As a seasoned Compliance Officer, I’ve spoken to my management teams many times about the cost of non-compliance and its potential impact on the company. I’ve referenced the usual Government enforcement statistics on fines and penalties to bolster my case. Sometimes the “scary speech” resonates, but more often I’ve received polite responses about how the huge fines only represent the “worst-of-the-worst” in the “bad old days” and so don’t apply.…
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