Bruce’s work for private banks and corporations has involved counseling on prevention strategies, on complying with anti-money laundering requirements, on the development of due diligence procedures, and on compliance with transnational corruption laws. Bruce has served as an expert witness and/or consultant on several occasions. The list of particulars is a long one.
We must respond to these changes by further strengthening our efforts at maintaining financial system stability with adequate rules and regulations while avoiding over-regulation. It happened after Enron with Sarbannes Oxley which tended to go overboard without, some would say, achieving sufficient strengthening of the system – the results of which we are seeing today.