What do you do when your bank faces staggering fines from regulators around the globe? The response, by British banking giant Barclays, is to redouble its training efforts for compliance personnel and the employees they oversee.
Barclays recently announced the creation of its Compliance Career Academy, a new effort intended “to transform and professionalize compliance.” A partnership with the U.K.’s Cambridge Judge Business School, it will deliver training to employees at all levels in locations including Cambridge, Johannesburg, New York and Singapore. The program is described as “a potential world-first academic and industry collaboration.”
