My experience is making me become completely cynical towards compliance and regulation across all industries.
Young person working in a commodities function. I came from college not too long ago. I'm not really a libertarian or anti government type.
Of course I see that we need some rules. This goes without needing much explanation.
But, my work experience has made me very jaded against a lot of regulations - both ones set by government, and some of internal compliance type stuff.
Here are examples of the examples that make me particularly jaded
- To be compliant with federal regulatory agency, stuff on a document has to be extremely precise. Imagine stuff like ...can you please change "Wooden Pallets suitable for construction," to "Certified construction wood pallets"
- How asinine certain processes become. We had a company wide call over how to make sure a certain process does not cause any issue.
- The fact that most of these processes are not workable or realistic. I think if you dig a little deeper, you can see past the mirage. Lawmakers make regulations they don't understand the logistics of. Companies usually set forth a set of rules, and then implicitly make their employees break the rules to get results. Probably only the worst offenders get punished.
- The type of people that go into compliance. It's harsh, but I absolutely believe the trope that "The government isn't smart enough to catch people breaking the rules." Seriously, no remotely intelligent person would be able to work in compliance. I feel like you have to be a bit gullible to not see through the mirage, and also not smart enough to see how much crap is constantly getting misfiled, etc.
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