Maybe it's because it's Friday, but I had to post a comment on a recent memo I received. It really hit home just how out of touch with reality the current banking regulatory environment has become. As a result of a recent Compliance exam finding, we just issued a Corporate-wide Policy on.......drum roll please...... Policies and Procedures. So what's next? A Policy on the Policy about Policies and Procedures? Will the madness never end?
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