Twenty seconds to comply

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Does anyone actually know what the compliance industry does all day? I am left wondering on a daily ...

Does anyone actually know what the compliance industry does all day? I am left wondering on a daily basis whether the vast wealth of resources ploughed into this sector is actually producing any real value. I think the simple answer is "No", and I am guessing I would not have too many people disagreeing with me. I have found myself having to deal directly with the compliance departments of a number of major institutions in recent weeks. While they seem to be nice people - you might even want to have coffee or drink with some of them (until you find out what they do for a living) but t...

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