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Comment by PeterStuer

Contrary to what you indicate rules are not declared in a vacuum, for people to read and then algorithmically 'implement'. There are many ways to interpret regulation, and there will be both accompanying clarifications, as well as compliance departments negotiating with regulators on what is an acceptable and sufficient compliance action. Then there furthermore is a risk that will be calculated vs the cost and opportunity costs etc.

As an enterprise architect, these are all part of the meetings you have with compliance when you are working on major projects. I have had the privilege of working with some excellent compliance officers, and they are the opposite of the nay-saying caricature that is often painted of them. I found these people to be extremely creative and helpful, working together towards solutions rather than stalling or nixing viable progress.

parent PeterStuer 4 months ago

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