Podcast: Debunking Debanking

Banks must consider rules, regulatory authorities, and reputational risks when offboarding clients.

Offboarding banking customers can be a very difficult issue for banks. There is no single set of rules or a regulation that addresses how and why the process can be undertaken.

In our latest podcast on offboarding aka debanking, we set out the various rules and regulatory authorities that affect this process as well as the reputational risk considerations that banks need to keep front of mind when debanking clients.

Listen to our podcast on DSARs and Debanking here to learn about the DSAR process through the lens of debanking and the crucial considerations for data controllers.