Are Pre-Conceived Notions About the CCO and CRO Roles Holding Back Better Governance? I came across a social media post recently that listed the regulatory fines paid by a large Canadian bank in 2025. Included were supervisory failures, compliance breakdowns and anti-money laundering deficiencies. The total dollar amount was staggering — not because fines are …
Author archives: Ian Moorhouse
Is now the time to ask: How Close Is Too Close?
I guess what I’m asking is should we be rethinking the CRO and CCO’s Proximity to the Front Line. The traditional “three lines of defense” model has long provided a clear and logical framework for risk management and compliance. Tier 1 owns and manages risk, Tier 2 oversees and challenges, and Tier 3 independently assures. …
Continue reading “Is now the time to ask: How Close Is Too Close?”
Asking the Question: Respect – Is It an Overlooked Attribute of Success?
The month of December was a good month, not because it was the Christmas season, but because there was several moments of self reflection on Christmas’s past and how the seasons have evolved personally over the years. Yet this reflection was also about the year 2025 and the highs and the lows personally and professionally. …
Continue reading “Asking the Question: Respect – Is It an Overlooked Attribute of Success?”
Set Yourself Up for Success
The idea of setting yourself up for success has been front and center for me recently on a couple of matters, both personally and professionally. It’s a simple phrase that can mean so much, a phrase that can provide guidance and for me, the drive to succeed. But what does “Success” actually mean? In its …
Emotions in Business: The Hidden Factor in Compliance and Risk Management
Running a business is not just about numbers, strategy, and growth—it’s also about passion. For many smaller firms, particularly in financial services, the business is deeply personal. Founders and principals often pour their time, resources, and energy into building something they care about. This emotional connection can be a strength—but it can also create blind …
Continue reading “Emotions in Business: The Hidden Factor in Compliance and Risk Management”