In this wide-ranging discussion, Dean Elwood talks with Umony Advisory Board member Sally Dewar — an experienced finance professional whose career spans KPMG, the London Stock Exchange’s regulatory division, the Financial Services Authority (FSA) and JP Morgan. Sally recounts her front-row seat to the upheaval of the financial crisis, offering a behind-the-scenes look at regulatory challenges and the major cultural shifts that followed.

If you’re curious about how the banking world really works behind the headlines — and what the next evolution of risk, regulation and AI-driven compliance might look like — this episode gives an insider perspective on the changing face of finance.

Chapters:

00:00 Intro

00:27 Sally’s Career Journey

02:57 Inside the LIBOR Scandal

08:16 Regulatory Evolution

18:35 Role of Technology

29:21 Culture & Conduct

30:25 Future Outlook

FCA update as pointed out in the podcast:

⁠https://www.theguardian.com/business/2025/mar/12/financial-watchdog-scraps-plan-to-name-and-shame-uk-firms-under-investigation