January 6th 2026 the US began the operation to capture Venezuelan President Maduro.

By the 7th January the media were reporting that contracts placed on two prediction market exchanges: Kalshi and Polymarket, relating to the US invading Venezuela were not resolved.

Nic and Damian discuss the sudden rising popularity of Prediction Markets. What are they? How do they work? What are the risks? Is it time for firms to revisit their Personal Account Dealing Policies?

More about SKADI:

Website: www.skadilimited.com

X: https://x.com/skadilimited

Linkedin: ttps://www.linkedin.com/company/skadi-limited

Instagram: https://www.instagram.com/skadilimited/

David Smothermon finished 2015 on a high. He had generated substantial profits in the Houston subsidiary of Trammo AG. A firm founded half a century earlier specialising in the global trade of Ammonia. But while the profits rolled in, his positions grew. By the end of 2015, while being congratulated, he was asked to reduce risk. Bonuses would be paid in May, but the losses started to grow. Smothermon turned to elicit means to hide his losses and protect the bonus he should never have been awarded. Join Nic and Damian as they discuss this commodity markets case where rogue trading in a subsidiary cost the jobs of 200 staffers, sent the Chief Executive to jail, and nearly brought a trading house to its knees.

More about SKADI:

Website: www.skadilimited.com

X: https://x.com/skadilimited

Linkedin: ttps://www.linkedin.com/company/skadi-limited

Instagram: https://www.instagram.com/skadilimited/

#roguetrader #commodities #whitecollarcrime #investigations #finance #risk #LPG #oil #ammonia

This episode is brought to you in association with Tristan Bramble’s Words with a Founder Podcast – link.

In this conversation, Tristan Bramble speaks with Nic Corry, founder of SKADI , about his journey from a successful trading career to establishing his own company. They discuss the importance of continuous learning, the dynamics of client relationships, and the challenges of being a founder. Nicolas shares insights on building a brand, the significance of peer support, and the evolving landscape of finance and technology. The conversation also touches on personal reflections and the balance between professional and personal life.

Takeaways

• Nicolas Corry transitioned from trading to founding SKADI.

• SKADI aims to bridge the gap between control functions and businesses.

• Continuous learning is essential for personal and professional growth.

• Peer support is invaluable for founders navigating challenges.

• Client trust is built through understanding and empathy.

• The dynamics of investigations rely heavily on people interactions.

• Technology is reshaping the finance industry and client interactions.

• Nicolas emphasizes the importance of nurturing experienced professionals.

• The future of finance includes adapting to complex products outside traditional banks.

• Personal interests, like athletics and baking, contribute to a balanced life.

Chapters List

00:00 Introduction to SKADI and Its Origins

02:56 The Journey of a Founder: Transitioning from Trading to Building

05:49 The Importance of Continuous Learning in Business

08:47 Building a Support Network as a Founder

11:42 Client Experiences and the Value of Understanding

14:55 Navigating Challenges in the Financial Landscape

22:38 Navigating the Audit Landscape

25:45 The Importance of Collaboration in Auditing

29:22 The Evolution of Investigative Techniques

32:14 Shifts in Financial Markets and Client Needs

36:10 Personal Reflections and Leadership Style

More about SKADI:

Website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Linked In:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Instagram: ⁠⁠⁠⁠https://www.instagram.com/skadilimited/⁠

#WordsWithAFounder #SKADIPodcast #FounderJourney #Leadership #ContinuousLearning #EntrepreneurMindset #WorkLifeBalance #PersonalGrowth

The OceanGate incident shocked the world, but it also revealed key failures in how risk is assessed and communicated. In this episode, we explore the warning signs, the decisions made, and what this event can teach us about accountability, innovation, and safety.

Discussion panel: Nicolas Corry & Damian Taylor

Podcast Production: Alexandra Mexi

If you enjoy the SKADI podcast then be sure to subscribe to our newsletter !

You will receive insights, resources, and exclusive updates by email

Click the⁠⁠⁠⁠⁠⁠Link ⁠⁠⁠⁠⁠⁠ to sign up – It's free and packed with value !

More about SKADI:

Website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Linked In:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠⁠⁠⁠⁠⁠

Instagram: ⁠⁠⁠https://www.instagram.com/skadilimited/⁠

#Leadership#RiskManagement #Innovation #Accountability #OceanGate #Tragedy #SafetyCulture #EngineeringEthics

A look at some of the recent legislation and regulation regarding loot boxes and other matters affecting the video games industry. In this episode, Rob and Nikhil of Collyer Bristow chat with Damian regarding the complex and rapidly evolving regulatory landscape facing the gaming industry in 2025, covering new legislation such as the UK’s Online Safety Act, the EU Digital Services Act, and the Digital Markets, Competition and Consumers Act. We discuss the growing scrutiny of major gaming platforms, the challenges of compliance for developers—especially related to loot boxes and microtransactions—and how current regulation focuses increasingly on consumer and child protection. We also examine international approaches, contrasting the UK's stance of industry self-regulation with stricter regimes in countries like Belgium and evolving court decisions in the Netherlands and Austria. Finally, we consider the broader impact of these legal shifts, including the high compliance burden for studios and the commercial opportunities within a crowded and competitive marketplace.

