Much has been written about the similarities and differences between art and science. In the current environment, a compliance officer needs to be a skilled performer--an artist--who interprets and is able to persuade a sometimes reluctant audience to understand and comply with myriad technical requirements--the science--of laws and regulations. It is this juxtaposition between these disciplines that we want to explore in The Art & Science of Compliance
In this inaugural edition, we profile the Renaissance person of today: the chief compliance officer. We also discuss the issues and challenges related to anti-money laundering transaction monitoring and highlight other recent regulatory developments.