INTRODUCTION
Compliance regulations in the financial services space have increased in recent years. However, many firms’ compliance departments are increasingly struggling to add staff positions to their teams or replace employees who leave for other opportunities. Senior leaders in some companies unfortunately embrace the misperception that, because the firm has not been the subject of any previous enforcement actions, the compliance department’s funding must be adequate.
If your compliance department is tasked with doing more with less, these best practices can help you stay on top of your regulatory obligations – ultimately protecting your firm, clients, employees and stakeholders.
Download now to learn more about best practices to ensure your lean compliance team is successful in 2023 and beyond.