Discussion panel: Damian Taylor, Rob Watson & Nikhil Vyas

Podcast Production: Alexandra Mexi

If you enjoy the SKADI podcast then be sure to subscribe to our newsletter !

You will receive insights, resources, and exclusive updates by email

Click the⁠⁠⁠⁠⁠Link ⁠⁠⁠⁠⁠ to sign up – It's free and packed with value !

More about SKADI:

Website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Linked In:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠⁠⁠⁠⁠

Instagram: ⁠⁠https://www.instagram.com/skadilimited/⁠

#LootBoxes #InGamePurchases #OnlineSafety #ChildSafetyOnline #GameRegulation #Microtransactions #EULaw #DigitalMarketsAct #RegulatingGames #GamesCompliance

In this explosive episode, we uncover the multimillion fraud pulled off by Michael Viney — a tale of doctored emails, hidden accounts, and luxury spending, all at HMRC’s expense. From inside BGC’s walls to a dramatic courtroom showdown, this is one of the UK’s boldest and most audacious financial scandals.

Discussion panel: Nicolas Corry & Damian Taylor

Podcast Production: Alexandra Mexi

If you enjoy the SKADI podcast then be sure to subscribe to our newsletter !

You will receive insights, resources, and exclusive updates by email

Click the⁠⁠⁠⁠Link ⁠⁠⁠⁠ to sign up – It's free and packed with value !

More about SKADI:

Website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Linked In:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠⁠⁠⁠

Instagram: ⁠https://www.instagram.com/skadilimited/⁠

#FinancialScandal #FinancialCrime #idb #interdealerbroker #contempt #fraud #tax #HMRC #audit #compliance #investigations

In this episode, Nic and Damian zoom in on Tim and Natalia Wiswell, two central figures in the infamous Mirror Trading Scandal. A scheme that quietly moved billions out of Russia through Western banks under the guise of legitimate trades. Who were the Wiswells, and how did they become entangled in one of the most sophisticated financial laundromats of the modern era? Join us as we dive into this global scandal and explore the personal ambitions, connections, and consequences behind the headlines.

Discussion panel: Nicolas Corry & Damian Taylor

Podcast Production: Alexandra Mexi

If you enjoy the SKADI podcast then be sure to subscribe to our newsletter !

You will receive insights, resources, and exclusive updates by email

Click the⁠⁠⁠Link ⁠⁠⁠ to sign up – It's free and packed with value !

More about SKADI:

Website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Linked In:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠⁠⁠

Instagram: https://www.instagram.com/skadilimited/

#MirrorTrading #FinancialScandal #MoneyLaundering #FinancialCrime #Whistleblowing #FinancialCrisis #WiswellCase #LaundryWithTheWiswells

30 years ago Nick Leeson's actions of ego, ambition, and unchecked greed led to the catastrophic collapse of one of the UK’s oldest and most esteemed financial institutions Barings Bank. Through unauthorised trading, Leeson accumulated losses of almost £1 billion, ultimately bringing down a 233-year-old bank that had been a pillar of British banking.
Leeson’s risky, unmonitored trades in the derivatives markets went undetected for a time, fuelled by a lack of oversight and an unchecked culture of risk-taking. His ability to hide the scale of the losses, combined with a series of poor decisions and negligence within the bank, resulted in one of the most infamous episodes in modern financial history. The impact was not only financial but also reputational, sending shockwaves through the global financial system and leading to changes in regulatory standards.
As we reflect on this event, it's a reminder of the critical importance of governance, risk management, and maintaining ethical standards in finance. In today’s increasingly complex financial environment, the lessons of Barings Bank are more relevant than ever.

If you missed it, we previously explored this significant event in a podcast episode, with some of our experts reminiscing about their own experience working on the trading floor at Barings Bank.

You can catch the full episode on the link below: https://lnkd.in/emRkpGEX

#RogueTrading #Finance #BankingHistory #BaringsBank  #RiskManagement #Leadership #NickLeeson #Erroraccount #Arbitrage

Nic and Damian review the unfolding allegations being made in relation to Rachel Reeves’ concurrent departure from HBOS. How do these resonate with those found in typical whistleblow investigations? What’s unusual? What’s not?

Discussion panel: Nicolas Corry & Damian Taylor

Podcast Production: Alexandra Mexi

If you enjoy the SKADI podcast then be sure to subscribe to our newsletter !

You will receive insights, resources, and exclusive updates by email

Click the⁠⁠Link ⁠⁠ to sign up – It's free and packed with value !

More about SKADI:

Website:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://skadilimited.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

X:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://twitter.com/skadilimited⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠

Linked In:⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/company/skadi-limited/?trk=top_nav_home⁠⁠⁠⁠⁠

#investigations #internalaudit #expenses #whistleblowing #gifts #financialcrisis

Trading since the 1990s hosts Nic and Damian help audit, legal and investigation teams at some of the largest firms. They have seen first hand the impact of financial crises, regulatory and cultural shifts, the advance of technology and its impact on the flow of information, management of risk and ease of execution.

Together they host "The SKADI Podcast" and are on a mission to help others make sense of the mysteries of Finance!

From Bank Runs to Ponzis…. Insurance to investigations…. The SKADI Podcast captures it all.

Whether you’re interested in stopping a Rogue Trader, or whether Tulip bulbs really sold for more than a house, join the podcast dedicated to those working to safeguard our finance industry.