Cerico supplies e-learning to firms' suppliers around issues such as anti-bribery, corruption and money laundering Pichetw
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Research from the think tank shows that the number of compliance officers has doubled to 2,075 over the last 13 years. In that period, by contrast, the number of asset management staff has fallen by 8,500 to just under 37,400. Dominic Johnson, chair of the think tank, said: 'Compliance has become the new ‘priesthood’ of financial services. Punishment for failure to comply can be so financially crippling that exceeding minimum requirements is now de rigueur.' Source: Financial Times
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