Corylated

With the Financial Action Task Force (FATF) preparing toassess the UK again, Lindsey and Rachel examine whether the recent flurry of announcements and reforms amount to meaningful progress or political window-dressing. They explore persistent weaknesses in financial intelligence, beneficial ownership transparency, professional supervision, payment firms, MLRO oversight and whistleblower protection, and taking a look at  whether regulators are doing enough to identify illicit finance and hold its enablers to account.
Chapters
00:00 Welcome to Compliance Corylated
00:50 Why FATF’s forthcoming UK visit matters
02:09 New government funding—and reasons for scepticism
05:13 The UK’s enduring £100 billion illicit-financeestimate
06:41 FATF’s longstanding concerns and offshore transparency
09:43 Moving professional-body AML supervision to the FCA
11:00 Economic crime reform and Companies House identity checks
12:51 Progress on information sharing and scam prevention
15:41 What current cases reveal about gaps in UK controls
16:27 The Prince Group and the role of professional enablers
19:09 A jailed beneficial owner and regulatory blind spots
23:19 Why payment firms deserve closer FATF scrutiny
25:06 Crypto side hustles, fake firms and weak vetting
29:26 MLRO interviews, turnover and regulatory oversight
31:36 The risks of part-time and fractional MLROs
37:04 Whistleblowing data and the enforcement gap
39:22 Why whistleblowers may not feel safe speaking to the FCA
44:19 Financial crime enforcement, sanctions and repeatfailures
47:00 Invisible supervision and limited feedback
49:00 Which rocks should FATF pick up?
51:50 What the UK needs to prove

Links
Sanctions reveal UK role in illicit crypto flows; regulator serves cease-and-desist orders
A wealth of financial crime control failures
No restrictions on UK, Cyprus CFD provider whose owner awaits US trial for money laundering
Prince Group reporting from Radio Free Asia
If you enjoyed this episode of Corylated, please subscribe,leave a review and get in touch with your feedback and ideas for future episodes.Contact: editorial@corylated.com
Website: www.compliancecorylated.com

In this episode of Corylated, founding editors Lindsey Rogerson and Rachel Wolcott revisit the theme from the podcast's first episode: the growing push for deregulation across financial services in the drive for growth. Eighteen months on, they assess how policymakers in the UK, EU and US are pursuing growth and competitiveness agendas by revisiting, simplifying and, in some cases, removing regulatory requirements.

Topics discussed:

The rise of "deregulatory FOMO" and whether jurisdictions are engaged in a race to cut rules.

The relationship between compliance, culture, enforcement and long-term growth.

Crypto regulation, MiCA, industry lobbying and the future of digital asset supervision.

The rollback of sustainability and ESG reporting requirements against the increasing evidence of climate risk.

Plans to simplify trade and transaction reporting in the UK and EU.

The consequences of scaling back regulatory tools such as Section 166 reviews, SMCR requirements and AML controls.

As always, Rachel and Lindsey explore what these changes mean for compliance professionals, regulators and firms navigating an increasingly uncertain regulatory environment.

Contact: editorial@corylated.com
Website: www.compliancecorylated.com

And Corylated is back! (Almost) In this bonus episode founding editors Lindsey Rogerson and Rachel Wolcott revisit some of their favourite moments from the first 30 episodes.
They share clips of Professor Guido Palazzo, investigative reporters Adam Cruise and Ilia Shumanov as well as Neil Giles, president of the TraffikAnalysis Hub. They chat about conduct and culture, safe to speak up, wildlife and human trafficking, Russian leaks and climate. And share some of what they'll be covering when the podcast returns September 29.

Contact us: editorial@corylated.com
www.compliancecorylated.com

What’s next for crypto, payments, and fintech in Asia? In this episode, Rachel Wolcott and Niece Prayoonrat unpack the biggest trends and insights from the Singapore FinTech Festival 2025—from stablecoin regulation and TradFi–DeFi partnerships to cutting-edge cross-border payment systems and anti-scam measures. Tune in for the key takeaways shaping the global financial landscape. Niece talks about crypto’s victory lap at SFF and key players in attendance, BIS’s Nexus Project demo, Singapore’s new anti-scam framework and China’s influencer licensing regime.
Links
Global regulators target ‘cultural’ fragmentation in digital assets
Crypto giants are in love with US GENIUS Act
TradFi players seek to become ‘banks for banks’ for crypto firms
Circle: quality of stablecoins drives ‘true’ adoption
Contact us
editorial@corylated.com
www.compliancecorylated.com
www.corlytics.com

In this episode, founding editors Rachel Wolcott and Lindsey Rogerson sit down with Adam Cruise, a South African investigative journalist whose work exposes realities of wildlife trade and conservation policy. Adam shares insights from the acclaimed documentary Trade Secret, which uncovers how legal wildlife trade often fuels illegal trafficking, with devastating consequences for species like polar bears, lions, and rhinos.
The conversation explores the complex web of international agreements, including CITES (Convention on International Trade in Endangered Species), and the troubling role of euphemistic language such as “sustainable utilization” and “conservation hunting.” Adam reveals how these policies, supported by influential NGOs, blur the lines between protection and exploitation, creating loopholes that organized crime syndicates exploit.
Listeners will also learn about the financial crime dimension—how wildlife trafficking intersects with money laundering and poly-criminal networks—and what red flags compliance professionals should watch for. From shocking scenes in Canadian and Norwegian warehouses to the global demand for exotic pets, this episode challenges assumptions about conservation.
Links
Trade Secret
Adam Cruise
Polycriminality and pangolins: following wildlife crimes’ tracks in financial services
Glass eel trafficking connects €3bn money laundering networks
Contact us
editorial@corylated.com
www.compliancecorylated.com
www.corlytics.com