E72: 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. But recently, the UK's Financial Conduct Authority sent a warning to hundreds of companies who had burned through three or more MLROs in just three years! So, what does this tell us about the pressures and expectation on this role? In the latest episode of The Laundry – our expert host, Marit Rødevand , is joined by Adam Vilaça , Principal Consultant at Pathlight Associates and former-MLRO. They discuss: the problems with the MLRO role today, how to stop the 'revolving door' situation, and comments from The Laundry community. Producer: Matthew Dunne-Miles Engineers: Dominic Delargy, Nicholas Thon