Where Form 8854 Compliance 2023-2024

We'll the horrors that reportedly lie within be visited upon those who dare to end to her our compliance partners. As unforgiving as the name would suggest, does compliance really put the know in Northern Trust? No, compliance exists to help guide you and they are happy to do so. They've had a bit of a bad rap for a long time, so let's set the record straight now, showing the role that complies plays here at Northern Trust is actually kind of cool. As you know, banking is perhaps the most highly regulated industry, with lots of rules covering everything we do. In order to uphold our principles that endure, each of us must operate on the right side of all those rules and regulations at all times. But given that there are so many, and that they change so frequently, how can each of us be expected to know them all? Well, that's where compliance comes in. Compliance is in place to give you the ability to do your work without having to memorize every last rule or regulation. And they don't just answer the question of "can I do this," they can also help you answer the question of "if I can't do it this way, what else might I be able to do in order to reach the same goal?" Compliance provides navigation in a sea of various regulatory processes. They are like guardrails on a mountain highway, delineating the path the road follows while keeping you thinking. Equally important, compliance is also a great resource for anybody who may feel uneasy about something they've encountered. It's a safe space to raise your hand and speak up if something seems questionable. At first, they might seem intimidating, but if you can muster enough courage to just ask them...