FinCEN may fine a former compliance officer for failures under his watch at his employer MoneyGram. While most executives and employees are personally protected by their corporate entity, this case shows that compliance officers can find themselves personally exposed to the risks they are paid to protect against. Pretty scary stuff… he probably should have bought better tools, like KYC3.
Read all about it at Compliance Week
KYC3 - Know Your Customer, Counterpaty and Competitor 