Carrot or stick? How to incentivise compliance

'What gets measured gets done': by that reckoning, rewards to/for AML compliance should increase confidence that the business will run clear of rule breaches and potentially massive penalties, so protecting, arguably benefiting, the bottom line. Paul Cochrane looks at 'compliance payback' models and how they stack up against coercive enforcement in improving behaviour.

'What gets measured gets done': by that reckoning, rewards to/for AML compliance should increase confidence that the business will run clear of rule breaches and potentially massive penalties, so protecting, arguably benefiting, the bottom line. Paul Cochrane looks at 'compliance payback' models and how they stack up against coercive enforcement in improving behaviour.