When Deregulation Means More Work: The Compliance Professional’s Paradox
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When Deregulation Means More Work: The Compliance Professional’s Paradox
When tracking and reacting to regulatory change is part of your job description, an unpredictable era of deregulation can simply compound your problems, says Elaine Duffus of Wolters Kluwer. In my three decades as a compliance professional, I’ve observed a counterintuitive truth that surprises many banking executives: Periods of deregulation often create more complexity for compliance departments, not less. This might seem paradoxical. Surely f…
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