The Role of Regulators in Compliance

Henson: How many organizations actually really want to be compliant and how many just want to demonstrate that they've tried to achieve compliance. He says there is a difference between what an organization would do if it had free rein and what an organization is required to do by law or regulation given regulatory priorities. "Sometimes we want to do the absolute bare minimum to tick the box. Sometimes whisper it, we want to bend the rules," he adds.