lifecycle. This session outlines how firms can move from basic PEP matching to a more effective risk-based framework, with practical steps for improving screening quality, EDD, audit trails and ongoing review. Hosted on Acast. See acast.com/privacy for more information.

July 13, 202627 min

Navigating UK AML Reforms 2026

Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, for a practical guide to preparing for the UK’s most significant AML regulatory changes in years. The UK is implementing major AML reforms creating multiple deadlines. The Money Laundering Amendment Regulations 2026 fundamentally alter enhanced due diligence requirements, while the FCA prepares to supervise 60,000 professional services firms currently overseen by 22 different bodies. These changes respond to documented compliance weaknesses, with HM Treasury’s latest supervision report showing only 24% of accountancy firms and 29% of legal firms achieving full compliance with current money laundering regulations. This session outlines practical steps for navigating regulatory deadlines, updating compliance frameworks, and preparing for enhanced supervisory expectations. Hosted on Acast. See acast.com/privacy for more information.

June 8, 202622 min

The Future of Customer Due Diligence

Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, and Rob Cutler, Chief Growth Officer at Nexus AML, drawing on his extensive experience as an MLRO and Head of Financial Crime, for a data-led session on the true cost of manual onboarding and how automation is changing the picture for compliance teams across financial services. Hosted on Acast. See acast.com/privacy for more information.

April 28, 202626 min

Uncovering UBO

Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, for a practical session on identifying ultimate beneficial owners, navigating complex ownership structures and keeping pace with fast-moving global regulation. Hosted on Acast. See acast.com/privacy for more information.

March 26, 202620 min

Balancing Sanctions Volatility and Screening Efficiency in 2026

Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, for a focused discussion on balancing sanctions volatility and screening efficiency in 2026. Drawing on her background in the US national security and intelligence community, Shilo explores how rapidly shifting sanctions regimes, increasing divergence globally, and rising enforcement expectations are reshaping sanctions compliance. Secondary sanctions exposure remains widely misunderstood, particularly where indirect ownership and control risks intersect. At the same time, screening teams are under pressure to manage rising alert volumes, reduce false positives and demonstrate a defensible framework to regulators. Name matching alone is no longer sufficient where complex beneficial ownership structures and opaque networks obscure control. This session outlines practical steps to strengthen sanctions screening, manage secondary exposure and maintain operational efficiency in a volatile environment. Hosted on Acast. See acast.com/privacy for more information.

February 19, 202633 min

Nationwide AML Failures - What Went Wrong?

In December 2025, Nationwide Building Society was fined £44,078,500 by the UK Financial Conduct Authority (FCA) for deficiencies in its financial crime systems and controls. The FCA identified serious weaknesses in Nationwide’s AML framework between 1 October 2016 and 1 July 2021, including shortcomings in customer due diligence, customer risk assessment, and transaction monitoring. Nationwide was also aware that some personal current accounts were being used for business purposes, but lacked an adequate framework to manage the associated risks. One serious case involved a customer who received £27.36m in fraudulent Coronavirus Job Retention Scheme payments, including £26.01m deposited over just eight days. £820,687 remains unrecovered. This podcast explores the FCA’s findings, the specific control gaps that led to significant enforcement action, and the practical lessons for financial institutions. Hosted on Acast. See acast.com/privacy for more information.

January 29, 202628 min

Key KYC/AML Trends to Track in 2026

Drawing on her background in the US national security and intelligence community, Shilo discusses why 2026 is set to be a year of heightened scrutiny for KYC and AML. Customer risk shifts faster than periodic review cycles. Illicit finance is fragmenting into smaller, harder-to-spot flows. Sanctions continue to change quickly, and not always in sync across jurisdictions. AI is accelerating both sides of financial crime, enabling more scalable deception while raising expectations for explainable, auditable AI-powered controls. Discover the consequences of these changes, and the practical steps firms can take to stay ahead in 2026. Hosted on Acast. See acast.com/privacy for more information.

December 12, 202523 min

Redefining Customer Risk Management with CLM

Join Stephen Platt, Founder and CEO at KYC360, and Tom Devlin, Co-Founder and CCO, for a behind-the-scenes exploration of how Customer Lifecycle Management (CLM) is redefining customer risk management for financial institutions. Discover how KYC360’s CLM solution seamlessly integrates post-onboarding KYC processes, streamlines and automates periodic reviews, and delivers a comprehensive, real-time view of risk throughout every stage of the customer lifecycle. In this exclusive session, we will address pressing operational compliance hurdles associated with traditional periodic review models, highlight common pitfalls such as operational inefficiencies and data silos, and outline innovative strategies to elevate both efficiency and regulatory performance. Hosted on Acast. See acast.com/privacy for more information.

November 28, 202525 min

Key Lessons from Monzo’s £21m Fine

Join Shilo Grayson, Regulatory Strategy Specialist at KYC360, for an examination of the operational, cultural and governance failures that led to Monzo receiving a £21 million FCA fine for serious AML breaches. Drawing on her background in the US national security and intelligence community, Shilo breaks down how illicit finance networks exploit weak controls, what Monzo got wrong at each stage of the customer lifecycle, and why similar structural issues have surfaced at other fast-growth digital banks such as Starling Bank. Discover how these failures happened, why they persisted, and the practical steps firms can take to scale without repeating the same mistakes. Hosted on Acast. See acast.com/privacy for more information.

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