Hacking Compliance Culture

Making change is hard and slow. Innovators blame compliance. Compliance blames regulators. But what happens when regulators themselves decide to become the innovators? Nick Cook, Director of Innovation for the Financial Conduct Authority in the UK talks about their successes and challenges to be more innovative, the role of Tech Sprints (which he really wanted to call hack a thons) and changing both the structure and culture of a regulatory body. In the second segment, Jo Ann barefoot, the US Based host of the of next FCA tech sprint on Financial crimes and anti money laundering gives us a sneak peak at her new non-profit: AIR. Alliance for Innovative Regulation.