30 - Why Your Partnership or Bank Account Request Got Rejected and How to Reverse it

<p><span style="font-weight: 400;">In this</span> <a href= "https://directory.libsyn.com/shows/view/id/compliancethatmakessense"> <span style="font-weight: 400;">Compliance That Makes Sense</span></a> <span style="font-weight: 400;">episode, I want to continue the conversation with you about where people get stuck with compliance, and I have a couple of case studies for you to illustrate how this happens. I also want to show you what to do if this happens and, more specifically, what you can do if your bank application or partnership requisition application, or RFP application gets rejected. The obvious question would be, can I reverse it? Can I go back to them in a few months? And what can I do to make it better next time? Before we discuss this, I want to look at the bigger picture and why these things happened in the first place so that you can better understand the context before we go into details and specific examples.</span></p> <p><span style="font-weight: 400;">If you enjoy this episode, please share it with friends, leave comments and reviews, and join the conversation. </span></p> <p><strong>Today's episode:</strong></p> <ul> <li><span style="font-weight: 400;">[00:34] Hey guys, I'm back!</span></li> <li><span style="font-weight: 400;">[01:49] Compliance people and everyone who works with laws and regulations sometimes think their jobs depend on how much they know.</span></li> <li><span style="font-weight: 400;">[02:42] The craziest idea ever is to depend on your technical skills in career progress.</span></li> <li><span style="font-weight: 400;">[04:12] In one case, I wanted to share a bank account application and discuss why they didn't get approved.</span></li> <li><span style="font-weight: 400;">[06:59] This company operates in some of the emerging markets, so they are potentially risky.</span></li> <li><span style="font-weight: 400;">[09:30] It's a question of a compelling story.</span></li> <li><span style="font-weight: 400;">[10:37] If you have found yourself in this situation, go back to whoeve