Crash when building banks with FMOD

So, I followed the official instructions on how to get FMOD integrated in UE4 but as soon as I hit Build… in FMOD Studio, Unreal crashes. There are no FMOD components generated, only .bank files under FMOD/Desktop. I set up an empty project in FMOD with one event and one bank just for testing and still the crash happens. Is there anything I’m missing out?