It's that time of year. TFPL's EBIC (European Business Information Conference) is next week in Seville, Spain. This year I'm giving a workshop (with Heather Hooper of JP Morgan UK) on how the heightened compliance and regulatory environment is creating new opportunities for professional knowledge managers, librarians and researchers. Some fast facts: Between $100-$300 billion will be laundered in the US this year; close to $1 trillion will be laundered globally. Banks will spend over $2.5 billion this year on compliance-related IT. There's a lot of opportunity - Regulation, it has been said, is the mother of invention. When I return I'll post the presentation.
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PCAN
- Related Research from Alacrastore.com
I think its bad to associate regulation with invention and opportunity. Compliance related regulations didn't create new jobs - it shifted them from one problem to another.
Seems like someone fell victim to Henry Hazlitt's fallacy of the broken window
Posted by: eric johnson | February 24, 2005 at 06:54 PM