Fred discusses the types of work he will be doing in his new role, with a “focus on financial industry clients, advising in a range of areas, including risk assessments, remedial actions and employee training, and he also anticipates potential roles as an independent monitor for firms subject to regulatory settlements and enforcement actions.” He also discusses the state of compliance and the financial services industry.
According to Fred, “The main goal is helping institutions regain the trust lost with the regulators. We’re here to help the client do things more efficiently and more effectively. And to not only meet the requirements of regulators, but of all the other stakeholders, including shareholders and employees.” Fred highlights the importance of technology combined with sound human judgement to achieve these expectations.
In addition, Tom Bock notes, “Our clients want advisors who know what’s coming next as they build comprehensive compliance solutions. Fred’s reputation in this area is unparalleled.”
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